In response to ongoing tensions with fuel distributors, Dangote Petroleum Refinery and Petrochemicals Limited has halted direct sales at its terminal as of September 18, 2025. The move is intended to streamline distribution by prioritizing the refinery’s own free delivery program. A Strategic Decision for More Efficient Distribution The refinery… +
Following a $100 billion, four-year energy agreement between South Korea and the United States, Nigeria could see its oil exports to Asia weaken. The deal, concluded during a state visit by the South Korean president, reinforces an already established trend: South Korea, already the largest Asian buyer of U.S. crude,… +
TotalEnergies has obtained a new exploration permit for a deepwater area off the coast of the Republic of Congo. This new block, called Nzombo, covers 1,000 km² and is located 100 km from Pointe-Noire, near the existing Moho facilities. The French oil company will operate the project with a 50%… +
Faced with development imperatives, Africa continues to prioritize fossil fuels despite promises of energy transition and the urgency of climate change. Oil, in particular, remains at the heart of the continent’s economic strategies, as reflected in the sharp increase in refining capacity expected by 2030. This orientation contrasts with the… +
The financing alleviates initial operational expenditures and enhances DIL’s balance sheet, supporting its continued growth trajectory African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately US$4 billion… +
With our LPG production of 2,500 tons per day, we’re working to encourage more homes to increase the LPG consumption frica’s richest man, Aliko Dangote, has announced that Nigerians will soon have the opportunity to own shares in his multibillion-dollar refinery, a move aimed at expanding local participation in the… +
The African Energy Chamber and S&P Global Commodity Insights will host a critical workshop at African Energy Week 2025: Invest in African Energies examining how the Dangote Refinery is reshaping West Africa’s refining landscape, regional supply dynamics and crude demand The historic commencement of operations at the 650,000 barrels-per-day Dangote… +
bp South Africa has joined the 2025 edition of the African Energy Week: Invest in African Energies conference – taking place on September 29–October 3 in Cape Town – as a Platinum Partner bp South Africa – a subsidiary of global energy major bp – is undergoing a strategic transformation… +
The British mining company Resolute Mining, which operates in Senegal and Mali, has made a significant discovery of a gold mine in Doropo, in the northern part of the country, with a production capacity exceeding 100 tons. Resolute Mining’s CEO, Chris Eger, who announced the discovery to Prime Minister Robert… +
By NJ Ayuk, Executive Chairman, African Energy Chamber Several years ago, the African energy industry was in survival mode. The COVID-19 pandemic had practically eliminated demand for crude oil, and African exports dropped sharply. That’s why — though many African states are still feeling the wounds inflicted by COVID —… +
