The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, announced that the group will be meeting non-OPEC countries in Vienna to finalize a global oil production cut a...
Iran’s Oil Minister, Bijan Zanganeh, said that the country was prepared to leave its oil production at levels that the Organization of the Petroleum Exporting Countries (OPEC) had agreed at its September meeting...
South African energy and chemicals group Sasol has completed drilling two gas wells in southern Mozambique and has since turned its attention to the development of two commercial oil reservoirs, located in close proxi...
Chairman of the Libyan National Oil Corporation, Mustafa Sanallah, disclosed that Libya’s oil production had dropped to 523,000b/d, due to electric and power issues, yet the output is expected to recover and hit 600,0...
Angolan state oil company Sonangol and its partners including oil major Chevron have started production at the Mafumeira Sul oil field with an initial output of 10,000b/d, Reuters reported. The Mafumeira Sul project i...
Sonatrach’s CEO, Amin Mazouzi, said that the company’s oil and gas exports have reached 89m tons during the first ten months of 2016, marking a 9% growth when compared to volumes form the same period during 2015. Addi...
The Organization of Petroleum Exporting Countries (OPEC) showed that Nigeria’s crude oil output rose by 280,700b/d to 1.385mb/d in September, Oil Price reported. Yet, Nigeria is unable to claim its position as Africa’...
The Nigerian National Petroleum Corporation (NNPC) estimated that the country will increase its crude oil production by 200,000b/d during the first quarter of 2018, Vanguard reported. NNPC’s Managing Director, Maikant...
Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000b/d, Reuters reported. Ghana’s Tweneboa-Enyenra-Nto...
Swedish producer Tethys Oil said its share of oil production from two onshore operations in Oman, before the government’s take, was more than 12,400b/d in August, about 5% increase from July levels, United Press...