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Africa’s energy independence relies heavily on internal financing. The proposition of an intercontinental bank indicates a move in that direction. However, the project is yet to take off despite declaration of several launch date
Although Ghana produces less oil than many of Africa’s top producers, Nigeria’s mega refinery is betting on its market for crude supply. A closer look reveals why this may be more strategic than it first appears.
In the past weeks, the clash between Dangote and union body, NUPENG, has nearly brought the petroleum industry in Nigeria to a halt. In this article, we explore in details what exactly are the reasons for these disputes.
The mega Dangote refinery has begun the free delivery of his products nationwide. What exactly does this mean for the Nigeria’s downstream sector in details?
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Mourad Adjal, former Sonelgaz chief executive, has been named Algeria’s Minister of Energy and Renewable Energy, as the country looks to bolster hydrocarbons while advancing its renewable push.
The recent feud between Dangote’s refinery and petroleum union group, NUPENG, has taken a new turn even as the former backed out of the agreement to join the group.
A significant 60% of Nigeria’s LNG production currently goes to Portugal and Spain, underscoring Nigeria’s pivotal role as Europe seeks alternatives to Russian energy sources.
Nigeria’s oil and gas sector stands at a crossroads, with investment at the heart of ongoing tax reforms. For investors, this offers reliefs and credits aimed at boosting exploration and drilling in the upstream segment.
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