Oil & Gas

KEY POINTS A multinational consortium involving investors from Asia and Europe has secured around 50 billion dollars to build what is expected to become Africa’s second-largest oil refinery, marking one …

KEY POINTS Esso Exploration and Production Nigeria Limited has urged the Nigerian government to deliver clearer and quicker regulatory guidance as the country strives to revive oil production, attract international …

KEY POINTS Nigeria’s crude oil output in October reached 1.401 million barrels per day, marginally higher than September’s 1.39 million barrels per day, according to the latest Organisation of Petroleum …

KEY POINTS The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited, NNPCL, to refund ₦210 trillion to the Federation Account after rejecting the company’s explanations over the unaccounted …

KEY POINTS French multinational energy company, TotalEnergies SE, has signed a 10-year contract to supply renewable electricity to Data4’s data centres in Spain. The agreement, set to begin in 2026, …

KEY POINTS Shell Nigeria is shining a light on its six-decade presence in the country’s energy landscape at this year’s International Conference and Exhibition of the Nigerian Association of Petroleum …

KEY POINTS Petroleum marketers across Nigeria are rethinking their import plans after the Dangote Petroleum Refinery slashed its ex-depot price for petrol by N49 per litre, a move that could …

KEY POINTS The Nigerian Presidency is weighing significant changes to the ownership structure of the Nigerian National Petroleum Company Limited, NNPC, as concerns mount over the state firm’s limited contribution …

KEY POINTS Downer EDI Limited has signed a long-term maintenance and services deal with Chevron Australia that could be worth as much as $750 million over 15 years, marking a …

KEY POINTS Egypt has exported a new shipment of liquefied natural gas, LNG, to Greece on behalf of Shell, the Ministry of Petroleum and Mineral Resources confirmed on Saturday. According …