Oil & Gas

KEY POINTS The Dangote Group has moved to allay public concerns over Nigeria’s new fuel import tariff, saying the policy will not raise pump prices but will instead protect the …

KEY POINTS The Dangote Petroleum Refinery has reached a historic milestone, producing a combined 70 million litres of petrol and diesel daily, a volume that outstrips Nigeria’s total domestic fuel …

KEY POINTS ExxonMobil is in advanced discussions with power producers and leading technology companies to provide energy for artificial intelligence data centres using natural gas facilities equipped with carbon capture …

KEY POINTS Mozambique’s government has hinted at possible resistance to TotalEnergies’ revised budget and timeline for its liquefied natural gas, LNG, project, signalling that the country may not easily approve …

KEY POINTS The liquefied natural gas industry, LNG, long anchored in decades-long contracts and mutual trust, is now navigating its most turbulent phase yet. Billionaires Africa reports that what was …

KEY POINTS Aliko Dangote has ruled out acquiring any of Nigeria’s ailing state-owned refineries, saying he would rather expand his privately-owned Dangote Refinery than be accused of monopolising the nation’s …

KEY POINTS Libya’s National Oil Corporation, NOC, has announced a fresh oil discovery in the Sirte Basin made by Austria’s OMV, signalling renewed momentum in the country’s upstream sector amid …

KEY POINTS Nigeria’s economy has taken another hit as the recent nationwide strike by senior oil workers, PENGASSAN, caused massive disruptions in crude oil production, gas supply, and electricity generation.  …

KEY POINTS Nestoil Group has insisted that its operations across Nigeria remain unaffected despite the recent sealing of its Lagos head office by security operatives acting on a court order. …

KEY POINTS Eni signs agreement with Egypt’s Bioenergy Association to explore large-scale biogas production. The project will convert agricultural and animal waste into renewable energy and organic fertilisers. The initiative …