The resignation of Libya’s deputy oil minister, Refaat al-Abbar, last week threatens to make the current uneasy situation in Libya’s oil sector even worse. As it stands, Libya is currently Continue Reading
Libya is looking for U.S. oil companies to return to the oil-rich nation, according to Bloomberg. Libya’s oil minister Mohamed Aoun has said that he hopes U.S. companies will return Continue Reading
Emmanuel Addeh writes that Nigeria’s inability to meet its allocated oil production quota by the Organisation of Petroleum Exporting Countries (OPEC) for months, not only poses a clear challenge to Continue Reading
THERE are indications that oil and gas explorations dropped in Nigeria as the rig count fell by 49.5 per cent to 53 in the first eight months (January-August) of 2021, Continue Reading
Delayed maintenance, low investment limit oil output Angola and Nigeria pumped average of 276kbpd below quota – data Nigerian firms rushing works to boost output – Shoreline’s Karim Production below Continue Reading
Africa’s lack of industrial development puts it in a strong position to develop low-carbon manufacturing without the costs of transitioning from fossil fuel-based factories, McKinsey & Co. said. In the Continue Reading
South Sudan’s government warned it may suspend oil output if port protests in neighboring Sudan that have blocked shipments of the landlocked nation’s crude continue. Demonstrators have forced a halt Continue Reading
After months of stalling because of Covid restrictions and OPEC cuts, as well as significant international criticism over misplaced funds, Nigeria appears to be optimistic about the future of its Continue Reading
Dar es Salaam — Tanzania and Uganda’s private sector partnership have agreed on four issues that need addressing if local businesses in the two countries are to benefit from the Continue Reading
Libya’s Prime Minister has revoked a decision by the oil ministry to remove the chairman of the National Oil Corporation, Mustafa Sanalla, from his post. The Libyan oil ministry suspended Continue Reading
