Nigerian National Petroleum Corporation announced planned investments of around $20b in its operations next year, with the aim of ensuring that Nigeria’s crude oil production capacity hits 3m bpd by the end of 2016.
South Africa is considering building an oil refinery that will process Iranian crude to bolster its petrol supply and reduce its dependence on foreign companies.
The Italian energy company Eni has discovered gas at an offshore zone in Congo. The block has potential of 250-350m barrels of oil equivalent and over 300,000 cub m of gas per day.
Saudi Arabia's first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20% points, oil minister Ali al-Naimi said.
Emirates National Oil Company (Enoc) has said it will showcase its jet fuel offering and transportation capabilities to airports in Dubai at the upcoming Dubai Airshow 2015.
Bolivian President Evo Morales confirmed he will take part in the upcoming summit meeting of the Gas Exporting Countries Forum (GECF) to be held on November 23 in Tehran.
Schneider Electric, a global leader in energy management and automation, will unveil new industry automation solutions to oil and gas professionals at this year’s Abu Dhabi International Petroleum Exhibition and Conference (Adipec).