oil and gas

The Dangote Group has signed a $400 million equipment supply agreement with XCMG Construction Machinery Company Limited to speed up the expansion of the Dangote Petroleum Refinery & Petrochemicals.The partnership will support the refinery’s planned scale-up from 650,000 barrels...

Africa forfeits about $15 billion every year by exporting most of its crude oil and natural gas instead of refining and processing them locally, the African Petroleum Producers Organisation (APPO) has said. APPO Secretary-General Farid Ghazali disclosed this at the...