French energy giant TotalEnergies has completed its withdrawal from Russia’s Arctic LNG 2 project, ending its ownership stake in the major gas development after Western sanctions disrupted the project following
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Italian energy giant ENI has reported a sharp increase in second-quarter earnings, posting a fivefold rise in profit as higher global oil prices and stronger production lifted its financial performance.
Iraq has renewed its push for a larger oil production quota within OPEC, arguing that years of conflict, sanctions, and the recent Middle East war have significantly damaged its energy
Aliko Dangote has revealed that the Nigerian National Petroleum Company (NNPC) sought to acquire additional shares in the multi-billion-dollar Dangote Refinery, but the request was rejected as the company prepares
Nigeria’s push to revive its long-dormant refining capacity has taken a major step forward as the Nigerian National Petroleum Company Limited (NNPC Ltd) signs a strategic agreement with Chinese firms
Relief may be on the way for Nigerian consumers as the Dangote Refinery cuts the price of petrol, reversing a recent increase that had pushed costs higher across the market.