West Africa
News
August 16, 2022
While the introduction of the NNPCL promises to be advantageous to the country’s energy industry, realistically, there are certain challenges that need to be promptly and properly addressed for the new NNPCL to function effectively and achieve its objectives.
News
August 15, 2022
Nigerian President Muhammadu Buhari’s flip-flop over the sale of Exxon Mobil Corp.’s assets could discourage investment in Africa’s largest oil producer in the wake of industry reform meant to grow the sector.
News
August 04, 2022
The search for natural gas has drawn attention to a number of African gas projects that are likely to help Europe in the future, particularly as the EU looks to make a permanent shift away from dependence on Russian gas.
News
July 27, 2022
An oil pipeline capable of hauling 180,000 barrels a day across Nigeria has ceased transporting crude since mid-June due to theft, according to a person familiar with the information.
News
July 26, 2022
Following the recent acquisition of PetroChad Mangara (PCM) by Perenco, PCM announced the successful export of its first barrel to the Chad-Cameroon pipeline.
News
July 19, 2022
Nigeria’s state-owned energy firm will now operate as a commercial entity without relying on government funding and direct controls, President Muhammadu Buhari said on Tuesday.
News
July 19, 2022
The inauguration of the Nigerian National Petroleum Company Limited initiates a monumental shift in active engagement, accountability and value that is expected to reshape Nigeria’s petroleum industry, while simultaneously acting as a model for other National Oil Companies on the continent.
News
July 11, 2022
Nigeria’s state energy company won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to Seplat Energy Plc.
News
July 06, 2022
OPEC Secretary-General Mohammad Barkindo, an oil industry veteran who steered the group through the creation of the OPEC+ alliance, has died in his native Nigeria. He was 63.
News
June 27, 2022
The Ministry of Petroleum of the Republic of Niger announced the country has reached a new milestone in furthering the regional gas market through the progressing construction of the multi-billion Trans-Saharan Gas Pipeline alongside Algeria and Nigeria.
News
June 27, 2022
The OPEC+ alliance of oil producers is running out of capacity to pump more crude, including its biggest member Saudi Arabia, according to Nigeria’s petroleum minister.
News
June 23, 2022
Nigeria’s Senate will investigate Shell Plc’s historic license renewals in the West African state to determine whether they were extended unlawfully and cost the government up to $200 million.
News
June 22, 2022
Aimed at unlocking the geological capacity of the complex, a conventional oil development located in deep water in Equatorial Guinea comprising five producing oilfields, the upgrade will convert 15 gas lift wells to electrical submersible pumps.
News
June 15, 2022
Perenco announced it has completed the acquisition of Glencore’s corporate entities holding its entire Chad Upstream oil interests.
News
June 10, 2022
Shell Plc is set to receive two final offers this week for its onshore oil and gas fields in Nigeria, according to people with knowledge of the matter.
News
June 08, 2022
Oil and gas company Perenco has struck a deal with exploration company, New Age, to buy its participating interests in the Etinde conventional gas development located offshore Cameroon.
News
June 02, 2022
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines.
News
June 01, 2022
The Memorandum of Understanding details intent to carry out knowledge transfer initiatives in technologies relating to water, oil and gas treatment process engineering, onshore platform function and maintenance, along with offshore gas field management and energy transition principles.
News
May 25, 2022
A Nigerian lawyer warned that international oil companies divesting from the West African country will abandon their obligations to compensate and clean up communities polluted by decades of crude production.
News
May 24, 2022
With six blocks under exploration and another licensing round underway, The Gambia is following on the heels of both Senegal and Mauritania as the MSGBC region embraces the boom of a revitalized oil and gas industry.
News
May 09, 2022
More than 100 oil and gas projects should commence operations in Nigeria during the next four years, accounting for more than 24% of the predicted total projects starts during that time, predicts GlobalData.
