Oil & Gas

KEY POINTS The Petroleum Products Retail Outlets Association of Nigeria, PETROAN, has directed its members across the country to immediately inspect their fuel dispensing meters following concerns raised by the …

KEY POINTS Libya’s National Oil Corporation says production at the Al-Charara oil field has declined after an armed group shut a pipeline valve, disrupting crude flows to the Zawiya terminal. …

KEY POINTS Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit, commonly known as petrol, from ₦1,350 to ₦1,325 per litre following a decline in global crude …

KEY POINTS Shell has completed the sale of its interests in the Na Kika platform and related fields, as well as its full ownership of the Coulomb tieback in the …

KEY POINTS Kenya is preparing to break ground on a proposed 700,000-barrel-per-day refinery in Lamu, a multibillion-dollar project being developed with Nigerian industrialist Aliko Dangote. Kenyan President William Ruto announced …

KEY POINTS BP CEO Meg O’Neill says the oil major needs to make more disciplined investment decisions and strengthen investor confidence as she marks her first 100 days in the …

KEY POINTS Chevron plans to sharply increase its oil and gas exploration activity next year as it overhauls its exploration strategy and seeks to improve its record of finding new …

KEY POINTS QatarEnergy has warned that the ongoing crisis around the Strait of Hormuz could delay some of its major expansion projects, as critical equipment needed for development work remains …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, has begun rolling out a technology-driven approach to fuel retailing with the commissioning of its first Smart Self-Service Station in …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has completed the basic engineering work for the next phase of its expansion, putting the company on course to raise the refinery’s capacity …