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Shell And ExxonMobil Are Betting Billions On Nigeria's Deepwater Comeback

Nigeria is trying to rebuild its energy industry from the ground up, not only trying to recover lost crude production, but working to tur…

Source OilPrice AI Summary Updated 1h 27m ago

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Nigeria is trying to rebuild its energy industry from the ground up, not only trying to recover lost crude production, but working to turn itself into Africa’s dominant refining, gas, capital markets and energy export hub. The clearest test is the Dangote Refinery. The 650,000-barrel-per-day plant has already changed Nigeria’s fuel market and is now prepari…

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