Dangote Fallout: Scotland’s only oil refinery to close next year, 400 jobs to go
Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss of 400 jobs, operator Petroineos has said,…
Congo’s SNPC Seeks $300 Million Bond for Hydrocarbon Expansion
The Republic of Congo’s national oil company, Société Nationale des Pétroles du Congo (SNPC), is raising $300 million through regional…
Mozambique LNG Secures $4.7 Billion US EXIM Bank Loan
A major liquefied natural gas (LNG) project in northern Mozambique has received a long-awaited $4.7 billion direct loan from the…
HyIron Produces Namibia’s First Green Hydrogen
Renewable energy firm HyIron has successfully produced its first batch of green hydrogen at the HyIron Oshivela plant in Namibia.…
Tullow Oil Intensifies Focus on Ghana to Reduce Debt
Tullow Oil Plc has announced plans to maximize production from mature assets in West Africa as part of its strategy…
MODEC Assigns FPSO Revamp Project to Drydocks World
Dubai-based marine and offshore services provider Drydocks World has been selected by Japan’s MODEC Management Services to carry out refurbishment…
Nigeria Faces Risk of Market Isolation Due to Naira-for-Crude Policy, Warns DAPPMA
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has cautioned the Federal Government about the potential economic risks…
Eni Achieves Major Milestone with Ninth LNG Cargo from Republic of Congo
Global energy company Eni has successfully launched its ninth LNG cargo from the Republic of Congo, marking a significant milestone…
CAMEROON AFTER BIYA: WHO WILL SUCCEED AFRICA’S LONGEST‑SERVING LEADER?
Succession tensions threaten stability in Africa’s enduring one-man regime. Paul Biya has ruled Cameroon since 1982, presenting his long tenure…
Nigeria’s Oil Marketers Warn Against Naira-for-Crude Policy
Nigeria’s Depot and Petroleum Products Marketers Association (DAPPMAN) has raised concerns about the country’s naira-for-crude oil policy, warning that it…
U.S. Jet Fuel Imports Surge as Nigeria’s Dangote Refinery Enters Market
The United States is set to receive record-high jet fuel imports in March, driven by increased shipments from Nigeria’s Dangote…
Namibia Restructures Oil Ministry to Boost Efficiency
Namibian President Netumbo Nandi-Ndaitwah has reorganized the country’s oil and gas sector, placing it under direct presidential oversight. The move…
Tullow Oil to Sell Gabonese Assets for $300 Million to State Hydrocarbon Firm
Tullow Oil plc has signed a binding agreement with Gabon Oil Company to sell its subsidiary, Tullow Oil Gabon SA,…
NLNG Reinforces Commitment to Nigeria’s LPG Market Stability
The Nigerian Liquefied Natural Gas (NLNG) Limited is introducing new initiatives aimed at ensuring long-term price stability and sustainability in…
NNPC’s Forward Oil Sales Reach $21.5 Billion, Strain Domestic Supply
A newly obtained document from THISDAY reveals that the Nigerian National Petroleum Company Limited (NNPCL) has accrued $21.565 billion in…
Federal Committee to Decide on Naira-for-Crude Extension
The Federal Government Committee overseeing the sale of crude oil in naira to local refineries is set to deliberate today…
Marketers Shun Dangote Refinery, Opt for Fuel Imports
Despite Dangote Refinery’s confirmation of having billions of litres of fuel available for sale, marketers have opted to import over…
Niger Delta Monarchs Endorse Pipeline Surveillance Contract Renewal, Advocate for Stability in Oil Sector
Abuja – The Association of Niger Delta Monarchs of Nigeria (ANDMON) has publicly endorsed the federal government’s decision to renew…
Trans-Niger Pipeline Explosion: Renaissance Redirects Crude Flow Through Alternative Route
Renaissance Africa Energy Company Limited has implemented a temporary rerouting of crude oil transportation following an explosion and rupture of…
Swedish Firm Renetech Explores Biogas Development in Lagos
Renetech Renewable Energy Technologies, a leading Swedish energy company, has initiated discussions on establishing a biogas plant in Lagos as…