Uncategorized

Dangote refinery makes first US gasoline delivery

Jude Owuamannam September 18, 2025

Nigeria In a significant milestone for global energy markets, Nigeria’s massive Dangote refinery has successfully exported its first shipment of gasoline to the United States, with commodities giant Vitol and North American distributor Sunoco taking delivery this week—marking a new chapter in

Business

South Africa grants long-term leases to oil majors at key Durban fuel hub

Andrew Mbeki September 17, 2025

South Africa South Africa has granted oil majors and traders, including BP (BP.L), opens new tab  and Vitol, extended access at its main petrochemical hub, ending years of wrangling over short-term leases that threatened investment and supply security, the national fuels body said. Transport Minister Barbara Creecy extended the lease agreements at the Island View Precinct

News

South African court blocks oil firm offshore exploration

Andrew Mbeki August 15, 2025

South Africa A setback for French energy giant TotalEnergies after a South African court on Wednesday blocked its offshore oil exploration project off the Cape coast. The judge effectively annulled the environmental authorisations granted to the company and its joint venture partner, Shell, to exploit an offshore area of approximately 10,000 km². He found that […]

News

Nigerians questions oil managing coy over missing N210 trillion

Dooyum Naadzenga August 3, 2025

Nigeria  Nigeria’s oil wealth, managed by the Nigerian National Petroleum Company Limited (NNPCL), has been rocked by a staggering scandal involving N210 trillion unaccounted for over the six years from 2017 to 2023.  The figure emerged from a forensic audit scrutinized by the Senate Committee on Public Accounts in June 2025, triggering a fierce political […]