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Nigeria

West African crude diffs stable, awaits Asian tender results

West African crude oil differentials were stable on Monday, as market participants awaited the results of fresh tender activity in Asia. Indonesia’s Pertamina had a...

Delays in Egyptian LNG Unloadings Are Disrupting Gas and Shipping Markets

Delays in unloading LNG cargos at Ain Sokhna in Egypt are exacerbating the shortage of LNG tankers in the Atlantic. Ain Sokhna lies on...

50 oil blocks on offer as Nigeria seeks $10b investment

Nigeria’s upstream regulator on Monday announced the start of its 2025 oil licensing round, offering 50 blocks for bidding as Africa’s biggest crude producer...

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected...

Chinese consumer brands flood into Africa as old investment model fades and exports jump 28%

Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies,...

The International Maritime Organization renews the composition of the council

States elected to be part of the three traditional categories divided based on presence and importance in maritime services and trade. Italy in group...

TotalEnergies sells 40 per cent stake in Nigerian exploration licences to Chevron

TotalEnergies EP Nigeria has signed a farmout agreement to sell a 40 per cent participation interest in the PPL 2000 and PPL 2001 exploration...

TotalEnergies to sell 40% stake in Nigerian offshore licences to Chevron company

TotalEnergies EP Nigeria has signed a farmout agreement with Chevron’s Star Deep Water Petroleum to sell a 40% stake in the PPL 2000 and...

Institutional visit of the Prefect of Livorno to the OLT Offshore LNG Toscana regasification terminal

LIVORNO – Institutional visit to the OLT Offshore LNG Toscana Regasification Terminal (FSRU Toscana) by the Prefect of Livorno, Giancarlo Dionisi. The meeting took place...

Payments app Oobit expands with South Africa launch

Global payments app Oobit has announced its launch in South Africa, allowing users to make purchases at over 100 million Visa-accepting merchants globally by...
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