Oil & Gas
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ExxonMobil explores more acquisitions to deepen LNG presence in Asia
International oil Major, Exxon Mobil Corp. is considering more acquisition targets, including Australia’s Woodside Energy Group, as the US giant…
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Nigeria reaffirms commitment to hit 2m barrels daily oil production in 2 years
The Nigerian National Petroleum Company Limited (NNPCL) has expressed its determination to meet a targeted two million barrels a day…
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Petroleum marketers want reduction on domestic petrol price
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on refiners, depot owners, and petroleum products importers…
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Vitol supplies emergency fuel to Zambia in IMF-opposed deal
Vitol Group is supplying diesel to Zambia via exclusive access to a pipeline that lasts through September, in an emergency…
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As OPEC+ meets, Iran war still impedes change in oil market – Report
As OPEC+ ministers met on Sunday to weigh higher production quotas in a bid to cap surging oil prices since…
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Algeria commences construction on $13bn Trans-Saharan gas pipeline
The Trans-Saharan Gas Pipeline (TSGP), which is expected to take gas volume from Nigeria, is gaining momentum as Algeria officially…
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S’Africa’s Port Authority signs deal for regasification project
South Africa’s Transnet National Ports Authority (TNPA) has signed a 25- year terminal agreement with Ukwanda LNG for a regasification…
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Dangote Refinery slashes pretrol price to N1,250, diesel to N1,700
Dangote Petroleum Refinery has reduced the prices of the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil…
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Oil & gas prices will remain high till end of 2027, EU warns
Officials of the European Union (EU) have warned that prices of oil and gas could remain high through at least…
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Nigeria losing industrial growth by exporting jobs under petrol import regime – Yusuf
Public affairs analyst, Dr. Muda Yusuf has posited that Nigeria has continued to mortgage its future by not investing in…
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