Defining the African Energy Narrative.
The Nigerian National Petroleum Company Limited (NNPC Ltd) has defended its decision to select two Chinese companies as potential technical equity partners for the rehabilitation and operation of the Port Harcourt and Warri refineries, saying the firms emerged after a nine-month global selection process. NNPC Group Chief Executive Officer Bayo Ojulari said the company considered […]
The disruption has significantly reduced output from Sharara, Libya’s largest oil field and one of the most important sources of crude production in the country.
The Dangote Group has partnered with Ethiopia and Djibouti to develop a $660 million refined petroleum products pipeline linking the two East African countries. The project, known as the Damarjog-Dewele Oil Terminal and Pipeline Project, was announced at a groundbreaking ceremony in Djibouti on Thursday. The development will comprise a 120-kilometre multiproduct pipeline connecting marine […]
Nigeria’s average daily petrol imports fell by 26 percent to 14.6 million litres in August 2026, down from 19.7 million litres per day recorded in July, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The figures were contained in the authority’s August 2026 State of the Midstream and Downstream Sector […]
The Governor of Edo State, Monday Okpebholo’s attempt to defend Nigeria’s petrol prices by comparing them with those in the United Kingdom may be numerically correct but economically misleading. Okpebholo said Nigerians should consider themselves better off because petrol sells for more than N3,000 per litre in the UK, compared with roughly N1,400 in parts […]
Nigeria’s downstream petroleum regulator has warned fuel station operators nationwide that persistent or serious cases of under-dispensing could lead to the revocation of their operating licences. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Tuesday it had detected incidents of under-dispensing of petroleum products at retail outlets across the country. The authority described […]
The three-month fuel supply deal is expected to save Namibia about US $13.6 million as the government shifts to competitive procurement after ending Vitol’s exclusive arrangement.
Nigeria’s upstream petroleum regulator has given holders of certain oil licences until October 31 to disclose their compliance status and explain delays in meeting approved work commitments, warning that non-performing acreages could face regulatory sanctions. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) issued the directive to holders of petroleum prospecting licences (PPLs) awarded under the […]
Shell and Chevron have signed a preliminary agreement to acquire exploration and production rights over Ghana’s South Deepwater Tano Cape Three Points oil and gas block, giving Accra an early test of whether its push to revive upstream investment can help reverse a sustained decline in crude output. The non-binding memorandum of understanding involves Shell […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) and partners in Oil Mining Lease (OML) 118 have signed agreements to advance the Bonga South West/Aparo (BSWAp) deepwater project towards Final Investment Decision (FID). The agreements were signed on Monday by NNPC and the OML 118 contractor parties, comprising Shell Nigeria Exploration and Production Company Limited […]
