Oil & Gas

KEY POINTS Africa’s richest man, Aliko Dangote, has revealed plans to build a 650,000-barrel-per-day oil refinery in Kenya, with Mombasa County identified as his preferred location for the massive investment. …

KEY POINTS The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has praised the Federal Government and the Nigerian National Petroleum Company Limited, NNPC Ltd., over a new partnership …

KEY POINTS Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦1,275 to ₦1,350 per litre. The latest adjustment represents about a …

KEY POINTS Shell has reported a strong financial performance, posting adjusted profits of $6.92 billion for the first quarter of 2026, marking its highest quarterly profit in two years. The …

KEY POINTS A coalition of oil sector reform advocates, the Centre for Energy Sector Transparency, has criticised the latest agreement between the Nigerian National Petroleum Company Limited, NNPC Ltd, and …

KEY POINTS Nigeria’s crude oil producers delivered less than half of the volumes allocated to domestic refineries in the first quarter of 2026, raising concerns about the country’s refining ambitions. …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has revealed that Nigeria’s domestic refineries, including the Dangote Refinery and others, received only between 36 and 46 percent of their …

KEY POINTS Petroleum marketers in Nigeria have hinted that petrol prices may drop soon, following fresh efforts by the Nigerian National Petroleum Company Limited, NNPCL, to restart key local refineries. …

KEY POINTS The government of Egypt has raised natural gas prices for several industries as part of efforts to manage rising energy costs. The decision, announced through a prime ministerial …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has announced that the Dangote Petroleum Refinery will begin publishing aviation fuel prices on a daily basis. According to …