[Daba Finance] SMB, the Abidjan bitumen refiner, saw profit fall 45% in the first quarter of 2026 to 1.49 billion FCFA ($2.7 million) from 2.71 billion FCFA ($4.9 million) a year earlier -- a result shaped by two distinct events that arrived simultaneously and reinforced each other.
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[Liberian Observer] In November last year, excitement swept through Beon and neighboring towns in Grand Bassa County after residents discovered a thick, black substance floating on the river--a find many locally believe to be crude oil.
[Vanguard] The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with two Chinese companies for a Technical Equity Partnership (TEP) to support completion and operation of Port Harcourt and Warri Refineries.
[Leadership] The Nigerian National Petroleum Company Limited (NNPC) has signed a Memorandum of Understanding (MoU) with Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd for a potential Technical Equity Partnership to complete, operate, and upgrade the Port Harcourt and Warri Refineries.
[Premium Times] The Nigerian National Petroleum Company (NNPC) Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms as part of efforts to restart and expand the Port Harcourt and Warri refineries through a potential technical equity partnership.
[Capital FM] Nairobi -- President William Ruto has explained his announcement on the proposed construction of a regional oil refinery in Tanga, saying the plan is part of a broader strategy to accelerate industrialization across East Africa using locally available resources.
[Daily Trust] The Nigerian National Petroleum Company Limited (NNPCL) has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd, for potential Technical Equity Partnership (TEP) in support of the completion and operation of the Port Harcourt and Warri Refineries.
[Vanguard] The Nigerian Navy has intensified its crackdown on crude oil theft in the Niger Delta, dismantling illegal refining camps and disrupting oil theft networks in Rivers and Bayelsa states.
[This Day] . Dangote Group dismisses false claims on refinery financing, rift with Elumelu
[Leadership] The Organization of Petroleum Exporting Countries (OPEC) is considering raising production for June.
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