oil industry

KEY POINTS Sudan’s once-critical oil sector is edging closer to outright breakdown as the conflict between the army and the Rapid Support Forces, RSF, continues to engulf vital energy hubs …

KEY POINTS “As reforms and leadership changes start to reposition the industry for global financing, Nigeria’s oil and gas sector is entering a new phase of confidence,” said Tony Attah, …

Climate activists are increasing pressure on oil sands companies to be more transparent about emissions, as silence threatens climate change goals.

Petrobras may issue extraordinary dividends in 2024 if conditions allow, despite a recent net loss. The company remains focused on balancing payouts with future investments.

Tropical Storm Beryl strengthens in the Gulf of Mexico, threatening to become a hurricane and make landfall on the Texas coast. The storm’s path raises concerns about disruptions to the …

The Dangote Refinery is set to revolutionize Nigeria’s oil industry, creating a $21 billion annual market for Nigerian crude and boosting economic growth

Saudi Arabia sets to launch a $10 billion secondary share offering for Aramco this Sunday, aligning with strategic economic transformations and oil market dynamics.

The annual CERAWeek energy conference in Houston, Texas, convened this week, showcasing a shift in focus towards oil industry consolidation, stable oil prices, and the evolving energy landscape.

As renewable energy gains momentum, oil companies are shedding costly assets and focusing on low-cost projects that can survive price swings. The oil industry is facing a year of big …

Africa’s richest man, Aliko Dangote, has revealed that his refinery has obtained a licence to refine more than 300,000 barrels of Nigerian crude oil per day and will begin to …