KEY POINTS A coalition of oil sector reform advocates, the Centre for Energy Sector Transparency, has criticised the latest agreement between the Nigerian National Petroleum Company Limited, NNPC Ltd, and …
featured
-
-
In the NewsMarketsOil & Gas
Nigeria Supplies Less Than Half of Crude Allocations to Local Refineries
KEY POINTS Nigeria’s crude oil producers delivered less than half of the volumes allocated to domestic refineries in the first quarter of 2026, raising concerns about the country’s refining ambitions. …
-
KEY POINTS TotalEnergies has officially started construction on a $300 million solar power project in the Philippines, marking another major expansion of its renewable energy portfolio. The project is being …
-
KEY POINTS Petroleum marketers in Nigeria have hinted that petrol prices may drop soon, following fresh efforts by the Nigerian National Petroleum Company Limited, NNPCL, to restart key local refineries. …
-
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has entered into a new agreement with two Chinese firms in a renewed effort to revive Nigeria’s long-dormant refining assets in …
-
KEY POINTS Nigerian billionaire businessman, Femi Otedola, has denied reports claiming he funded the Dangote Petroleum Refinery, describing the claims as false and misleading. In a post on X (formerly …
-
KEY POINTS Seplat Energy Plc is heading into the second quarter of 2026 with strong production momentum, even before the full return of key assets like the Yoho offshore platform. …
-
KEY POINTS The government of Egypt has raised natural gas prices for several industries as part of efforts to manage rising energy costs. The decision, announced through a prime ministerial …
-
KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has announced that the Dangote Petroleum Refinery will begin publishing aviation fuel prices on a daily basis. According to …
-
KEY POINTS Two of the world’s biggest energy companies, ExxonMobil and Chevron, have reported significant drops in first-quarter profits for 2026, even as global oil prices surged due to supply …