West Africa | Egypt Oil & Gas - Part 2

Angola to Drop March Oil Exports

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.

African Petroleum to Exit Liberia’s Offshore Blocks

African Petroleum is pulling out of its two Liberian offshore, blocks LB-08 and LB-09, prospecting licenses after it failed to attract new partners.

West Africa Grew Crude Exports

West African top exporters reached a record high of 726.4mb total, in October, which is 45.45bm in total, higher than September, with Nigeria and Angola leading the charge.

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 ...

China’s Crude Oil Import from West Africa Expected to Rise

China is expected to further increase crude oil imports from West Africa in February in spite of the country's weak economic growth, with tankers estimated to load 1.38mb/d of crude, the highest daily level since Jul ...

Tullow Oil Eases Pressure with Upgrade to Output

Oil and gas producer Tullow Oil has raised its full-year production guidance after its flagship West African oil fields produced more than expected, lifting its shares more than 5 percent.

Africa’s Oil Reserves Still Profitable After Pricing Crisis

African oil explorers will keep drilling in select locations such as onshore east Africa and less complex projects off the West African coast even with oil at $60 a barrel, executives and analysts told Reuters.

Tullow Share Price Falls After Ghana-Cote d’Ivoire Territory Dispute

Tullow Oil has seen its share price slip 8.5 per cent (30p) today (at time of writing) after it announced it would have to suspend operations at its TEN project offshore West Africa whilst Ghana and Cote d’Ivoire set ...

ECOWAS Launches Policy Development on Women and Energy

The development of a policy that will help address barriers hindering participation of women in energy access in the Economic Community of West African States (ECOWAS) region is underway.

Traders Store W.African Crude in US Until Prices Recover

Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks available and as seaborne cargoes are able to compete better on p ...

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