Oil & Gas

KEY POINTS Egypt’s strategic position at the intersection of regional supply routes, energy infrastructure, and rising demand has made it a critical energy market, according to Shell Egypt’s Vice President …

KEY POINTS A weeks-long outage at a major Australian liquefied natural gas, LNG, export facility is set to further tighten an already strained global supply market, following recent disruptions in …

KEY POINTS Oil prices jumped sharply on Monday as tensions intensified in the ongoing US-Israel war with Iran. Brent crude, the global benchmark, rose more than 3 percent to trade …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has dismissed reports suggesting it is planning an Initial Public Offering, stating that the information currently circulating in the media and across social …

KEY POINTS Adura, the joint venture between Shell and Equinor focused on oil and gas assets in the UK North Sea, has secured a $3 billion reserve-based lending facility to …

KEY POINTS The spot premium for Dubai crude has dropped sharply to its lowest level in three weeks after sellers flooded the market with offers while TotalEnergies remained the only …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced its petrol price, lowering the gantry price to N1,200 per litre and the coastal price to N1,153 per litre. The adjustment …

KEY POINTS The Nigerian National Petroleum Company, NNPC, has said Nigeria is witnessing increased demand for its liquefied natural gas cargoes, as global energy disruptions create new commercial opportunities. The …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has signed Petroleum Exploration Licence No. 5 with SeaSeis Geophysical Limited to advance offshore exploration activities. The agreement authorises the company, …

KEY POINTS The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Bayo Ojulari, has said the company’s collaboration with the Dangote Refinery has strengthened Nigeria’s fuel …