News

Western oil companies like Shell, Exxon Mobil, Eni, and Equinor have ... Aliko Dangote, the billionaire Nigerian businessman who has spearheaded the refinery’s construction and development ...
The announcement of the shutdown of the Port Harcourt Refining Company (PHRC) otherwise known as Port Harcourt Refinery by the Nigerian National Petroleum Company Limited (NNPCL) has continued to ...
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Nigeria’s oil industry
The ownership structure of the Nigeria Liquefied Natural Gas Limited, which sees the NNPC owning 49 per cent of the shares and Shell, 25.6 per cent, Total, 15 per cent and Eni, 10.4 per cent ...
Following a transformative year marked by a landmark Nigerian acquisition and entry into Angola's upstream sector, Jubril Adewale Tin ...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that the Port Harcourt Refining Company (PHRC) will ...
Dublin, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The "Nigeria Midstream & Downstream Oil & Gas Market Outlook: Supply & Demand of Oil, Gas, Gasoline, Diesel, Fuel Oil, Future Investments, Projects ...
The private refinery also clashed with the Nigerian Midstream and Downstream ... ExxonMobil, and Eni sold off their stakes in onshore oil fields to local companies and indigenous players.
Agip, a unit of Eni, wins appeal in the long-running OPL 245 dispute. • Nigerian court rules Malabu’s claim was filed too late to proceed. • Verdict bolsters Agip’s legal position on the oil block, ...
The weak outlook for refining profitability translates into a significant headwind for companies like TotalEnergies TTE, Eni SpA E and PBF ... the world’s largest oil importer, where the ...
Eni reported $1.6 billion in adjusted net income attributable to shareholders, down 11 percent from the same three-month period a year ago as oil prices ... in 2024 in Nigeria, Alaska, Congo ...
The figures were helped by more stable gas prices, robust crude oil realisations and better refining margins, which helped offset lagging chemical chemical products' margins. Eni chief executive ...