Dangote refinery reduces ex-depot price of petrol to N825 per litre, a N65 per litre cut, to ease financial burden on Nigerians and support economic recovery initiatives.
Africa accounts for 35% of new oil discoveries in 2024, up from 7% in 2023, with frontier and immature basins driving exploration activity.
Dangote Petroleum Refinery announces plans to refund customers who purchased petrol at higher prices than advertised rates, ensuring fairness and promoting affordable fuel in Nigeria.
Nigerian National Petroleum Company Limited reduces petrol price to N860/litre, sparking a price war with Dangote Petroleum Refinery and other industry players, bringing relief to consumers.
Dangote Refinery, Africa's largest oil refinery, has made its first purchase of 1 million barrels of Algeria's light sweet Saharan Blend crude, marking a significant step towards reducing Nigeria's fuel imports and lowering prices.
Seplat Energy plans to invest $320 million in drilling new wells and upgrading infrastructure to boost oil production, aiming to double its output to 140,000 barrels per day.
Dangote Refinery partners with Optima Energy to strengthen its fuel distribution network, aiming to ensure widespread availability and affordability of petrol across Nigeria.
Ethiopia achieves remarkable milestone in renewable energy, with 90% of installed generation capacity coming from hydropower, and plans to electrify rural areas using solar, wind, and solar-powered irrigation.
The US-Canada tariff dispute could lead to higher uranium prices, impacting the nuclear energy industry and data centers, with implications for energy dominance and national security.
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