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CB&I and AG&P Industrial achieve first-of-its-kind milestone

CB&I and its client, AG&P Industrial, have completed and commissioned two 60 000 m3 full containment LNG storage tanks at the LNGPH Ilijan LNG...

Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal

Australia’s energy player Santos is stepping up its liquefied natural gas (LNG) push in Asia through a long-term supply deal with South Korea’s POSCO...

CBN bags NES Award for economic reforms

The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s (NES) Distinguished Organisation Award in recognition of its institutional reforms and contributions...

Lagos ports handle 84.6% of Nigeria’s N41.4trn trade

Lagos ports handled an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of...

Refinery: Our N2.2trn IPO’ll democratise wealth creation —Dangote

Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has said the Initial Public Offering, IPO, of Dangote Petroleum Refinery and...

DHT Holdings inks three-year VLCC charter at six figure rate

NYSE-listed DHT Holdings has locked in a three-year charter one of its VLCCs in a red hot tanker market. The 2016-built DHT Panther has been...

Oil rally lifts Nigeria’s exports as security improves

Crude oil remained Nigeria’s largest single export commodity in the second quarter of 2026, generating N12.91tn and accounting for 47.79 per cent of the...

FG raises N729bn bond to settle GenCos’ debts

The Federal Government has raised N728.979bn through the second issuance under its N4tn Power Sector Multi-Instrument Issuance Programme, bringing the value of bonds issued...

Saipem picks up $350 million subsea job offshore Angola

Italy’s engineering, drilling, and construction services company Saipem has won a roughly $350 million deal with Azule Energy, a joint venture between Italy’s Eni...

Shell and MET Group pen new multi-year US LNG supply deal

MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and UK-headquartered energy giant Shell have struck a long-term liquefied...

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