Royal Dutch Shell Plc has been ordered by a South African court to temporarily halt an offshore seismic survey after local communities took legal action to block the project. The Continue Reading
Today the Grahamstown High Court in Makhanda ordered Shell to immediately cease its seismic blasting along South Africa’s Wild Coast, while ordering Shell and the Minister of Mineral Resources and Continue Reading
Libya’s oil production and exports are threatened again as the presidential election slated for December 24 will likely be postponed. Armed groups descended in the capital Tripoli on Tuesday amid Continue Reading
Royal Dutch Shell Plc halted crude shipments from Nigeria’s Forcados export terminal, dealing another blow to the African nation, which has struggled to stem falling production. Shell Petroleum Development Co. Continue Reading
A Libyan parliamentary committee said Wednesday that it has become “impossible” to hold a long-awaited presidential election in two days as scheduled, in a major blow to international efforts to Continue Reading
Libya has declared a force majeure on oil exports, even as oil prices worldwide are crashing. Libya’s National Oil Company (NOC) has said that crude oil production has been shut Continue Reading
Highlights Armed unit within PFG closes key fields and terminal Analysts expect Dec 24 elections to be delayed Output likely to be volatile in coming weeks Libya’s key southwestern oil Continue Reading
Libya may introduce contracts with private oil companies that would give bonuses to those that meet targets and penalize those that don’t, as the OPEC member tries to raise output Continue Reading
A new study by risk consultancy Verisk Maplecroft has revealed that Nigeria may face difficulty producing its huge oil and gas reserves. The study states that Africa’s number two exporter Continue Reading
Geopolitics, Politics & Conflict In Libya, where elections are supposed to be held on December 24th, there has been a delay in approving the official candidate list, which could mean Continue Reading
