Oil & Gas
Namibia, Equatorial Guinea Strengthen Energy Relations with Visits to the National Oil Companies
This week, a high-level delegation led by Hon. Tom Alweendo, ...
Uganda and Tanzania renew commitment to secure EACOP
Senior officials from Uganda’s petroleum authority (PAU) and Tanzania’s energy ...
Invictus Energy drilling exploration well in Cabora Bassa
Australian oil and gas company Invictus Energy agrees exploration rights ...
Azule Energy comes to light as Angola’s newest oil and gas producer
Eni and BP have officially established Azule Energy, a new ...
NNPC Ltd launches crude theft Monitoring Apps
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday ...
NNPC, contractors renew production sharing agreements
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and its ...
Apache to increase oil Investments in Egypt
Investments will enhance old wells as well as boosting exploration ...
Mobil-Seplat Deal: Buhari Backs NUPRC on Decline of Ministerial Consent
About 48 hours after granting ministerial consent regarding the N1.283 ...
Buhari approves Seplat’s acquisition of Mobil Nigeria from ExxonMobil
President Muhammadu Buhari has approved Seplat Energy‘s acquisition of the entire ...
Epiroc Secures Order for Drill Rigs in Mauritania
Swedish mining and infrastructure manufacturer Epiroc has announced a $14.7 ...
Buhari unveils NNPC Limited, agency halts FAAC remittances
The Nigerian National Petroleum Company Limited made it clear that ...
Uganda’s executives globetrot to drum up investor appetite for $4b oil refinery
Uganda government officials have been racking up air miles between ...
Petrojet, Taqa sign deals on Equatorial Guinea work
Egypt Minister of Petroleum and Mineral Resources Tarek El Molla ...
Shell to acquire Sprng Energy Group.
Shell Overseas Investment B.V., a wholly-owned subsidiary of Shell plc ...
Tanzania, Oman oil and gas bodies ink deal
The Association of Tanzania Oil and Gas Service Providers (Atogs) ...
Algeria, Nigeria, Niger inks deal for trans-Saharan gas pipeline project
Algeria, Nigeria, and Niger have inked a deal for a ...
Nigeria’s Minister of Petroleum, NNPC Limited Board, NCDMB seek more women paricipation in Oil & Gas
The Nigerian Content Development and Monitoring Board (NCDMB) has called ...
Buhari, Kyari showcase oil, gas investment opportunities in Spain
Malam Mele Kyari, Group Managing Director, NNPC Ltd., has reiterated ...
Woodside Energy selects Wood for FPSO unit development offshore Senegal
Wood has received a contract from Woodside Energy to provide ...
U.S Entrepreneurs, Politicians & Attorneys visit Nigeria’s Nestoil Limited.
A delegation of Entrepreneurs, Politicians and Attorneys from the United ...
Shell Declares $20.1 Billion Profit
Royal Dutch Shell has declared a net profit of $20.1 ...
PIDG company The Emerging Africa Infrastructure Fund backs 40MW Kesses solar project in Kenya with US$35 million loan
The Emerging Africa Infrastructure Fund (EAIF), which is part of ...
Pan Ocean appoints new GMD, Unfolds Succession Plan
Pan Ocean Oil Corporation has named a new Group Managing ...
Seplat, Sahara Group, Heirs Oil in race to buy Shell’s $4 billion oil stake – Report
Seplat Energy, Nigeria’s biggest energy company by market value, Sahara ...
India looks to other markets for oil as Nigeria battles with production
India, the biggest buyer of Nigeria’s crude oil is currently ...
NNPC GMD reveals how adulterated fuel was imported, names 4 oil companies involved
The Nigerian National Petroleum Company (NNPC) Limited has explained how ...
New Progress in EA Crude Oil Pipeline Project.
ALL is now set for execution of the East African ...
South Sudan’s oil sector needs to become more transparent
By Alan Boswell South Sudan’s fortunes have always been tied to ...
Uganda: French and Chinese oil giants launch megaproject
Critics have warned of the damage to biodiversity and local rights, ...
Nigeria: Downstream Authority Decries Poor State of Petroleum Storage Facilities in Lagos.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has ...
Rising crude price pushes petrol subsidy to N16bn per day
The price of Nigeria’s Bonny Light, yesterday, surged further to $91.38 ...
TotalEnergies’ full-year profit leaps by 711% amid global oil rebound
TotalEnergies Marketing Nigeria Plc, the local unit of France-based oil ...
NNPC secures $5bn funding from Afreximbank for Nigeria’s oil industry
The Nigerian National Petroluem Company Ltd has secured a $5bn corporate ...
Soot: Presidency seeks review of Petroleum Refining Regulations Act
In a bid to address soot and other environmental pollution ...
Dangote Refinery Begins Processing 540,000bpd in Q3
Dangote Industries Limited has said its oil refinery will start ...
PIA to foster investment in 2022 – NNPC
By Udeme Akpan THE Nigerian National Petroleum Company (NNPC) Limited has identified ...
Royal Dutch Shell to temporarily halt it’s seismic survey in South Africa’s Wild Coast
The Grahamstown High Court in Makhanda, South Africa, December 28, ...
Angola Powers Through with 2021 Projects
By Charné Hundermark The COVID-19 pandemic and subsequent country-wide lockdowns ...
The Largest Oil Terminal In Africa Is Almost Complete
By Zeenat Ganie Kenyan president, Uhuru Kenyatta inspected the ongoing ...
Kenya Renews Lamu Oil Search Amid Somali Row
Kenya has stepped up oil and gas exploration activities in ...
Uganda: Cnooc, Standards Agency Trains Oil Sector Vehicle Drivers
Kampala, Uganda — CNOOC Uganda Limited, an oil and gas ...
IsDB to Loan XAF55 Bln to Cameroon for Oil Products’ Purchases
By Business in Cameroon On December 29, a Presidential decree ...
Egypt, Italy Discuss Bilateral Cooperation in Oil, Gas Sector.
Petroleum and Mineral Resources Minister Tarek el Molla had talks ...
Egypt Awards 8 Oil, Gas Exploration Concessions to International Companies.
DAILY NEWS EGYPT. Eni, British Petroleum, Apex International, Energean Egypt, ...
ADNOC Invests $946 Million for Umm Shaif Development
Mikaila Adams of Oil & Gas Journal. Abu Dhabi National Oil ...
ExxonMobil Discovers More Oil Offshore Guyana.
By Alex Procyk of Oil & Gas Journal Fangtooth-1 was ...
Chappal Petroleum Development Company Contends for ExxonMobil Nigeria Oil and Gas Assets.
An indigenous company, Chappal Petroleum Development Company, is one of ...
OPEC appoints Haitham Al-Ghais of Kuwait as Secretary General As Mohammad Sanusi Barkindo’s tenure ends on July 31, 2022
The Organization of the Petroleum Exporting Countries (OPEC) has appointed ...
2021 In View: Biggest Oil discoveries Across Africa.
As the lifeblood of industrialized nations, oil and gas are ...
Outages in Nigeria, Others Push Oil Price to $80pb
Production hitches in Nigeria, Libya and Ecuador pushed oil price ...
Oil Spills Hit 14m Litres as Shell’s N800b Judgment Upsets Industry
As International Oil Companies (IOCs) are planning to divest from ...
2 Ship Officers Plead Guilty to Light Charges in Mauritius Oil Spill
By Abdi Latif Dahir The leak was an environmental calamity for ...
Namibia: Namcor Opens New Service Station in Ekuku
The National Petroleum Corporation of Namibia (Namcor) has inaugurated its ...
Council of Ministers of African Petroleum Producers’ Organization (APPO) Meet in Algeria.
The Council of Ministers of the African Petroleum Producers’ Organization ...
Zambia Has Increased the Price of Fuel After Removing Subsidies on Petroleum Products
LUSAKA, (Reuters) – Zambia has increased the price of fuel ...
Nigeria Records Zero Revenue From Oil Export As Subsidy Hits N199bn
Nigeria got no revenue from crude oil export in the ...
Invictus Has Executed A Farm-in Option Agreement with Cluff Energy Africa Limited (CEA) for a Two-well Exploration Drilling in the Cabora Bassa Project in Zimbabwe.
The company will remain as operator, and CEA will fund ...
Nigeria’s Petrol Imports Jump by 55%, Hit N2.52tn in Nine Months
The cost of Premium Motor Spirit, also known as petrol, ...
UTM, Afreximbank Sign $5bn Financing MoU for Nigeria’s First Floating LNG
Nigeria’s marine and services group, UTM Offshore Limited, and the ...
Savannah Energy Signs Share Purchase Agreement with Exxon Mobil Corporation, ExxonMobil International Holdings and Esso Exploration Holdings.
According to Savannah Energy’s CEO, there is a strong potential ...
Nigeria Regains Top Crude Oil Production Spot in Africa, Says OPEC Report
Nigeria has regained the top spot among crude oil producing ...
Chevron, Equatorial Guinea sign production sharing contract for Block EG09
Chevron has signed an agreement with the government of Equatorial ...
Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09.
American multinational energy corporation, Chevron has signed an agreement with ...
Petrol May Sell Above N340/litre, Marketers Plan Imports Amidst Forex Crisis.
The pump price of Premium Motor Spirit, popularly called petrol, ...
Uganda, Tanzania asked to Relax Trade Laws
The private sector, specifically those in businesses relating to the ...
Zambia Places Sole Petroleum Refinery Under Care and Maintenance
By Chris Mfula LUSAKA, Nov 26 (Reuters) – Zambia will ...
Kenya’s New Oil Terminal Ready for Test Run
The terminal is expected to cut cost of petroleum products ...
Côte d’Ivoire: Why ENI’s Discovery is a Game-changer for West Africa
In 2023, ENI wants to start operating in the baleine ...
Despite Emergency Oil Releases, Omicron Fears, OPEC Sticks to 400,000bpd Supply Hike
Despite concerns over the new Covid-19 variant, Omicron, and recent ...
Nigeria: IOCs Bank On PIA for Increased Investment Inflows, Opportunities in Nigeria’s Oil, Gas Sector
For the umpteenth time, the international oil companies (IOCs) operating ...
Nigeria’s Seplat in talks to buy Exxon’s Local Shallow-water Oilfields
Nov 29 (Reuters) – Nigeria’s Seplat Energy along with a partner ...
Russian Investors Targets Nigeria’s Oil & Gas Sectors
Russian investors have Announced Plans to Invest in Nigeria’s Agriculture ...
USA+ vs OPEC+
Last week, the US made an important announcement. It will ...
AITEO Navigates Stern Nembe Oil Spill
On November 5, Aiteo Eastern Exploration Company (AEEPCO) reported a ...
Nembe creek OML 29 wellhead still spewing crude oil, 19 days after
NINETEEN days after the spill at the Santa Barbara Well ...
Oil Production May Decline As FG Shuts Santa Barbara Fields
Nigeria oil production output would suffer some decline, following the ...
Energy Transition: Nigeria, Africa need more Oil, Gas Investment.
Despite renewed calls for a shift from fossil fuel investments, Nigeria ...
Nigeria’s Oil Production Falls Further, Libya Now Africa’s Top Producer
Nigeria is no longer the largest crude oil producer in ...
We’ll Hit 600tcf of Gas if Subsidy is Removed – Nigeria’s Petroleum Minister.
Amid the virulent diatribe against Federal Government’s desire to end ...
Gas Remains Priority, Transition Fuel for Nigeria — Buhari Tells Investors in Paris
PRESIDENT Muhammadu Buhari Thursday in Paris, France, assured investors that ...
Ghana’s Oil Production Set for Decline in 2022
Ghana’s oil production is set to decline in 2022 as ...
Under-Investment: Africa’s 125.8bn Crude Oil Reserves Slump by 500m Barrels in 2021
The 125.8 billion crude oil reserves owned by 17 African ...
BP Won’t Quit Controversial US Oil Lobby. Its CEO Explains Why.
BP’s (BP) pledge to slash oil production by 40% this ...
A Glimmer Of Hope For Libya’s Long-Suffering Oil Industry
Just as it appeared that all hope for Libya’s struggling ...
Two Oil Firms Hit Malami, Others with $10m Suit
Two firms have dragged the Attorney General of the Federation ...
Here’s Why We’re Wary Of Buying Seplat Petroleum Development’s (LON:SEPL) For Its Upcoming Dividend.
It looks like Seplat Petroleum Development Company Plc (LON:SEPL) is about to ...
Fossil Fuel Industry Delegates, Tops COP26.
Campaigners led by Global Witness assessed the participant list published by ...
Shell Unveils New Energy Business Line in Nigeria
A global energy company, Shell, says it has established a ...
Rainoil Acquires Majority Stake in Eterna Plc
Rainoil Limited, a major player in the downstream oil and ...
Nigeria: OML11 – NPDC Incompetent, Stands Rejected As Operator, Ogoni Oil Communities Tell Buhari.
Following the resumption of oil production in Ogoniland, Rivers State, ...
OPEC+ Members Shun Biden’s Calls to Boost Oil Output.
OPEC+ headed for a clash with the U.S. as more ...
OPEC Delivered Barely Half Oil Production Increase it had Planned for October as Nigeria and Angola Continued to Struggle with Output Losses.
OPEC is reviving supplies halted during the pandemic, but added ...
OGA Opens Investigation into North Sea Sale
The UK Oil and Gas Authority (OGA) has announced that it ...
Gas Flare Payments Jump From U.S.$15.4 Million to U.S.$307.4 Million in One Year
Gas flaring payments made by oil companies increased from a ...
Nigeria’s Fuel Demand to Hit 17.3mmt by 2025
The Nigerian National Petroleum Corporation (NNPC) yesterday said Nigeria’s demand ...
Converted Rig in Frame for Kudu Gas Development Offshore Namibia
BW Energy has signed an agreement to acquire the 2021-built ...
ExxonMobil to resume drilling offshore Angola in June 2022.
ExxonMobil’s affiliate in Angola has just awarded Valaris a two-year ...
Ghana Offers Attractive Upstream Alternative to East Africa Dominion
For the last two decades, Africa has been considered the ...
AOW – Facilitating Partnerships for Progress
Africa Oil Week the leading oil and gas show in ...
It’s mixed fortunes over rising crude price
By Taofik Salako, And Muyiwa Lucas. Rising oil price improves ...
Winners and Losers in the Energy Transition
Commodity markets can make or break economies. In the first ...
Sahara Group plans $1bn LPG investment in Nigeria, others
An energy and infrastructure conglomerate, Sahara Group, has said it ...
Vår Energi confirms discovery of oil and gas in the Rødhette exploration well
The exploration well proved successful with the latest preliminary estimates ...
Nigeria Spends 40% of FX on Importation of Petrol
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday ...
Ivory Coast celebrates oil find as west turns away from fossil fuels.
Abidjan hails biggest discovery in two decades but critics raise ...
Halliburton launches iStar Intelligent Drilling and Logging Platform.
Halliburton Company released the iStar Intelligent Drilling and Logging Platform, ...
With N200bn Capitalisation, President Tells NNPC to Compete with Global Best
The newly incorporated Nigerian National Petroleum Company (NNPC) Limited has ...
N2.65tn Unremitted Funds: Buhari Approves NEITI, Others’ Plan to Go After 77 Defaulting Oil Firms
President Muhammadu Buhari has given the go-ahead to a coalition ...
Africa Energy and Infrastructure Magazine, Partners Leading E & P Event, Africa Oil Week in Dubai.
Africa Energy and Infrastructure Magazine – AEI, is pleased to announce it’s ...
Guinea-Bissau, Boosting Oil & Gas and Industry Development While Promoting Local Content
Although the oil and gas industry in Guinea Bissau is ...
Senegal’s Rising Petroleum Industry Incurs Additional Investments
As one of Africa’s top emerging natural gas producing markets, ...
Nigerian Upstream Regulatory Commission to replace DPR.
The Department of Petroleum Resources (DPR) will soon cease to ...
Another Oil Lawsuit Against Shell Alleges Fraud, Deceit, Misrepresentation
The controversy surrounding the sale of OML 29 by Shell ...
Anxiety as $15bn Petro Union judgement hangs over Nigeria, amid rising debt
The Federal Government’s recent move to borrow an additional $4.179 ...
Nigeria’s petroleum imports exceeded exports by $43.56bn – OPEC
The amount spent on the importation of petroleum products into ...
OPEC+ grapples with mixed rising oil prices
A grade of crude oil, Brent, rose above $79 a ...
African Oil and Gas Producing Countries, Urged to Develop A Social Investment Plan that Utilizes Proceeds from the Hydrocarbons.
The Director of Resources and Energy, ABSA Securities, United Kingdom, ...
Nigeria’s crude oil and condensate production averaged 1.62 million barrels per day in the first four months of 2021.
NNPC data showed that cumulatively, Nigeria produced 195.14 million barrels ...
Oil and gas investors make significant investments in MSGBC Basin.
Oil and gas investors with an interest in Africa, have ...
ENI begins production, offshore Angola
Italian oil and gas major Eni has started production from ...
U.K. Takes Emergency Steps as Forecourts Run Dry
The U.K. government took emergency measures late Sunday to try ...
2% Annual Increase on Price Royalty for Nigeria’s Crude Oil.
The Nigerian Government has introduced a two per cent annual increase ...
Oil Prices Rise on Tight Supply, Hit Three-month High
Oil prices extended gains yesterday riding higher on growing fuel ...
Nigeria’s President Muhammadu Buhari Proposes Amendment of Just Passed Petroleum Industry Bill.
Barely one month after assenting to the Petroleum Industry Act ...
Borr Drilling Secures Contracts for Rig Duo in West Africa
Shallow water contractor ‘Borr Drilling’, said Tuesday, August 31st, it ...
Wofai Samuel Chairs NCDMB Women in Oil & Gas Conference
The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to ...
Petrofac Secures Libya EPCC Contract
Petrofac has secured a contract valued at over US$100 million ...
COVID-19 IMPACTED COST OF OIL PRODUCTION IN NIGERIA – Timipre Sylva.
The Minister of State for Petroleum Resources, Chief Timipre Sylva ...
Nigeria Oil and Gas 2019
Nigeria Oil and Gas 2019 holds from the 1st-4th of ...
5th Annual Upstream West Africa Summit 2019, 18th to the 20th June, Dakar, Senegal
“Developing the Deepwater Hydrocarbon Potential of West Africa” The Upstream ...
Using African Gas For Africa First
by NJ Ayuk JD/MBA A private sector initiative called LNG2Africa ...
Ivy Manly-Spain: Imprints Of An Energy Amazon
Ivy Manly-Spain has defied the odds and risen above the ...
Senyo Hosi: A Voice For Ghana Industry Players
The Ghana chamber of Bulk Oil Distributors, CBOD, has become ...
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