Oil & Gas

KEY POINTS Dangote Refinery has warned that Nigeria’s fuel prices could more than double if the country keeps relying on imported petrol instead of refining it at home. This has …

KEY POINTS AA Rano Nigeria, which was started by oil tycoon Auwalu Abdullahi Rano, has opened what it calls Nigeria’s first fully automated and unmanned fuel stations. This could change …

KEY POINTS TotalEnergies and Zebbra Energy, a small Nigerian company run by businessman Ambrosie Bryant Chukwueloka Orjiako, have come to an agreement about the long-running dispute over offshore oil block …

Eni and Repsol are struggling to recover about $6 billion owed for gas supplied to Venezuela as U.S. sanctions and policy shifts limit repayment options

Dana Gas received $50 million from Egypt, easing receivables and backing a drilling programme aimed at lifting gas output and cutting fuel imports

KEY POINTS Rostam Aziz, a Tanzanian billionaire, runs the Taifa Group, an East African industrial and energy conglomerate. The company plans to invest more than $500 million in Zambia over …

KEY POINTS Reports that the Dangote Petroleum Refinery is closing down for maintenance have been denied by the company, which calls the claims false and says they could hurt the …

KEY POINTS Nigeria is saving more than N10 trillion every year following the removal of fuel subsidy, according to Senator Olamilekan Adeola, representing Ogun West Senatorial District. Speaking on Saturday …

KEY POINTS Petralon Energy, an indigenous oil exploration and production company, has appointed Uduak Equere as Executive Director, effective January 5, 2026, marking a key leadership move after a year …

KEY POINTS As competition in the downstream oil market intensifies, the Nigerian National Petroleum Company Limited, NNPC, has once again reduced the price of fuel at its retail locations by …