Oil & Gas

KEY POINTS The standoff between the Dangote Petroleum Refinery and senior oil-and-gas, PENGASSAN, workers escalated again in November after the company stopped paying the salaries of engineers who were laid …

KEY POINTS The Emadeb Energy Group has formally presented the first oil from the Ibom Field to the Akwa Ibom governor, Umo Eno, during a visit to the Government House …

KEY POINTS TotalEnergies has agreed to fold its oil and gas interests in the British North Sea into a growing partnership between Repsol and HitecVision, drawing another line under the …

KEY POINTS The National Oil Corporation, NOC, is preparing to open a new chapter in Libya’s offshore energy ambitions as it moves ahead with plans to drill the deepest exploration …

KEY POINTS Chevron has confirmed plans to join Nigeria’s upcoming oil licensing auction and is preparing to bring a new drilling rig into the country by late 2026, signalling a …

KEY POINTS Sudan’s once-critical oil sector is edging closer to outright breakdown as the conflict between the army and the Rapid Support Forces, RSF, continues to engulf vital energy hubs …

KEY POINTS Dangote Refinery has trimmed the gantry price of diesel to ₦910 per litre, easing it down from ₦950 and signalling another attempt by the facility to pass on …

KEY POINTS Shell has withdrawn from the proposed multibillion-dollar Argentina LNG project, stepping back barely a year after it entered a project development agreement with YPF, the country’s state-controlled energy …

KEY POINTS ExxonMobil has begun winding down its oldest steam cracker on Singapore’s Jurong Island, marking a significant shift in the company’s Asian petrochemicals strategy at a time of persistent …

KEY POINTS Oil prices steadied on Thursday, with traders weighing Ukraine’s latest strike on Russian energy infrastructure against the reality that diplomatic efforts to halt the war appear to have …