Oil & Gas

KEY POINTS Eni has completed the sale of a 10% interest in Côte d’Ivoire’s Baleine offshore project to Azerbaijan’s state-owned energy company SOCAR, reshaping the ownership structure of one of …

KEY POINTS The Federal Government and the Nigerian National Petroleum Company Limited, NNPCL, have been urged to revive the country’s government-owned refineries as rising international crude oil prices continue to …

KEY POINTS Nigeria LNG Limited, NLNG, has urged gas producers to treat methane reduction not only as an environmental responsibility but also as a commercial opportunity that can increase revenue, …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, commonly known as petrol, with prices rising by as much as N85 …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, is targeting up to $10 billion in new gas investments through a funding scheme designed to reduce project risks …

KEY POINTS Dangote Refinery has warned that new and rehabilitated refineries in Nigeria, Africa and other major oil-producing regions could increase competition and put pressure on its market share, product …

KEY POINTS Chevron is making another attempt to develop the long-stalled Ubon gas condensate field offshore Thailand, years after previous efforts failed to move the project into development. The Ubon …

KEY POINTS Senegal has signed a memorandum of understanding with Italian energy company Eni to assess the potential of five offshore oil and gas blocks as the country seeks to …

KEY POINTS ExxonMobil has secured regulatory approval to move ahead with its Rose carbon-capture project in Texas, clearing a major hurdle for a development designed to permanently store carbon dioxide …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd., has unveiled plans to significantly expand Nigeria’s gas reserves and production as part of efforts to establish the country as …