Chief Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, has pledged support of the Federal Government towards ensuring the completion of the 650,000 bpd Dangote Petroleum Refinery during an official visit to the Petrochemical complex, located at the Lekki Free Trade Zone in Lagos, Nigeria

Angola’s president João Gonçalves Lourenço has met Eni CEO Claudio Descalzi met in Luanda to discuss new community development initiatives that would contribute to the carbon neutrality of Eni’s activities in the country

Solo Oil has signed a sale and purchase agreement (SPA) to end its 20 per cent investment in Burj Petroleum Africa Limited (Burj), a company that applied for various undeveloped fields in the 2014 Nigerian Marginal Fields Bid Round

OPEC will need to make deeper supply cuts to keep oil prices above US$60 per bbl, according to 69 per cent of those surveyed in the Gulf Intelligence (GIQ) monthly Energy Market Survey in August

Nigeria is expected to drive the growth of new-built crude distillation (CDU) capacity in the global refinery industry from planned and announced (new-built) projects over the 2019-2023 outlook period