KEY POINTS NNPC Gas Marketing Limited’s sudden increase in Compressed Natural Gas, CNG, prices for trucks, commercial vehicles, and private cars has raised alarm among motorists and industry observers. In …
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In the NewsMarketsOil & Gas
Dangote Petroleum Cuts Petrol Prices, Launches Direct Distribution Nationwide
KEY POINTS Dangote Petroleum Refinery announced a landmark reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, and unveiled plans to begin direct distribution to filling …
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KEY POINTS Egypt used the Gastech 2025 conference in Milan this week to deepen ties with global energy heavyweights, with Petroleum Minister Karim Badawi meeting senior executives from Chevron, Eni, …
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KEY POINTS South Africa’s energy regulator admitted to Parliament this week that it made a multi-billion-rand blunder in calculating Eskom’s allowable revenue, a mistake that could saddle households and businesses …
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KEY POINTS ExxonMobil Corp. is moving into the fast-growing synthetic graphite business with the acquisition of Superior Graphite’s U.S. assets and select international operations, in a bid to position itself …
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KEY POINTS Nigeria’s anti-graft agency has questioned Mele Kyari, the immediate past chief executive of Nigerian National Petroleum Company Ltd., NNPCL, as part of a widening investigation into alleged multibillion-dollar …
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Energy TransitionIn the NewsOil & Gas
Chevron Expands Israeli Gas, US LNG Supplies to Egypt Amid Surging Demand
KEY POINTS Chevron Corp. is ramping up natural gas flows from Israel and shipping liquefied natural gas from the United States to Egypt, a move underscoring the North African nation’s …
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KEY POINTS Egypt’s efforts to increase gas production and draw in foreign investment for its energy sector have entered a new phase with the signing of a preliminary agreement with …
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KEY POINTS Since the country’s powerful oil workers’ union, threatened a nationwide strike over the refinery’s proposal to use 4,000 trucks powered by compressed natural gas for fuel distribution, Nigerians …
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KEY POINTS Ethiopia has formally launched the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric dam, pressing ahead with an ambitious $5 billion undertaking that promises power for millions while …