KEY POINTS China’s state-run oil company CNPC has quietly maintained crude exports from Niger’s Agadem oilfield even as negotiations drag on with the country’s military-led government over demands for greater …
featured
-
-
In the NewsOil & Gas
Chevron Reaffirms Commitment to Nigeria’s Gas Push as NNPC Officials Tour Escravos
KEY POINTS Chevron Nigeria Limited has restated its commitment to supporting the Federal Government’s Decade of Gas initiative, underscoring its role as a long-standing partner in Nigeria’s energy transformation drive. …
-
Energy TransitionIn the News
Nigeria Approves N28 Billion Meter Fund to Tackle Electricity Billing Crisis
KEY POINTS Nigeria’s Federal Government has approved the release of N28 billion for electricity distribution companies (DisCos) to procure and install prepaid meters across the country, in a renewed effort …
-
KEY POINTS South Africa’s Cabinet has approved a new board for Eskom Holdings, the state-owned power utility at the heart of the country’s energy recovery plan, while retaining Mteto Nyati …
-
KEY POINTS The Chairman of Libya’s National Oil Corporation, NOC, Masoud Suleiman, has opened talks with a senior delegation from the American oilfield services company Halliburton to explore potential areas …
-
KEY POINTS Nigeria’s upstream oil regulator, NUPRC, expects new field developments to add a significant lift to the nation’s production capacity as the government intensifies efforts to revive investment in …
-
KEY POINTS Egypt’s Petroleum and Mineral Resources Minister, Karim Badawy, has unveiled an ambitious five-year exploration plan that will see the country drill 480 new oil and gas wells at …
-
In the NewsMarketsOil & Gas
Oil Prices Slide as Trade Tensions and Surplus Fears Keep Markets Under Pressure
KEY POINTS Oil prices extended their decline on Wednesday, clinging to five-month lows amid mounting anxiety over a renewed US-China trade spat and forecasts of an impending supply glut that …
-
Energy TransitionIn the News
Nigeria Strikes ₦4 Trillion Deal to Settle Power Sector Debts and Reignite Investor Confidence
KEY POINTS Nigeria’s Federal Government has sealed a landmark agreement with power generation companies, GenCos, and gas suppliers to clear outstanding debts worth about ₦4 trillion, marking one of the …
-
In the News
Shell Greenlights $2 Billion Offshore Gas Project With Sunlink to Boost Nigeria LNG Supply
KEY POINTS Shell Plc has approved a $2 billion offshore gas development in Nigeria, deepening its investment footprint in the West African nation’s energy sector as it pivots further toward …