Africa | Egypt Oil & Gas - Part 28
Nigeria Oil Workers Threaten to Close OML 42 field
Nigerian oil workers will go on strike to halt a small field if the government does not meet with them by the end of the week, a spokesman for Nigeria's main oil workers' union told Reuters on Tuesday.
Removal of Nigeria’s oil Subsidies Will Be a Challenge
Nigeria's crippling fuel shortages are unlikely to ease any time soon and much-needed deregulation of the subsidised market would be a fraught process, the chief executive of energy company Sahara Group said on Wedne ...
Conflict in South Sudan’s Oil-Producing Fields
South Sudanese rebels said they have taken control of the country’s main oil fields that are still producing crude, after defeating government forces in Upper Nile state on Tuesday.
Eastern Libyan State Oil Firm Selects Boards for Two Subsidiaries
A state oil firm controlled by Libya's internationally recognised government has appointed boards for two state-run oil subsidiaries, officials said on Monday.
Nigeria To Split Gas From Oil Leases to Increase Output
Nigeria, Africa’s biggest oil producer, plans to issue separate leases for gas assets in order to attract more investors to boost output of the fuel, the state-owned oil company said.
Africa Suffers from Rising Oil and Weaker Currencies
Several African countries are suffering this year from a double-whammy of higher oil prices and weakening currencies, with Ghana and parts of eastern Africa taking the hardest knock from the surge in inflation.
Marathon Oil Seeks Bids for Onshore East Africa Stakes
Marathon Oil Corp is seeking bids for its interest in four onshore exploration blocks in East Africa as the oil and gas company focuses on drilling in U.S. shale formations, its advisor on the sale said on Friday.
Unveiling the Truth About Nigeria’s Missing Oil Revenue Billions
Just over a year ago President Goodluck Jonathan suspended me from my position as governor of the Central Bank of Nigeria after I questioned an estimated $20bn shortfall in oil revenues due to the treasury from the s ...
