South Sudan’s state-controlled Nile Petroleum Corporation (Nilepet) has started preparations to take over the management of some oilfields in the country by 2027, when it will let the contract with Continue Reading
The Libyan National Army (LNA), the self-styled forces of Eastern Libyan strongman General Khalifa Haftar, rejected on Sunday the ceasefire announced on Friday by the UN-backed government of Libya and Continue Reading
When it comes to finding the final frontier for big oil discoveries, you need to look beyond the Guyana-Suriname basin where everyone’s already staked their claims. And beyond the American Continue Reading
France’s Total has signed a pact with the government of Mozambique to bolster security for a US$20-billion liquefied natural gas (LNG) development the energy group leads in the African country, Continue Reading
Back in 2010, Texas-based Anadarko Corp. (now a subsidiary of Occidental Petroleum Corp. ) and Italian energy giant ENI SpA announced the discovery of approximately 180 trillion cubic feet of Continue Reading
The UN-backed government of Libya announced a ceasefire on Friday, and the east-based rival administration also called for a truce in a move that could pave the way to reopening Continue Reading
Libya’s UN-backed government, which only controls the western part of the country, announced an immediate ceasefire Aug. 21, raising the prospect of a restart to the country’s oil production and Continue Reading
Libya’s two rival governments separately announced a cease-fire Friday and called for a demilitarized zone in the strategic city of Sirte, a decision welcomed by regional neighbors and Western powers Continue Reading
Libya could export oil again, but only temporarily. Eastern commander Khalifa Haftar will allow ports to restart operations in order to dispose of stored fuel and gas, Naji al-Maghrabi, head Continue Reading
he Petroleum Facilities Guard of Libya’s eastern oil terminals said they will reopen the country’s key oil ports to allow the exports of some barrels from storage, But the restart Continue Reading
Libyan ports could reopen to release the fuel needed to end power shortages ports of the country, The National reports , citing the commander of a group affiliated with Khalifa Continue Reading
Introduction The success of the Tripoli-based Government of National Accord (GNA) in forcing the withdrawal of the eastern-based Libyan National Army (LNA) from northwestern Libya has led to a temporary Continue Reading
President Muhammadu Buhari. The Ministry of Petroleum Resources will soon present a long-awaited oil and gas reform bill to the president aimed at boosting output and attracting foreign investment, three Continue Reading
The photos are truly the stuff of nightmares: Swarms of desert locusts blocking out the sun, blanketing fields, and devouring crops in East Africa, the Middle East, and South Asia. Continue Reading
Libya’s National Oil Corporation (NOC) has warned of worsening blackouts in eastern Libya due to a months-long blockade of oil and gas facilities. Blackouts and power cuts have been common Continue Reading
Fighters linked to Islamic State took control of a northern Mozambican port town that’s been a key logistics link for a $23 billion natural-gas project being built by Total SE, Continue Reading
The closure of oil ports in the Gulf of Sirte is the main reason for the power outages in eastern Libya, the National Oil Corporation (NOC) says. “By closing the Continue Reading
The road from Kampala, the capital of Uganda, to Jinja, the site of Africa’s first electric bus factory, was packed with cars on a July morning. The traffic crawled. Breathing hurt your throat. Continue Reading
Nigeria’s full compliance to the OPEC+ deal hangs on a key oil grade being treated as a condensate. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Oil tanks full to the brink at Libya’s oil export terminals are posing a risk to local communities and the facilities themselves, the chairman of the National Oil Corporation, Mustafa Continue Reading
Libya’s Waha oil fields have had work carried out on them to maintain the production and service facilities after they were offline for more than seven months due to an Continue Reading
NIGERIANS, weekend, engaged in panic buying of fuel, as Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday ordered full compliance as members of the Petroleum Tanker Drivers, PTD, Continue Reading
AFRICA’S largest oil refinery, which is anticipated to be the biggest single-train structure, is set to be opened early next year. The Dangote Oil refinery is the brainchild of Africa’s Continue Reading
Libya’s port blockade is set to keep the North African country’s oil off the market until at least the fourth quarter of 2020, which, as devastating as it will be Continue Reading
The head of Libya’s state-run National Oil Corp warned Aug. 8 that the presence of stored flammable commodities at the country’s key oil export terminals risks a potentially worse disaster Continue Reading
Chinese and Spanish developers that want to build Africa’s biggest hydropower plant in the Democratic Republic of Congo agreed to form a single consortium in an accord the country says Continue Reading
The Nigerian National Petroleum Corporation (NNPC) has signed a preliminary agreement with two companies over a dispute about foreign firms exporting Nigerian oil from some offshore fields, which could pave Continue Reading
With Libya’s conflict escalating, the country’s crude oil exports are set to be just 1.2 million barrels in August, a 40-percent plunge from July, Bloomberg reported , citing an initial Continue Reading
The youngest internationally recognized nation on earth, South Sudan’s relationship with its oil and gas reserves has been troubled and ambivalent – ever since its first day of existence oil Continue Reading
European majors Eni, BP, and Total have successfully tested a new natural gas discovery in Egypt’s shallow waters, the Italian company said on Tuesday, commenting on its find that adds Continue Reading
* Fitch predicts 20% hit to Nigerian bank revenues this year * Central bank measures exacerbate lending, FX shortage woes * Economy faces COVID-19, oil price shock double whammy By Continue Reading
The COVID-19 pandemic has affected the completion of the Dangote Refinery and also crippled a critical segment of the Ebute-Metta to Apapa segment of the Lagos to Ibadan rail project. Continue Reading
Russia’s Lukoil said July 27 that it has reached an agreement with Cairn Energy to take a 40% stake in the Rufisque, Sangomar and Sangomar Deep (RSSD) project offshore Senegal Continue Reading
Military contractors linked to the Kremlin have seized control of two of Libya’s largest oil facilities in recent weeks, heightening tensions between Russia and the U.S. over Moscow’s growing footprint Continue Reading
Lauded in the early stages of the pandemic for taking decisive steps to limit Covid-19 infections, South Africa is now battling one of the world’s fastest-growing coronavirus outbreaks that is Continue Reading
Ethiopia’s prime minister said negotiations on Tuesday with Egypt and Sudan had paved the way for an agreement over the country’s hydroelectric dam on one of the Nile River’s tributaries, Continue Reading
Ghana’s independent power producers, which produce almost half of the country’s electricity, say they could stop supply over government debt that amounted to $1.4 billion as of June 30. The debt Continue Reading
Violent clashes erupted over the weekend between two armed groups in the Brega region, in Libya’s Oil Crescent, the Libyan National Oil Corporation said in a statement. “Violent Clashes took Continue Reading
If Afghanistan is the proverbial “graveyard of empires,” Libya is becoming a crucible for would-be regional powers. The intractable civil war that has carved apart the oil-rich North African country is in reality a multisided Continue Reading
South Sudan’s oil production has dropped by 20,000 b/d to 170,000 b/d because of the impact of surging coronavirus cases, which has led to disruptions in operations at oil fields, Continue Reading
Ethiopia has been at loggerheads with downstream neighbors Egypt and Sudan for years over a $4.8 billion mega-dam it’s building on the Nile River. Now the standoff is coming to Continue Reading
Satellite images of Africa’s biggest hydropower project show a reservoir flooding with water from heavy rainfall in recent weeks, adding to tensions that risk spilling into open conflict. The photos Continue Reading
The dam’s construction, seen here in December 2019, began in 2011 A reservoir behind Ethiopia’s disputed Grand Renaissance dam on the River Nile has started filling with water – a Continue Reading
The Organisation of Petroleum Exporting Countries (OPEC) and its allied oil producers, known as OPEC+, yesterday insisted that defaulting countries, including Nigeria, must adhere to total compliance with the oil Continue Reading
After Libya lifted and then declared again force majeure on all its oil exports in the span of just two days, the United States warned that parties in the conflict Continue Reading
Just two days after it lifted the force majeure on all oil exports, Libya’s National Oil Corporation has declared force majeure again, citing a renewed blockade on its oil export Continue Reading
Libya’s National Oil Corp. declared force majeure on all crude exports on July 12, a day after the Libyan National Army re-instated an oil blockade as the civil war continues Continue Reading
Forces loyal to a Libyan commander said they will only allow the reopening of oil fields and terminals once a mechanism has been set up to fairly distribute revenue across Continue Reading
African Union-brokered talks ended without an agreement on a disputed dam project on the Nile River’s main tributary, potentially ratcheting up tensions between two key U.S. allies on the continent. The Continue Reading
The Libyan National Army vowed to continue its oil blockade in the war-torn North African country unless its demands are met as the conflict between the self-styled army and the Continue Reading
