TotalEnergies has signed four Production Sharing Contracts (PSC) for exploration blocks in Liberia. Awarded to the company following the conclusion of Liberia’s 2024 Direct Negotiation Licensing...
Dangote Petroleum Refinery has said that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of N1.505 trillion to enable members...
In the global commodity market, the prices of crude oil rose on Tuesday as markets remained on edge, driven by mounting risks to energy infrastructure from...
African Export-Import Bank and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed...
Oil prices rose by nearly 2% on Friday after a Ukrainian drone attack on a Russian port suspended loadings, outweighing pressure from oversupply concerns and weaker...
Nigeria Liquefied Natural Gas Limited has highlighted the transformative role of Artificial Intelligence in enhancing operational efficiency, safety, and productivity across its vast gas infrastructure. Olakunle...
Oil prices rose in the global commodities markets on Wednesday due to concerns about potential supply interruptions caused by rising geopolitical tensions in the Middle East...
Nigerian National Petroleum Company Limited (NNPCL) says the country is targeting 60 billion dollars in new investments over the next five to seven years to expand...
A coalition of civil society organizations on Wednesday raised the alarm over what it described as a coordinated smear campaign against the Group Chief Executive Officer...
Angola’s Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo announced that the country’s next licensing round will be opened by Q4, 2025, offering acreage in...
Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organization (APPO) has said that the launch date for the Africa Energy Bank will be finalized...
Top Indian refiner Indian Oil Corp has skipped the purchase of U.S. oil in its latest tender and instead bought 2 million barrels of West African...
The gasoline unit at Nigeria’s 650,000 barrel-per-day Dangote refinery may be shut for 2-3 months for repairs, industry monitor IIR Energy told clients on Thursday, which...
Oil prices fell Thursday as expectations grew that the Organization of the Petroleum Exporting Countries (OPEC) and its allies could agree to raise output at their...
In the global commodity market on Tuesday, prices of crude oil climbed over escalating tensions between Russia and Ukraine renewed supply concerns and markets await signals...