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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 …

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. …

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 …

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 …

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 …

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, …

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 …

KEY POINTS Italian energy giant Eni has rejected reports that it asked Libya to increase natural gas supplies to Italy by 20%, saying the document used to support the claim …

KEY POINTS Dangote Petroleum Refinery is considering restricting petrol supplies to major oil marketers that continue to import Premium Motor Spirit (PMS) into Nigeria, amid growing concerns over fuel quality, …

KEY POINTS Fourteen municipalities across South Africa are facing the possibility of electricity supply interruptions after failing to conclude Distribution Agency Agreements (DAAs) with Eskom ahead of a September 1 …