General Electric Co (GE) has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities.
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has announced that it has submitted its interest to join the Organization of Petroleum Exporting Countries (OPEC) in 2017.
The Nigerian National Petroleum Corporation (NNPC) has issued an invitation for bids under the model of direct sale of crude oil and direct purchase of petroleum products (DSDP).