Chevron | Egypt Oil & Gas - Part 12
Nigeria, IOCs Settled for $5b
Nigeria has reached a $5b outline settlement with five oil majors to cover outstanding payments for joint exploration and production.
Chevron to Sell African Assets
Total, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a 110,000b/d refinery in Cape Town.
Angola LNG Shipped Second Cargo
Angola's liquefied natural gas (LNG) export plant launched a tender to sell its second post-shutdown cargo.
Nigeria Seeks $10b is Petroleum Assets Sale
Nigeria will sell off 15% of the Nigerian National Petroleum Corporation's (NNPC) and Nigeria LNG Limited's (NLNG) oil and gas assets to help revive the country's economy, with an expected yield of $10b.
West Africa to Ship 60 Oil Cargos to Asia in September
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...
Nigeria’s Oil Production Drops
Nigerian oil production has dropped to 1.4mb/d due to attacks by armed militant groups, the Nigerian Oil Minister, Ibe Kachikwu, declared.
South Africa: Heads of Strategic Fuel Fund Step Down
Heads of South Africa’s Strategic Fuel Fund (SFF) stepped down after the Department of Energy objected to an allegedly unauthorized offer the SFF submitted for the purchase of Chevron Corporation’s assets in the cou ...
Nigeria Examines Chevron Gas Project ‘Astronomical’ Cost
A Nigerian Senate committee asked Chevron to explain why a gas-to-liquids Joint Venture (JV) with the state-run oil company cost three times more to complete than initially estimated.
