Highlights NOC completes pipeline maintenance linking Waha oil fields Around 300,000 b/d of output still shut-in from PFG-led blockade Libya remains a top oil market risk for 2022: Platts Analytics Continue Reading
Oil theft is a major problem for Nigeria, and it’s beginning to drive international investors away. Oil revenue lost was equal to $3.5 billion in 2021 alone, or around 10 Continue Reading
As damning as a recent report that Nigeria may have lost about 200 million barrels to organised theft in the first 11 months of 2021 would seem, it came as Continue Reading
Waha line maintenance, western blockade cuts output by almost 500,000 b/d Elections unlikely to happen soon as uncertainty between west and east persists Libya identified as top oil market risk Continue Reading
Maintenance work on a pipeline shut down 200,000 bpd output this week On December 20, Libya declared force majeure on its oil exports after crude oil production had been shut Continue Reading
In 2021, the Nigerian oil and gas industry witnessed unarguably the level of activities that had not been witnessed in a long while. From the enactment of the Petroleum Industry Continue Reading
Oil rose as Libyan supply tightened ahead of an OPEC+ meeting on Tuesday to discuss production policy for February. Futures in New York advanced toward $76 a barrel in Asian Continue Reading
Libya expects its oil production to drop by another 200,000 barrels a day over the next week as workers try to fix a damaged pipeline. The latest outage comes less Continue Reading
Efforts to win power in Libya by Saif al-Islam Qaddafi, the son of the country’s late ousted dictator Moammar Qaddafi, won’t succeed, according to the man who’s been at the Continue Reading
AJ-13 is the fifth and final well in the Abu Sennan 2021 drilling program. United Oil & Gas PLC (AIM: UOG) announced on Wednesday that the Al Jahraa-13 (AJ-13) development Continue Reading
