Oil & Gas

KEY POINTS As it gets ready to put its second Cabinda refinery online next month, Angola is working harder to connect the growth of its oil infrastructure with the training …

KEY POINTS After-tax earnings for the Nigerian National Petroleum Company Limited, NNPC, fell to ₦185 billion ($126 million) in July from ₦905 billion the month before, marking one of the …

KEY POINTS Libya’s eastern-based parliament is preparing to ratify a gas exploration accord that would give Turkey access to the North African nation’s Mediterranean waters, according to people familiar with …

KEY POINTS In July, Nigeria’s petrol prices slightly decreased, providing little respite to consumers from months of high energy prices that still have a significant impact on household budgets and …

KEY POINTS As ExxonMobil continues to link its long-term presence in Nigeria to larger investments in human capital, the company has recognized its Nigerian affiliates for their contributions to innovation …

KEY POINTS European oil majors are reshaping their portfolios to attract capital for decarbonization projects, as evidenced by Eni SpA’s agreement to sell Global Infrastructure Partners a 49.9% stake in …

KEY POINTS Global fuel trade routes are being redrawn by Nigeria’s $20 billion Dangote refinery, endangering the existence of some of Europe’s most vulnerable plants. Refiners throughout the continent are …

KEY POINTS For two months in a row, Nigeria has maintained OPEC crude production above the 1.5 million barrels per day mark, bolstering its attempts to win back investor trust …

KEY POINTS Another significant step has been taken in the pursuit of liquefied petroleum gas by Nigeria’s state oil company, NNPC, and Sahara Group, its longstanding private partner. Their joint …

KEY POINTS “As reforms and leadership changes start to reposition the industry for global financing, Nigeria’s oil and gas sector is entering a new phase of confidence,” said Tony Attah, …