Algeria has appointed a new government, state television said on Thursday, as the country faces its biggest political crisis in decades and a raft of economic problems caused by falling Continue Reading
Nigeria, like the rest of the world, enters a new decade this new year, 2020; it’s the decade of the twenties!How Nigeria starts the new decade, that is, how it Continue Reading
One of the most spectacular stories of 2019 started off in the first days of the outgoing year. Some 150 kilometers off the Nigerian coast, the oil major Total and Continue Reading
The fortunes of Libya’s oil industry hinge on how the battle for Tripoli ends as the protracted conflict between the Libyan National Army and the UN-backed Government of National Accord Continue Reading
Oil company ExxonMobil has expanded its upstream acreage in Egypt after it acquired two offshore blocks, boosting its footprint in the gas-rich Eastern Mediterranean basin. Receive daily email alerts, subscriber Continue Reading
The partners in Nigeria LNG (NLNG)—Nigeria National Petroleum Corporation (NNPC) (49%), Shell (25.6%), Total (15%) and Eni (10.4%)— have taken the final investment decision (FID) for the expansion project of Continue Reading
Highlights Storage warehouse hit by Libyan National Army Oil facilities in western Libya at risk from escalation London — Libya’s oil infrastructure has once again found itself in the crosshairs Continue Reading
Nigeria’s planned Train-7 project, part of its expansion at the Bonny LNG plant, has received a full investment decision, operator Nigeria LNG said Friday. The project, expected to start up Continue Reading
Turkey will send troops to Libya at the request of Tripoli as soon as next month, President Tayyip Erdogan said on Thursday, putting the North African country’s conflict at the Continue Reading
Turkey said it would send troops to Libya after Tripoli’s UN-backed government requested greater military support in its battle against a rival administration, in a move that risks escalating tensions Continue Reading
Africa seems to be emerging as the prime drilling spot for the early 2020s – it is still relatively under-evaluated, would be cheaper than any other domestic project for Western Continue Reading
Russian President Vladimir Putin and Italian Prime Minister Giuseppe Conte agreed on Thursday that the situation in Libya must be resolved in a peaceful way, the Kremlin said. In a Continue Reading
President Tayyip Erdogan said on Thursday that Turkey will send troops to Libya now that Tripoli has requested it, and he will present legislation to parliament in January for deployment Continue Reading
Whenever a major oil-producing region is engulfed in prolonged warfare, speculation starts to abound regarding all the potential changes to its oil and gas policy and the companies willing to Continue Reading
The eastern-based Libyan National Army force said on Sunday it had monitored a Boeing 747-412 that had flown from Istanbul to Libya carrying military equipment. LNA spokesman Ahmed Mismari warned Continue Reading
Turkey will increase its military support to the internationally recognized government of Libya if necessary and will evaluate ground, air and marine options, President Tayyip Erdogan said on Sunday, after Continue Reading
Libya’s General Haftar is closing in on Tripoli, which in turn is prompting a sudden uptick in Turkish activity on behalf of the Tripoli-based government, and this next phase of Continue Reading
The anti-graft agency, EFCC, says it now has a former justice minister, Mohammed Adoke, in its custody. Mr Adoke returned to Nigeria on Thursday from Dubai, where he was arrested, Continue Reading
Nigerian Environment Minister Mohammad Mahmood Abubakar poses for a picture in front of his country’s office at the U.N. climate conference in Madrid, December 11, 2019. Madrid — “If the Continue Reading
Senior Nigerian employees of US oil major Chevron have started strike action this week to protest against job cuts and non-payment of allowances, with the potential to disrupt the company’s Continue Reading
In mid-October government officials inaugurated the village of Id Mjahdi, located near the western city of Essaouira. The first of its kind in Africa, the village, which is capable of Continue Reading
Gas supplies by pipeline from Israel to Egypt are on course to begin by the end of 2019 after Israeli energy minister Yuval Steinitz on Monday signed the final permits Continue Reading
BP has found high quality natural gas reservoirs in all three wells it has recently drilled offshore Senegal and Mauritania in West Africa, the UK oil and gas supermajor said Continue Reading
Libya reopened five of its oil terminals Monday after a day-long closure due to bad weather, sources said Monday, adding that the loadings halt only resulted in a minor loss Continue Reading
The Federal Government has spent N462.10 billion on under-recovery, also known as a subsidy, on Premium Motor Spirit, PMS, in nine months, from January to September 2019, according to data Continue Reading
The Dangote Refinery would save the country of $10 billion spent on crude importation when it comes on stream, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said Continue Reading
General Khalifa Haftar has announced “the decisive battle and the advance on the heart of Tripoli,” after eight months of trying to take over the seat of the UN-recognized Government Continue Reading
The Sudd: Microbes in saturated soils will produce methane Scientists think they can now explain at least part of the recent growth in methane (CH4) levels in the atmosphere. Researchers, Continue Reading
A Ghana-based private company and its local partners have discovered 1.5 billion barrels of oil in place offshore the West African country, the company Springfield E&P said on Wednesday. Springfield Continue Reading
The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North African country, in the Northwest. “We are very pleased with Continue Reading
Chineme Okafor writes that recent developments in the 650,000 barrels a day (bd) refinery project of Dangote Group suggest the project could define how best to build largescale refineries in Continue Reading
Turkey and Libya can carry out joint exploration operations in the eastern Mediterranean after the two sides signed a deal on maritime boundaries, Turkish President Tayyip Erdogan said on Monday Continue Reading
Libya’s volatile production and exports may inadvertently help OPEC and its allies in supply restrictions these days, after the Libyan National Oil Corporation (NOC) has declared force majeure on crude Continue Reading
Crude loadings from Libya’s Mellitah port are under force majeure due to the closure of the El Feel oil field, a spokesman at state-owned National Oil Corporation said Monday. The Continue Reading
In the continuing efforts to revive the nation’s four refineries in Port Harcourt, Warri and Kaduna, the Federal government signed Memoranda of Understanding [MoUs] with China, India, Saudi Arabia and Continue Reading
The U.S. military believes that an unarmed American drone reported lost near Libya’s capital last month was in fact shot down by Russian air defenses and it is demanding the Continue Reading
For the second time in two weeks, Libya’s El Feel oilfield has been shut down, due to an unlawful closure of a valve on an oil export pipeline, Libya’s National Continue Reading
A gang of pirates have kidnapped 19 sailors after waylaying then boarding a supertanker loaded with oil, according to various media reports . Hong Kong-flagged crude supertanker the Nave Constellation, Continue Reading
Africa could provide as much a fifth of global demand for liquefied natural gas by 2025, up from 10% in 2018, due to huge investments in the sector and some Continue Reading
Libya’s internationally recognized government on Monday blamed rival, eastern-based forces for airstrikes in the capital and the southern desert which it said had caused civilian casualties, most of them women Continue Reading
The United Nations Security Council called on all countries on Monday to implement an arms embargo on Libya and to stay out of the conflict after U.N. sanctions monitors accused Continue Reading
The Minister of State for Petroleum Resources, Mr. Timipre Sylva has disclosed that Nigeria flared about 324 billion cubic feet (bcf) of natural gas in 2017. Sylva, who said this Continue Reading
The world’s largest crude distillation column equipment designed for crude oil processing for Dangote Refinery yesterday arrived in Lagos. The equipment is the largest in terms of distilling capacity which Continue Reading
Barely two months after petroleum tanker explosion killed scores of persons in Onitsha, Anambra State, fear of another disaster is waiting to happen at Ekpan, Uvwie LGA of Delta State Continue Reading
Nigeria, which has pumped above its OPEC quota for months to the ire of other members, brought down its crude oil production in November to fully comply with its cap, Continue Reading
The past two days have seen forces loyal to Libya’s Government of National Accord (GNA) seize and then lose a key oilfield in the south, suggesting that General Khalifa Haftar’s Continue Reading
Algeria is amending its energy law in a bid to attract foreign investment into its oil and gas industry, months after international majors suspended talks about new projects amid mass Continue Reading
Oil production at Libya’s El Feel field in the southwest of the country restarted Thursday after clashes and air strikes between rival powers had shut down the key facility, state-owned Continue Reading
Hundreds of legitimate workers, including drivers and fuel station attendants, are now idling away following the ban on the supply of petroleum products to filling stations in Nigeria’s land border Continue Reading
Eastern Libyan forces said on Wednesday they had driven armed groups from Libya’s 70,000-barrel-per-day (bpd) El Feel Oil Field, where production was halted after a rival group took control of Continue Reading
