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KEY POINTS Nigeria’s crude oil production rose by 5.5% in August compared with the same month a year earlier, a boost that brings the country closer to its OPEC target …
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Oil & Gas
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KEY POINTS Chevron Mediterranean Limited and Israel Natural Gas Lines have signed a major transportation agreement to build the Nitzana export route, a new natural gas pipeline designed to expand …
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KEY POINTS TotalEnergies SE has signed four production sharing contracts with Liberia, marking a major step in the country’s efforts to revive offshore oil exploration and lure back big-ticket investment. …
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KEY POINTS Nigeria has taken a historic step into the global energy market, with the Dangote Petroleum Refinery shipping petrol to the United States for the very first time. The …
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KEY POINTS Aliko Dangote isn’t known for understatement. But when the billionaire industrialist declared that his 650,000-barrels-a-day refinery had ended Nigeria’s half-century struggle with fuel queues, it was a statement …
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In the NewsMarketsOil & Gas
Nigeria’s Petrol Import Bill Hits ₦4 Trillion in Just Six Months as Refining Lags
KEY POINTS Nigeria has spent a staggering ₦4 trillion ($2.58 billion) on petrol imports in the first half of 2025, according to fresh trade data that underscores the country’s stubborn …
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In the NewsOil & Gas
Craigwal Petroshore, NNPC E&P Lead Safety Workshop for Oil and Gas Professionals
KEY POINTS Craigwal Petroshore Limited, CPL, an indigenous engineering and EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) firm, teamed up with Nigerian National Petroleum Company Exploration & Production (NNPC E&P), …
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KEY POINTS NNPC Gas Marketing Limited’s sudden increase in Compressed Natural Gas, CNG, prices for trucks, commercial vehicles, and private cars has raised alarm among motorists and industry observers. In …
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In the NewsMarketsOil & Gas
Dangote Petroleum Cuts Petrol Prices, Launches Direct Distribution Nationwide
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 …
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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 …