Fuel prices in Nigeria hit record high in March
The cost of Nigerian premium motor spirits rose by 0.2% month over month (m/m) in March, further narrowing the gap with market prices (unsubsidised fuel prices)
Industry
Perenco, BW Energy galvanising Gabon's hydrocarbons sector
Even among oil-rich nations, the extent to which hydrocarbons has fueled the Gabonese economy throughout its independent history is exceptional
DNV signs MOU with Egyptian General Petroleum Corporation on targeting net zero goals
DNV, the independent energy expert and assurance provider, strengthened its commitment to tackling climate change through a Memorandum of Understanding (MoU) made with the Egyptian General Petroleum Corporation (EGPC) to support their effort to set science-based targets for their net zero goals
Algeria, among OPEC+ countries, to cut production by 1.15 mn bpd
Some OPEC+ countries have surprised markets with a voluntary cut of 1.15 mn barrels per day (bpd) causing oil prices to rise and feeding inflationary fears
NOC Libya and Honeywell hold talks on South Refinery project
The National Oil Corporation of Libya headquarters organised a meeting between the NOC chairman, Farhat Ben Gdara, and Khaled Hashem, the regional director of Honeywell
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