Oil & Gas

KEY POINTS Nigeria is leaning more heavily on its massive Dangote Refinery to buffer the economy from sliding oil prices and mounting supply in global markets, extending crude supply commitments …

KEY POINTS Nigeria’s most powerful oil union has agreed to call off a strike that threatened to upend fuel supply in West Africa, after government officials stepped in to mediate …

KEY POINTS Italian oil and gas major Eni SpA is preparing to sign off on a long-awaited final investment decision (FID) for Mozambique’s Coral North liquefied natural gas project, setting …

KEY POINTS Nigeria’s attempt to broker peace between the Dangote Petroleum Refinery and one of the country’s most powerful oil unions ended without a deal after nine hours of negotiations, …

KEY POINTS ExxonMobil Corp. Chief Executive Officer Darren Woods pressed Mozambique’s President Daniel Chapo last week for firm guarantees of security before moving ahead with a $30 billion liquefied natural …

KEY POINTS Nigeria’s federal government is scrambling to head off a looming nationwide strike by senior oil workers after a confrontation between the Petroleum and Natural Gas Senior Staff Association …

KEY POINTS Nigeria’s petroleum regulator, NUPRC, has stepped into the growing standoff between Aliko Dangote’s refinery and oil sector unions, urging all sides to resolve their differences without putting the …

KEY POINTS Equatorial Guinea has signed a landmark agreement with US energy major Chevron to kickstart the Aseng Gas Project, a $690 million development aimed at securing feedstock for the …

KEY POINTS The Dangote Petroleum Refinery, Nigeria’s flagship private downstream asset, has suspended sales of petrol in naira, setting the stage for another round of turbulence in the country’s fuel …

KEY POINTS Nigeria’s most powerful oil and gas union, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has directed its members across the country’s top energy firms …