Oil & Gas

KEY POINTS The Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM, has described the ongoing spike in cooking gas prices across the country as artificial, blaming middlemen for exploiting consumers …

KEY POINTS Oil prices climbed on Wednesday as traders took comfort in OPEC+’s decision to limit the scale of its output hike, easing earlier concerns about a potential glut in …

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 …