The Dangote Refinery in Lagos has emerged as a key player in global energy markets as its exports significantly increase US jet fuel imports. In March 2025 alone, six vessels …
Oil and Gas
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BusinessBusiness and EconomyEnergyNigeriaTrade and CommerceWestern Africa
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AfricaAFRICA NEWSNigeria
Nigerian business mogul Ernest Azudialu-Obiejesi orders $76-million luxury jet
by Editorby EditorNigerian energy mogul Ernest Azudialu-Obiejesi is poised to solidify his status as a prominent player in the international business arena with the imminent acquisition of a $76-million Gulfstream G-700 jet …
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Oil prices saw a significant surge on Monday morning ahead of the Bank of England (BoE) meeting this week, where it was suggested that this rate hike might be the …
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AFRICA NEWSBusiness and EconomyEconomyOil & Gas
Namibia has the potential to become one of the leading oil producers by the year 2035.
by Editorby EditorThe Prime Minister Hon Saara Kuugongelwa-Amadhila on Wednesday reaffirmed the government’s commitment to socioeconomic development and environmental stewardship, following the discovery of two light crude oil discoveries in Namibia in …
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EconomyKenya NewsOil & Gas
Kenya fails to strike deposits of oil and gas in the disputed area claimed by Somalia
Kenya has failed to strike oil and gas deposits in the coastal strip that has for years been at the Centre of an international border dispute with neighboring Somalia. Seismic …
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AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
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BusinessBusiness InsightsBusiness PoliciesEnergyNigeriaOil & GasWestern Africa
FG retrieves N600 billion from oil and gas companies operating in Nigeria
Federal Government recovers N600 billion from oil and gas companies operating in Nigeria according to reports from the Nigeria Extractive Industries Transparency Initiative (NEITI) audit. This, according to Punch, is …
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AfricaAFRICA NEWSBusinessEnergyGhanaNewsOil & GasWestern Africa
Ghanaian government to conduct roadshow for oil and gas fields to attract investors
The Ghanaian government has announced plans to conduct roadshows in some major oil and gas countries to expose investors to the heavy potential of petrochemicals in Ghana’s shores. The move …
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Eastern AfricaEconomyOil & Gas
Kenya’s Oil traders will receive Sh24.5 billion while fuel prices remain unchanged
The State will pay oil marketers an estimated Sh24 billion in the largest monthly fuel subsidy to keep pump prices unchanged and ease public anger over the rising cost of …
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AfricaBusinessEnergyNewsNigeriaOil & GasWestern Africa
Buhari approves Seplat Energy acquisition of $ 1.283bn Mobil assets
The Federal Government of Nigeria has presented a letter of consent to Seplat Energy Offshore Limited, a subsidiary of Seplat Energy, for the cash acquisition of the entire share capital of Mobil …