Oil & Gas

KEY POINTS Italian energy company Eni has signed three long-term agreements to purchase liquefied natural gas, LNG, from Indonesia as part of efforts to expand its global LNG portfolio and …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has accused the Dangote Petroleum Refinery of attempting to dominate Nigeria’s downstream petroleum sector through its legal challenge against fuel import …

KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …

KEY POINTS Chevron Corporation has unveiled a next-generation version of its Techron fuel additive, designed to improve engine performance and reduce damage caused by low-quality gasoline. The announcement was made …

KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …

KEY POINTS Residents in Lagos State are grappling with a steady rise in cooking gas prices, which has significantly increased financial pressure on households and small businesses. A market survey …

KEY POINTS Representatives of South Africa’s Government Employees Pension Fund (GEPF) and the Public Investment Corporation (PIC) have visited the facilities of the Dangote Petroleum Refinery & Petrochemicals and the …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has issued a strong warning to individuals and companies operating in Nigeria’s petroleum sector without the required licences, permits, …

KEY POINTS Investors at the annual general meeting of Shell plc have challenged the company’s long-term strategy amid growing concerns about the future demand for fossil fuels. The meeting, held …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel (Jet A1) from N1,750 to N1,650 per litre in a move designed to ease operational pressures …