Oil & Gas

KEY POINTS ExxonMobil Corp. is advancing plans to begin importing liquefied natural gas, LNG, into South Africa, marking a significant step toward establishing the country as a future gas hub …

KEY POINTS Nigerians faced yet another hike in fuel prices on Monday as petrol costs soared above ₦900 per litre across filling stations in Abuja, deepening public frustration over rising …

KEY POINTS Oil prices edged higher on Monday after OPEC+ opted for a smaller-than-expected output hike for November, calming worries of a sharp supply influx but leaving markets cautious about …

KEY POINTS Gasum Oy, Finland’s state-owned energy company, has begun construction on three new liquefied biogas (LBG), or bio-LNG, filling stations as part of its broader strategy to expand the …

KEY POINTS Mozambique signaled a breakthrough for one of Africa’s most ambitious energy ventures after President Daniel Chapo said Thursday that conditions have been met for TotalEnergies SE to restart …

KEY POINTS Eni SpA and its consortium partners have approved the long-awaited Coral North floating liquefied natural gas (FLNG) development offshore Mozambique, a move expected to transform the country’s role …

KEY POINTS Eni SpA is strengthening its presence in West Africa after signing a new exploration license with Ivory Coast’s Ministry of Mines, Petroleum and Energy, covering a vast deepwater …

KEY POINTS TotalEnergies SE is drawing a new partner into Denmark’s most ambitious carbon capture and storage (CCS) project, a step that underscores how Europe’s aging offshore oil and gas …

KEY POINTS Nigeria is leaning more heavily on its massive Dangote Refinery to buffer the economy from sliding oil prices and mounting supply in global markets, extending crude supply commitments …

KEY POINTS Nigeria’s most powerful oil union has agreed to call off a strike that threatened to upend fuel supply in West Africa, after government officials stepped in to mediate …