Oil and Gas News
Latest articles and news about Oil and Gas on AXL Media.
Latest Articles
- Aliko Dangote Announces 95,000 New Jobs as Refinery Capacity Expands to 1.4 Million Barrels Daily
Published: Apr 27, 2026
Section: Africa
Dangote Group President Aliko Dangote has revealed that the expansion of the Dangote Refinery will create employment for 95,000 skilled workers at its construction peak. The projec...
- Dangote Refinery Targets $11.5 Billion Global Detergent Market With New Petrochemical Expansion
Published: Apr 22, 2026
Section: Africa
Aliko Dangote is expanding his 650,000-barrel-per-day refinery into the petrochemical sector, partnering with Honeywell to produce ingredients for detergents and cleaning products....
- Omani Investment Bank Launches In Luanda To Anchor Africa Middle East Financial Corridor
Published: Apr 22, 2026
Section: Africa
The African Bank of Oman has officially opened in Angola to facilitate trade and project financing between the Gulf and emerging African markets. Aligned with Oman’s Vision 2040 an...
- Dangote Industries Achieves First Upstream Crude Output as Firm Moves Toward Total Vertical Integration
Published: Apr 21, 2026
Section: Africa
Dangote Petroleum Refinery has successfully recorded its first oil production from its Niger Delta upstream assets, OML 71 and 72. With initial output at 4,500 barrels per day and...
- Government Secures Critical Diesel Reserves with New Marsden Point Storage Agreement
Published: Apr 20, 2026
Section: Companies & Industry
The New Zealand government has finalized a strategic agreement with Channel Infrastructure to significantly bolster the nation’s fuel security. The deal involves the restoration an...
- Shoprite’s Sixty60 Riders Earn R160 Million in Tips as US Targets SA Energy Sector
Published: Apr 19, 2026
Section: Africa
Shoprite’s Sixty60 platform reported that its delivery riders earned R160 million in tips during the latter half of 2025, highlighting the scale of South Africa’s growing on-demand...
- PENGASSAN President Festus Osifo Advocates for Increased Female Representation in Senior Energy Sector Leadership Roles
Published: Apr 16, 2026
Section: Africa
At the third annual PENGASSAN Women Convention in Abuja, union president Festus Osifo called for a transition from female participation to active leadership in the oil and gas indu...
- Nigeria becomes net petrol exporter for first time in decades as Dangote refinery scales up
Published: Apr 16, 2026
Section: Africa
Nigeria achieved a historic milestone in March 2026 by becoming a net exporter of petrol, driven by the massive output of the Dangote Petroleum Refinery. Data reveals that the coun...
- Energia Limited Promotes Oladimeji Bashorun to Chief Executive Officer Position Following Leadership Transition
Published: Apr 15, 2026
Section: Africa
Energia Limited has officially named Oladimeji Bashorun as its new Chief Executive Officer, filling the vacancy left by the departing Chidi Egonu. Previously serving as the company...
- Halliburton Secures Massive YPF Contract to Accelerate Vaca Muerta Fracking
Published: Apr 14, 2026
Section: Companies & Industry
US oil services giant Halliburton has finalized an exclusive, multi-billion-dollar agreement with Argentina’s state-run energy firm YPF to provide comprehensive fracking services....
- Nigerian Insurance Sector Reports Record 47.3% Premium Growth to ₦2.3 Trillion Driven by Oil, Gas, and Annuity Funds
Published: Apr 14, 2026
Section: Africa
The Nigerian insurance industry achieved a significant milestone in 2025, with Gross Premium Written (GPW) surging to ₦2.301 trillion, a 47.3% year-on-year increase. Data from NAIC...
- Investor Rebellion Intensifies as BP Leadership Faces Ouster Threats Over Retreat From Climate Targets
Published: Apr 12, 2026
Section: Companies & Industry
Major institutional investors and proxy advisers have signaled a significant revolt against BP’s board ahead of its annual meeting, specifically targeting chairman Albert Manifold....