Nigeria's Minister of State Petroleum Resources, Ibe Kachikwu, said that the country is capable of producing 3mb/d of crude from the Niger Delta region.
West African oil producers will send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace supplies cut by OPEC’s Midd ...
The Trans Forcados pipeline is likely to be reopened around the end of the second quarter of 2017, according to Seplat Petroleum Development Company Plc’s CEO, Austin Avuru.
Nigeria has ceded control of one of the richest oil blocs on the continent - the Oil Prospecting License 245 bloc (OPL 245) and the country is to prosecute oil giants Royal Dutch Shell and Italian Eni in a corruption ...
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 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).
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.