Angola's crude oil exports are expected to fall to 1.51mb/d in March, a loading program showed mid-January. The total monthly volume is actually higher than February at 46.9m barrels.
Saudi Arabia will reduce the overall tax rate paid by Aramco to make its 2018 initial public offering more appealing to investors, as it is expected to conduct a public offer of its shares in 2018.
Japan's Inpex Corp. agreed with Abu Dhabi National Oil Co (ADNOC) to extend its holdings in the Satah and Umm Al-Dalkh offshore oilfields in Abu Dhabi by about 25 years.
The partners involved in Israel's giant Leviathan natural gas field said that they have entered talks to supply 14.8bcm of natural gas over 17 years to Edeltech.
UK listed independent Ophir Energy says preparations for drilling to restart on the deepwater Ayame-1 oil exploration well offshore Ivory Coast are at an advanced stage.
Negotiation of contracts for oil and natural gas exploration areas in Mozambique resulting from the fifth international tender launched in 2014, could be finalized by the end of next June.
Nigeria will begin to track the volume of its crude oil production from fields of production and loading bays, to sales destinations in a renewed effort to cut down on prevalent oil theft and loss of revenue.