KEY POINTS Fuel queues have returned to Nigeria’s biggest cities, Lagos and Abuja, ending months of relative stability in the country’s volatile downstream market. Motorists spent hours searching for petrol …
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KEY POINTS South Africa’s troubled but indispensable coal fleet has reached a new milestone. Eskom Holdings SOC Ltd. said Thursday it had commissioned the sixth and final unit of the …
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In the NewsOil & Gas
TotalEnergies Brings New Partner Into Denmark’s Flagship CO₂ Storage Project
KEY POINTS TotalEnergies SE is drawing a new partner into Denmark’s most ambitious carbon capture and storage (CCS) project, a step that underscores how Europe’s aging offshore oil and gas …
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In the NewsOil & Gas
Nigeria Boosts Dangote Refinery Crude Supply to Shield Economy as Oil Prices Soften
KEY POINTS Nigeria is leaning more heavily on its massive Dangote Refinery to buffer the economy from sliding oil prices and mounting supply in global markets, extending crude supply commitments …
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KEY POINTS Nigeria’s most powerful oil union has agreed to call off a strike that threatened to upend fuel supply in West Africa, after government officials stepped in to mediate …
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KEY POINTS Italian oil and gas major Eni SpA is preparing to sign off on a long-awaited final investment decision (FID) for Mozambique’s Coral North liquefied natural gas project, setting …
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KEY POINTS The Dangote Group has agreed to redeploy more than 800 workers dismissed by its flagship petroleum refinery after days of high-stakes talks with Nigeria’s powerful oil workers’ union …
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In the NewsOil & Gas
Dangote Refinery, PENGASSAN Talks Collapse After Nine Hours; Talks Resume at 2 p.m
KEY POINTS Nigeria’s attempt to broker peace between the Dangote Petroleum Refinery and one of the country’s most powerful oil unions ended without a deal after nine hours of negotiations, …
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Energy TransitionIn the News
Eni Commits $8 Billion to Egypt’s Energy Push in Five-Year Investment Drive
KEY POINTS Italian energy major Eni SpA has unveiled plans to channel $8 billion into Egypt’s oil and gas sector over the next five years, reaffirming its central role in …
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Energy TransitionIn the NewsOil & Gas
Equatorial Guinea Strikes $690 Million Chevron Deal to Boost LNG Output
KEY POINTS Equatorial Guinea has signed a landmark agreement with US energy major Chevron to kickstart the Aseng Gas Project, a $690 million development aimed at securing feedstock for the …