EXCLUSIVE Eni, BP in talks over oil and gas assets in Algeria
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to Continue Reading
Egyptian Officials Accuse Ever Given’s Captain of Losing Control of Ship in Suez Canal
Egyptian officials made their most specific allegations against the captain of a container ship that blocked the Suez Canal for nearly a week in March, accusing the skipper of losing control of Continue Reading
Nigeria: We’re Preparing for Post-Crude Oil Era – Govt
The Minister of Science and Technology, Ogbonnaya Onu, says efforts are on ground to ensure Nigeria is prepared for a post-crude oil era. Onu said this in Abuja Thursday at Continue Reading
Nigeria: NNPC Renews Bonga Oilfield Licence for Shell, Exxonmobil, Others for Another 20 Years
Bonga Floating Production Storage and Offloading vessel, Nigeria. The OML license for the block partners Shell, Total, Exxon Mobil and Eni were renewed for another 20 years. The Nigerian National Continue Reading
Nigeria’s NNPC in advanced talks to buy stake in Africa’s biggest refinery project
NNPC looking to buy 20% stake in Dangote refinery Dangote expects refinery to come online next year NNPC desperate to reduce fuel imports State-owned Nigerian National Petroleum Corp., or NNPC, Continue Reading
Nigeria Inks Massive Oil Deal With Supermajors
Nigeria’s National Petroleum Corporation this week signed a deal with Shell, Exxon, Total, and Eni to develop an offshore oil block that includes the deepwater Bonga field, the NNPC said Continue Reading
Is This The World’s Most Exciting Oil Discovery?
After very promising results on their first well in Namibia’s giant Kavango basin, global attention has turned to this small Canadian explorer as it drills its second well in a Continue Reading
Africa’s Oil Nations Will Be Doomed If Exploration Is Halted
The IEA’s shocking call for no new oil and gas exploration on the path to net-zero emissions doesn’t necessarily follow that demand through to its logical end game. A line-up Continue Reading
Nigeria: Shell, AGIP, Heritage Record Highest Oil Spillage in Nigeria
Boats in Bodo Creek in 2011. A total of 30 oil companies spilt 41,216 barrels of oil in Nigeria between 2019 and May this year. Between January 2019 and May Continue Reading
Nigeria: 52 Million Crude Oil Barrels Lost to OPEC Cuts – NNPC
Nigeria lost at least 52 million barrels of crude oil between May and December 2020 to COVID-19-induced compulsory supply cuts imposed by the Organisation of Petroleum Exporting Countries (OPEC), according Continue Reading