Nigeria to Disclose New Investors for NNPC’s Refineries

• Tuesday, 9th May 2017
• by

The Nigerian Minister of State for Petroleum announced that the federal government will disclose the new investors that will be managing the country's state-owned refineries.

Iran Moves Forward with Gas Exports

• Tuesday, 9th May 2017
• by Editorial Team

Iran is conducting negotiations with a number of neighboring countries, including Iraq, to export natural gas.

BP, Kosmos Discover Gas off Senegal

• Tuesday, 9th May 2017
• by

BP and the joint venture partner Kosmos Energy announced a major gas discovery off Senegal, Yakaar-1.

New Indigenous Company Enters Ethiopia’s Petroleum Market

• Tuesday, 9th May 2017
• by

Gomeju Oil Ethiopia has entered the Ethiopian petroleum market with the aim of selling and distributing different petroleum products.

OPEC Signals Oil Output Cut Extension

• Tuesday, 9th May 2017
• by Editorial Team

The Saudi Oil Minister stated that oil producers would "do whatever it takes" to rebalance the market.

Iraq Calls for Bids for Basra’s New Oil Refinery

• Tuesday, 9th May 2017
• by Editorial Team

Iraq's Oil Ministry asked foreign companies and investors to bid for a project to build and operate a 300,000b/d export-oriented refinery in Fao.

Nigeria Boosts Amnesty Funds to Maintain Peace in the Niger Delta

• Monday, 8th May 2017
• by

Nigeria almost tripled its budget to fund an amnesty program for militants in its oil-producing heartland.

Umbrella Agreement Signed for Equatorial Guinea’s Fortuna FLNG

• Monday, 8th May 2017
• by

Ophir Energy, OneLNG, and GEPetrol have signed a detailed Umbrella Agreement for Fortuna FLNG.

Poland’s POGC Mulls Resuming Operations in Libya

• Monday, 8th May 2017
• by Editorial Team

Representatives of Libya's NOC and Poland's POGC held talks with a view to resuming operations in Libya.

Ghana to Launch Bridge Power Project Construction

• Monday, 8th May 2017
• by

GE has announced that it will be providing the 400MW Bridge Power project in Tema, Ghana, with the equipment needed to start the construction phase.