Chevron to Conduct Seabed Survey for Cyprus-Egypt Pipeline
Chevron has announced plans to conduct a seabed survey in the eastern Mediterranean as part of developing a pipeline to…
Nigeria Reaffirms Commitment to Naira-Crude Policy for Local Refineries
The Nigerian Federal Government and key industry stakeholders have reaffirmed their commitment to fully implementing the Naira-Crude sale policy, considering…
Mozambique Approves ENI’s $7Billion Plan for Second FLNG
The government of Mozambique has approved ENI’s plan to invest $7.2 billion on the Coral Norte Floating LNG project, which…
DANGOTE REFINERY SLASHES PETROL PRICE, RESUMES NAIRA SALES
The Dangote Refinery has resumed sales of petrol in naira, cutting the gantry price to N865/litre, down from N880. This…
NIGERIA SECURES N400 BILLION DEAL TO BOOST GAS EXPORT CAPACITY
A bold step in Nigeria’s gas revolution! Temile Development Company has inked a N400 billion ($250M+) contract with Hyundai Heavy…
SOUTH AFRICA’S NEW OIL GIANT SANPC OFFICIALLY GOES LIVE
South Africa’s energy landscape just shifted! The South African National Petroleum Company (SANPC) has officially launched operations under the Central…
BREAKING: AFRICAN BANKS POWER $5B EACOP PIPELINE CONSTRUCTION SURGE
In a game-changing move, African lenders have taken the lead in financing the East African Crude Oil Pipeline (EACOP), unlocking…
ADES STRIKES GOLD: $470M Jackup Rig Deals Secured in Saudi Arabia and Egypt
ADES Holding Company has announced contract renewals and extensions worth approximately $470 million for its offshore jackup rigs in Saudi…
DANGOTE GOES GLOBAL: Nigerian Refinery Giant Begins Exporting to Four Continents
Africa’s largest refinery has officially launched international exports of refined petroleum products to markets across Africa, Europe, the Americas, and…
GLOBAL PIPELINE: Vallourec Secures $250M OCTG Deal with Algeria’s Energy Giant
French tubular solutions powerhouse Vallourec has landed a major $250 million contract to supply oil country tubular goods (OCTG) to…
BREAKING: MOZAMBIQUE-ZIMBABWE PIPELINE TO BOOST REGIONAL FUEL SUPPLY BY 67% BY 2027
The Mozambique-Zimbabwe fuel corridor is getting a major upgrade! Companhia do Pipeline Moçambique-Zimbabwe (CPMZ) has announced plans to expand its…
BREAKING: OIL PRICES CRASH BELOW $60: NIGERIA’S ECONOMY ON THE BRINK AS BUDGET PROJECTIONS COLLAPSE
Nigeria is staring down the barrel of another economic crisis as global oil prices plummet to levels last seen during…
BREAKING: FG DECLARES NAIRA-FOR-CRUDE DEAL WITH DANGOTE REFINERY WILL CONTINUE INDEFINITELY
In a bold move to stabilize the local energy market and reduce dependence on foreign exchange, the Nigerian government has…
BREAKING: LIBYA’S INDUSTRIAL REVIVAL: MAJOR METHANOL PLANT BACK ONLINE AFTER 7-YEAR HIATUS
Libya resumed oil production at the Mabruk field after a 10-year halt, starting at 5,000 barrels per day and planning…
BREAKING: SPIE GLOBAL SERVICES ENERGY WINS FIVE-YEAR MAINTENANCE CONTRACT FOR ANGOLA’S OFFSHORE OIL BLOCKS
Within the frame of this contract, SPIE Oil & Gas Services will have permanent teams on each FPSO as well…
BREAKING NEWS: NIGERIA’S PAYHIPPO REBRANDS ASRIVY, SECURES $4M TO CHAMPION CLEAN ENERGYFINANCING ACROSS AFRICA
Payhippo, a Nigerian fintech that formerly provided SME loans, has rebranded as Rivy and raised $4 million in a pre-Series…
Happy Birthday Prince Olusegun Ilori Esq.
Today, we celebrate not just your age, but the impact of your life Sir. You’ve been a father, mentor, and…
Nigerian Troops Cracking Down on Oil Theft in the Niger Delta
In a determined effort to stem the tide of oil theft in Nigeria’s oil-rich Niger Delta, military forces have executed…
Challenges in Lowering Fuel Prices in Nigeria Despite Falling Crude Costs
Even though global crude prices have dropped—recently reaching levels around $64 per barrel for Brent and $59.7 for WTI—Nigerians continue…
Ivorian Refining Company SIR Launches Energy Transition Strategy
The Société Ivoirienne de Raffinage (SIR), Ivory Coast’s principal oil refinery operator, has announced that it will initiate an energy…