We are delighted to announce a significant achievement in our compliance with the Petroleum Industry Act (PIA) and our commitment to our host communities. Elcrest marked the successful formal inauguration of the ABAJAJ Host Community Development Trust (HCDT). This three-day event completed the establishment of the entire governance structure for the Trust, including: The Board […]
The International Energy Agency sees new US tariffs dragging on global oil demand in 2025, it said March 13, warning that macroeconomic pressure could outweigh the stimulus effects of softer oil prices. In its latest monthly oil market report, the global energy watchdog projected world oil supply to outstrip demand by 600,000 b/d in 2025, […]
Dangote refinery is a game changer for West African, Atlantic Basin product balances The Dangote refinery is one of the most important downstream projects of the last decade globally. It is one of the largest ever built and stands out against the trend of refinery closures on the African continent. The startup of […]
