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Latest oil News

BRICS Interested in Russian Energy Despite Sanctions, Says Deputy Energy Minister

Moscow, Russia –BRICS nations are demonstrating growing interest in Russian energy exports,…

Oando Acquires Nigerian Agip Oil from Italia’s Eni in $783 Million Deal

Nigeria has one of the largest oil reserves in Africa, estimated at…

Senegal Establishes Expert Commission to Examine Contracts for Oil and Gas

In June, Senegal officially joined the ranks of oil-producing nations with the…

Dangote Proposes Selling $20 Billion Worth of His Refinery to NNPC in Face of Ongoing Challenges

Last Friday, the director of the Nigerian Midstream and Downstream Regulatory Authority…

Multinationals Accused of Undermining Nigeria’s Dangote Refinery Operations

In mid-May, Aliko Dangote, Chairman of the Dangote Group asserted at the…

Niger Shuts Down Pipeline Transporting Its Oil to Port of Seme in Benin

This decision came shortly after the arrest in Benin of five Nigeriens…

Nigeria Will Stop Fuel Imports by June and Fertilizer Imports in Three to Four Years, Dangote Says

On February 29, gang violence erupted in the downtown area of Haiti's…

Nigeria’s Dangote Oil Refinery Begins Selling Petroleum Products to Domestic Market, Reports Say

Built at a cost of $20 billion by Nigerian tycoon Aliko Dangote,…