Oil & Gas

KEY POINTS Chevron Mediterranean Limited and Israel Natural Gas Lines have signed a major transportation agreement to build the Nitzana export route, a new natural gas pipeline designed to expand …

KEY POINTS TotalEnergies SE has signed four production sharing contracts with Liberia, marking a major step in the country’s efforts to revive offshore oil exploration and lure back big-ticket investment. …

KEY POINTS Nigeria has taken a historic step into the global energy market, with the Dangote Petroleum Refinery shipping petrol to the United States for the very first time.  The …

KEY POINTS Aliko Dangote isn’t known for understatement. But when the billionaire industrialist declared that his 650,000-barrels-a-day refinery had ended Nigeria’s half-century struggle with fuel queues, it was a statement …

KEY POINTS Nigeria has spent a staggering ₦4 trillion ($2.58 billion) on petrol imports in the first half of 2025, according to fresh trade data that underscores the country’s stubborn …

KEY POINTS Craigwal Petroshore Limited, CPL, an indigenous engineering and EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) firm, teamed up with Nigerian National Petroleum Company Exploration & Production (NNPC E&P), …

KEY POINTS NNPC Gas Marketing Limited’s sudden increase in Compressed Natural Gas, CNG, prices for trucks, commercial vehicles, and private cars has raised alarm among motorists and industry observers. In …

KEY POINTS Dangote Petroleum Refinery announced a landmark reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, and unveiled plans to begin direct distribution to filling …

KEY POINTS ExxonMobil Corp. is moving into the fast-growing synthetic graphite business with the acquisition of Superior Graphite’s U.S. assets and select international operations, in a bid to position itself …

KEY POINTS Nigeria’s anti-graft agency has questioned Mele Kyari, the immediate past chief executive of Nigerian National Petroleum Company Ltd., NNPCL, as part of a widening investigation into alleged multibillion-dollar …