Oil & Gas

KEY POINTS Dangote Petroleum Refinery has denied claims that a surge in petrol imports late last year followed a breakdown in supply arrangements between the refinery and petroleum marketers. The …

KEY POINTS ExxonMobil and Turkey’s state-owned oil company, Turkish Petroleum, have signed a memorandum of understanding to work together to look into new oil and gas exploration and development opportunities …

KEY POINTS Shell has agreed to buy stakes in two undeveloped offshore oil blocks in Angola from Chevron, strengthening its position in one of Africa’s most important crude producing nations. …

Seplat Energy Plc has named Canaccord Genuity Limited and Peel Hunt LLP as its new joint UK corporate brokers. This shows that more and more people are interested in the …

Aliko Dangote withdrew his petition against former regulator Ahmed Farouk, but Nigeria’s anti-graft agency says its investigation into the allegations is continuing

KEY POINTS Dangote Refinery has warned that Nigeria’s fuel prices could more than double if the country keeps relying on imported petrol instead of refining it at home. This has …

KEY POINTS AA Rano Nigeria, which was started by oil tycoon Auwalu Abdullahi Rano, has opened what it calls Nigeria’s first fully automated and unmanned fuel stations. This could change …

KEY POINTS TotalEnergies and Zebbra Energy, a small Nigerian company run by businessman Ambrosie Bryant Chukwueloka Orjiako, have come to an agreement about the long-running dispute over offshore oil block …

Eni and Repsol are struggling to recover about $6 billion owed for gas supplied to Venezuela as U.S. sanctions and policy shifts limit repayment options

Dana Gas received $50 million from Egypt, easing receivables and backing a drilling programme aimed at lifting gas output and cutting fuel imports