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Oil & Gas

Featured posts

  • In the NewsMarketsOil & Gas

    Dangote Petroleum Cuts Petrol Prices, Launches Direct Distribution Nationwide

    by Oluwatosin Racheal Alabi September 12, 2025
    by Oluwatosin Racheal Alabi September 12, 2025

    KEY POINTS Dangote Petroleum Refinery announced a landmark reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, and unveiled plans to begin direct distribution to filling …

  • In the NewsOil & Gas

    ExxonMobil Enters Synthetic Graphite Market With Superior Graphite Deal

    by Oluwatosin Racheal Alabi September 11, 2025
    by Oluwatosin Racheal Alabi September 11, 2025

    KEY POINTS ExxonMobil Corp. is moving into the fast-growing synthetic graphite business with the acquisition of Superior Graphite’s U.S. assets and select international operations, in a bid to position itself …

  • In the NewsMarketsOil & Gas

    Ex-NNPCL Chief Mele Kyari Faces EFCC Scrutiny in Expanding Fraud Probe

    by Oluwatosin Racheal Alabi September 11, 2025
    by Oluwatosin Racheal Alabi September 11, 2025

    KEY POINTS Nigeria’s anti-graft agency has questioned Mele Kyari, the immediate past chief executive of Nigerian National Petroleum Company Ltd., NNPCL, as part of a widening investigation into alleged multibillion-dollar …

  • Energy TransitionIn the NewsOil & Gas

    Chevron Expands Israeli Gas, US LNG Supplies to Egypt Amid Surging Demand

    by Oluwatosin Racheal Alabi September 10, 2025
    by Oluwatosin Racheal Alabi September 10, 2025

    KEY POINTS Chevron Corp. is ramping up natural gas flows from Israel and shipping liquefied natural gas from the United States to Egypt, a move underscoring the North African nation’s …

  • In the NewsOil & Gas

    Egypt Strikes Deal With bp to Drill Five New Gas Wells

    by Oluwatosin Racheal Alabi September 9, 2025
    by Oluwatosin Racheal Alabi September 9, 2025

    KEY POINTS Egypt’s efforts to increase gas production and draw in foreign investment for its energy sector have entered a new phase with the signing of a preliminary agreement with …

  • In the NewsOil & Gas

    ExxonMobil Deploys Drone Technology to Boost Offshore Efficiency in Angola

    by Oluwatosin Racheal Alabi September 8, 2025
    by Oluwatosin Racheal Alabi September 8, 2025

    KEY POINTS The U.S. energy major claims that ExxonMobil’s deployment of drone-based inspection systems and sophisticated sonar imaging throughout its offshore operations in Angola will significantly increase safety, reduce downtime, …

  • In the NewsMarketsOil & Gas

    Nigeria Braces for Fiscal Strain as OPEC Pushes Ahead With Oil Output Hike

    by Oluwatosin Racheal Alabi September 8, 2025
    by Oluwatosin Racheal Alabi September 8, 2025

    KEY POINTS The Organisation of the Petroleum Exporting Countries, OPEC, efforts to boost oil production could worsen the global supply glut and drive prices even lower than the budgetary benchmarks …

  • In the NewsOil & Gas

    Dangote Refinery Denies Petrol Unit Shutdown After Report of Catalyst Leak

    by Oluwatosin Racheal Alabi September 8, 2025
    by Oluwatosin Racheal Alabi September 8, 2025

    KEY POINTS Following reports that suggested repairs could take months, Dangote Petroleum Refinery has denied claims that its gasoline unit was forced into a protracted shutdown, calling the rumors “fake …

  • In the NewsOil & Gas

    India Returns to Buy Nigerian Crude

    by Oluwatosin Racheal Alabi September 6, 2025
    by Oluwatosin Racheal Alabi September 6, 2025

    KEY POINTS Indian Oil Corp, the country’s largest refiner, has stepped back from its usual appetite for American crude, choosing instead to snap up barrels from Nigeria and the Middle …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Buys $7.2 Million Crude from NNPC

    by Oluwatosin Racheal Alabi September 5, 2025
    by Oluwatosin Racheal Alabi September 5, 2025

    KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …

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  • Nigeria: Enugu Plans 660MW Coal Power Plant to End Its Electricity Crisis

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Nigeria’s Oil Boom: Record Production in September 2023

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Libya’s Biggest Oil Refinery Shuts Down Amid Deadly Armed...
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