Oil & Gas

KEY POINTS Construction of the proposed Dangote-backed Lamu oil refinery in Kenya is expected to commence in October 2026, with Africa’s richest man, Aliko Dangote, saying preparations for the ambitious …

KEY POINTS Libya’s Waha Oil Company has contained a leak on the Zaqout-Sidra oil pipeline and restored pumping operations after completing repairs, according to a company statement issued on Saturday. …

KEY POINT Camco Oil Services, a subsidiary of the Edgo Group, has successfully drilled and completed a re-entry horizontal well in Libya’s Sarir oil field in partnership with the Arabian …

KEY POINTS The Nigerian National Petroleum Company Limited (NNPC Ltd.) has dismissed allegations of poor performance and impropriety levelled against its management, insisting that available production figures show measurable improvements …

KEY POINTS The Pipeline Infrastructure Nigeria Limited, PINL, has disclosed that the Nigerian National Petroleum Corporation, NNPC, secured more than $20 billion in gas sale and purchase agreements over the …

KEY POINTS The Pan Niger Delta Forum,PANDEF, has commended President Bola Ahmed Tinubu for approving a 15-year gas supply framework for UTM Offshore Limited, describing the decision as a significant …

KEY POINTS ExxonMobil has taken another major step towards developing its long-awaited Rovuma LNG project in Mozambique after awarding McDermott Energy Solutions a letter of intent for limited engineering and …

KEY POINTS The Dangote Petroleum Refinery has once again emerged as Europe’s largest supplier of imported jet fuel, overtaking the United States for the second consecutive month and strengthening Nigeria’s …

KEY POINTS Oil and gas companies operating in Nigeria remitted a combined $6.755 billion and N1.529 trillion in statutory contributions to the Niger Delta Development Commission between 2021 and 2025, …

KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …