All freedom fighting militant groups in the Niger Delta announced a ceasefire and continued to embrace peace after seven months of hostile attacks on Nigerian oil and gas infrastructures, All Africa reported. Niger D...
Uganda’s Ministry of Energy and Mineral Development said that his country has chosen Nigerian firms WalterSmithPetroman Oil Limited, Oranto Petroleum International, and Niger Delta Petroleum Resources, together ...
According to a report by the Energy International Administration, the statistical arm of the United States’ Energy Department, Nigeria’s crude oil production is expected to remain depressed through 2017 as a result of...
UK’s Tullow Oil has announced its first oil from the Tweneboa, Enyenra and Ntomme (TEN) fields, offshore Ghana. With an expected output of 80,000 bpd, TEN produces oil to the $1b floating production, storage and...
The Nigerian Petroleum Minister, Ibe Kachikwu, said that the country’s losses in oil production due to militant attacks have hit 900,000 b/d, Oil Price reported. The African nation continues to lose about $274m as the...
According to the Nigerian National Petroleum Corporation (NNPC) Monthly Operations and Financial Reports for June 2016, the Pipelines and Product Marketing Company (PPMC) earned $2.75b from the sales of petroleum prod...
The Ghana National Petroleum Corporation (GNPC) will sell crude from its new TEN field to the country’s under-supplied refinery, instead of shipping it all offshore as it currently does , Reuters reported. GNPC&...
Angola’s crude oil exports are expected to decrease during the fall months. The south african nation is expected to export under 1.8m b/d across 56 cargoes, in September, due to the absence of Dalia crude oil, ...
Both India and the United States have reduced their Nigerian crude oil imports by 43% and 53% respectively, a call that translated to a minimum loss of $270m of earnings in the Nigerian economy, reported Punch Newspap...
Kenya is set to start the development and commercialization of the oil deposits discovered in Turkana county four years ago as the cabinet approved the transportation of up to 4,000 b/d by road and rail to the port ci...