Oil & Gas

KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …

KEY POINTS Angola’s state-owned oil company, Sonangol, and the country’s oil and gas regulator have announced promising results from the Katambi-2 offshore appraisal well, with initial testing confirming productive reservoirs …

KEY POINTS Investment Group belonging to Johann Rupert, Remgro, is positioning itself to play a significant role in South Africa’s emerging competitive electricity market through the Energy Exchange of Southern …

KEY POINTS Uganda is targeting February 2027 for a final investment decision (FID) on its long-delayed $4 billion crude oil refinery, a development that could mark a major step towards …

KEY POINTS • Kenya and Rwanda have signed three agreements to establish a government-to-government framework for fuel imports. • The partnership will improve Rwanda’s fuel security by increasing the use …

KEY POINTS • Libya will increase natural gas production after the National Oil Corporation and Italy’s Eni completed an upgrade of the Bahr Essalam offshore gas field. • The project …

KEY POINTS • The NSCDC has arrested two suspects over the alleged vandalism of NNPCL pipelines in Edo State. • The suspects were apprehended in Ekpoma following an intelligence-led operation …

KEY POINTS The Independent Petroleum Marketers Association of Nigeria, IPMAN, has called on the Nigerian National Petroleum Company (NNPC) Limited to urgently conclude its proposed technical equity partnership with two …

KEY POINTS The Dangote Petroleum Refinery has imported two cargoes of crude oil from the United Arab Emirates (UAE), marking the first time the facility has sourced crude from the …

KEY POINTS Nigerians are beginning to experience relief from the high cost of cooking gas as the price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has fallen …