KEY POINTS Oyo State Governor and Allied Peoples Movement (APM) presidential candidate, Seyi Makinde, has called for a change in the way Nigerians debate the removal of petrol subsidy, arguing …
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In the NewsOil & Gas
Dangote Refinery IPO to Open Within 10 Days as IEA Targets Doubling Nigeria’s Energy Investment
KEY POINTS The Initial Public Offering, IPO, of the Dangote Petroleum Refinery is expected to open within the next 10 to 12 days, marking a major step towards broadening ownership …
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KEY POINTS Oando Energy Resources, the upstream subsidiary of Oando PLC, has called for stronger collaboration among governments, regulators, oil and gas companies and host communities to unlock investment and …
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KEY POINTS Italian energy company Eni has signed a new agreement with Venezuela’s state-owned oil company, PDVSA, to take operatorship of the Junin 5 oil field in the country’s Orinoco …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, recorded a significant decline in revenue in July 2026 as lower crude oil production and operational disruptions affected its financial performance. …
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KEY POINTS Shell Offshore, a subsidiary of global energy major Shell, is set to acquire a 30 per cent stake in the Conifer exploration prospect in the Gulf of Mexico …
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KEY POINTS South Africa’s state-owned power utility, Eskom, has reported a sharp increase in profits, marking its second consecutive profitable year after nearly a decade of financial losses. The utility …
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KEY POINTS The Dangote Petroleum Refinery has moved to restrict the sale of Premium Motor Spirit (PMS), commonly known as petrol, to six major oil marketers that currently hold active …
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KEY POINTS The price of cooking gas has dropped by 39 per cent across Nigeria, offering some relief to households following an increase in the supply of Liquefied Petroleum Gas, …
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ExxonMobil has commenced a major investment in science, technology, engineering and mathematics (STEM) education in Guyana, with the launch of a programme designed to strengthen the country’s future workforce. The …