TASIS government denies oil deal as Heglig tensions rise
Claims of oil revenue sharing at Heglig are denied by the TASIS government as Sudan’s oil output continues to decline.
TASIS government denies oil deal as Heglig tensions rise Read More »
Oil
Niger expels Chinese oil executives, revokes hotel license
Niger’s military government expelled three Chinese oil executives and closed a hotel over local concerns related to oil extraction and discriminatory practices.
Niger expels Chinese oil executives, revokes hotel license Read More »
Nigeria’s largest refinery set to maximize production soon
Nigeria’s Dangote Oil Refinery is set to operate at full capacity in 30 days as crude supply improves, after struggling to secure local volumes.
Nigeria’s largest refinery set to maximize production soon Read More »
Deadly clashes erupt in southern Nigeria over oil company levies
At least 19 people are feared dead after clashes erupted between two rival groups in Nigeria’s Rivers State, reportedly over oil company levies.
Deadly clashes erupt in southern Nigeria over oil company levies Read More »
Nigeria works to restart oil production after Shell’s exit
The Nigerian government is exploring the possibility of restarting oil production in the Ogoniland region after Shell sold its onshore business.
Nigeria works to restart oil production after Shell’s exit Read More »
Head of Libya’s national oil corporation steps down – report
The head of Libya’s National Oil Corporation (NOC) has departed from his role, sources revealed. NOC is the backbone of Libya’s oil production, overseeing technical operations and managing smaller subsidiaries in the OPEC nation. Libya, the third-largest oil producer in North Africa, has struggled with disrupted production since the fall of Muammar Gaddafi in 2011.
Head of Libya’s national oil corporation steps down – report Read More »
Oil theft drops sharply in Nigeria boosting reserves and production
Nigeria’s oil reserves have increased slightly, and crude oil production has surged by 26% in 2024, driven by a decline in oil theft.
Oil theft drops sharply in Nigeria boosting reserves and production Read More »
Cameroon calls for urgent action to save Central Africa’s economy
The six nations sharing a common currency are struggling to recover from the COVID-19 pandemic and other global shocks, facing issues such as declining oil production, civil conflicts, and heavy debt burdens.
Cameroon calls for urgent action to save Central Africa’s economy Read More »
Nigeria launches Utapate crude, targets higher production
Utapate, Nigeria’s latest crude oil grade, offers a promising opportunity for the country to increase its oil production and revenue.
Nigeria launches Utapate crude, targets higher production Read More »
Nigeria’s oil output rises despite security, theft issues
Nigeria’s state oil company, NNPC, has successfully increased oil production to 1.8 million barrels per day, aiming to reach 2 million barrels per day by the end of the year.
Nigeria’s oil output rises despite security, theft issues Read More »