Oil and Gas
South Africa eyes BRICS partners to build new $10bn refinery
South Africa wants the national oil companies of its BRICS partners to help build a new 400,000 barrel per day…
Oil trades above $56 after surging on Saudi cut-extension plea
Oil held above $56 a barrel after surging the most in almost two weeks as Saudi Arabia’s energy minister said…
NNPC, Chevron sign $1.7bn crude, gas production deal
Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement…
Oil exploration in Nigeria’s north east, for good of the country, says oil minister
Ibe Kachikwu, Nigeria's minister of state for petroleum, said oil exploration in the North East is for the good of…
Egyptian Refining Co.’s $3.7bn plant to start operation in September 2018
Egyptian Refining Co.’s new $3.7 billion processing plant will begin operations in September 2018 and save the government some $300…
NNPC pledges support for indigenous participation in Nigeria’s oil industry
The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and Gas…
