Crude oil production disruptions in Nigeria reached 750,000 barrels per day (b/d) in May 2016, the highest level since at least January 2009. The increased disruptions come as militants continue Continue Reading
Niger Delta Forces Attacks by militant have caused a drop in the oil output from Nigeria. Oil Minister Emmanuel Ibe Kachikwu stated while in Lagos that production had fallen to Continue Reading
* Niger Delta Avengers appear split * Talks Friday with Ijaw community leaders Confusion reigns over Nigerian peace talks after mixed messages from the Nigerian militant group Niger Delta Avengers Continue Reading
Nigeria’s Niger Delta Avengers militants, who have claimed repeated attacks on oil and gas pipelines sending the country’s crude output plunging, said Wednesday they were not ready to negotiate with Continue Reading
Port cleared 525 TEUs in July, from average 4,000 TEUs at peak Forex shortage hurting shipment through Kenya’s Mombasa port Imports to South Sudan through Kenya’s main port have fallen Continue Reading
The Niger Delta Greenland Justice Mandate (NDGM) has vowed to blow up more oil installations, if government does not meet its demand for inclusion in negotiations with other militant groups. Continue Reading
Libyan officials were cautious on Thursday about declaring complete victory over the Islamic State in the coastal city of Surt, saying unknown numbers of the militant organization’s extremists remained ensconced Continue Reading
Rise in number of militant factions complicates peace: BMI Nigeria saw biggest decline of all OPEC members in July: IEA Nigeria’s crude oil production, depressed to near 30-year lows as Continue Reading
There appears to be yet a new player in the violence in the attacks on the oil infrastructure in the Niger Delta, and if you’re finding it hard to keep Continue Reading
Barely 24 hours after it threatened to bomb oil installations in the Niger Delta region if the Federal Government did not stop its one-sided talks with the Ijaw ethnic nationality, Continue Reading
U.S.-backed Libyan forces said on Wednesday they have taken over Islamic State group’s headquarters in Sirte, the militants’ final bastion in Libya, breaking a stalemate with the help of U.S. Continue Reading
Pipeline supplies bulk of Shell’s gas to Bonny Island LNG Outage comes as rebels have attacked Nigeria’s oil facilities Royal Dutch Shell Plc said its local unit has declared force Continue Reading
U.S. Special Operations forces are providing direct, on-the-ground support for the first time to fighters battling the Islamic State in Libya, U.S. and Libyan officials said, coordinating American airstrikes and Continue Reading
Libya forces Operation Dignity, a Libyan militia, has attacked the Zueitina oil terminal near Benghazi, local media report . The attack, which took place on Friday, was repelled by Petroleum Continue Reading
At least ten Angolan soldiers were killed during the last clash with the Front for the Liberation of the Enclave of Cabinda (FLEC) in the oil-rich Cabinda enclave, according to Continue Reading
Es Sider terminal has been closed since December 2014 Six of 19 storage tanks at port damaged in past two years Libya has started maintenance work at Es Sider port, Continue Reading
The renewed attacks by new militant groups in Niger Delta region since early this year have reduced Nigeria’s oil production in the onshore and shallow water by 70 per cent, Continue Reading
On Tuesday, news broke of Angola’s decision to back out of a deal with Cobalt International Energy to purchase an oil discovery for $1.8 billion. Sonangol, Angola’s state energy firm, Continue Reading
Dar es Salaam — The government is expected to start an environmental impact assessment (EIA) at the end of this month on land where a $30 billion (Sh64.4 trillion) liquefied Continue Reading
Unity government reached a deal with guards to reopen ports Measure viewed as insufficient to drive up flows from country Oil traders who specialize in purchasing cargoes from Mediterranean ports Continue Reading
A girl stands beside a laundry line in a poor neighborhood overlooking Cabinda, a heavily guarded territory that accounts for half of Angola’s oil output. (Nichole Sobecki/For The Washington Post) Continue Reading
U.S. airstrikes targeted Islamic State positions in the Libyan city of Sirte for the second straight day on Aug. 2, the press office of Libya’s Government of National Accord (GNA) Continue Reading
African nation’s crude production already reduced by civil war Group observing peace deal sees possibility of larger battles Clashes between South Sudanese forces that re-erupted last month could escalate into Continue Reading
Factions in divided nation continue to shut oil fields Libya’s state crude producer is working to resume oil shipments from three ports after a deal was struck to settle payments Continue Reading
The United States launched multiple airstrikes against Islamic State militants in Libya on Monday, opening a new, more persistent front against the group at the request of the United Nations-backed Continue Reading
The US launched air strikes against Isis in the Libyan city of Sirte in a bid to support forces allied to the government who are battling to regain control of Continue Reading
Amnesty coordinator says stipends restart Monday after delay Oil production has dropped to 1.4 million b/d, minister says Nigeria resumed payments to former militants in the oil-rich Niger River delta Continue Reading
Libyan oil production and export has been… Libya’s state-controlled National Oil Co. said it was taking steps to restart exports from three blocked oil ports after the government reached a Continue Reading
Libya’s state oil company said on Sunday it welcomed the “unconditional” reopening of blockaded oil ports following a controversial deal between the U.N.-backed government and a force that controls key Continue Reading
Suspected militants have attacked an oil pipeline operated by a local affiliate of Shell in Nigeria’s restive southern Niger Delta region, locals and a community group said on Monday. Militants Continue Reading
This implies that Africa awaits major crisis unless governments become unified in giving priority to water security management and sanitation. Almost 98 per cent of the affected people live in Continue Reading
Oil tanker Libya’s key oil terminals have reopened for operations, Moussa al-Kouni, the deputy head of the country’s UN-brokered presidency council, told reporters late on Thursday at the Ras Lanuf Continue Reading
Royal Dutch Shell says its oil production in Nigeria will fall by 35,000 barrels per day in the third quarter of 2016 due to sabotage incidents and scheduled repairs. Shell, Continue Reading
Libyan government officials were in talks with brigades holding the Ras Lanuf oil port, one of two major oil terminals shut down since December 2014, to reach a deal to Continue Reading
Pipelines Niger Delta Recent military attacks on oil infrastructure in Nigeria have dragged the country’s daily crude production down by 700,000 barrels per day (bpd), figures by the Nigerian National Continue Reading
CEO met Mozambican President Nyusi last week to discuss deal Exxon also in parallel talks with Anadarko over stakes Exxon Mobil Corp. is in advanced negotiations with Eni SpA over Continue Reading
The chief of staff of the Libyan army has warned foreign companies the army will fire at any non-Libyan tanker entering the country’s territorial waters. The warning comes after a Continue Reading
Nigeria’s revenue fell to the lowest in at least one year in May as militant attacks in the oil-producing Niger River delta caused crude production to slump. The federal government Continue Reading
Libya’s Petroleum Facilities Guard (PFG) will start lifting a blockade on eastern oil terminals over the next three days, though a resumption of exports will depend on the state of Continue Reading
Muhammadu Buhari, who won the election, campaigned on the promise to crack down on corruption — and reclaim stolen assets. (Carl LeVan/The Monkey Cage) In Nigeria, billions of dollars each Continue Reading
Angola is at a critical juncture as its government sees a bleak year ahead as the continued oil price slump has made it halve its 2016 growth forecast. The oil Continue Reading
Country loses top Africa producer status to Angola After hitting two-yea low last month due to Niger Delta militant attacks on oil facilities, Nigeria’s crude oil production has managed to Continue Reading
With strengthened safety measures in place, Statoil and BP pledge their commitment to Algeria despite militant attacks on their facilities in the North African nation. Statoil ASA and BP plc Continue Reading
Government’s death toll may be ‘tip of iceberg,’ Ladsous says Global body may reassess, strengthen mandate for UN mission The United Nations peacekeeping chief said the situation in South Sudan Continue Reading
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have called off their one-week strike and therefore Continue Reading
Exxon Mobil Corp has denied that its facilities in the Niger Delta was attacked after the Niger Delta Avengers (NDA) claimed an alleged attack on the oil giant’s facilities on Continue Reading
Libyan forces allied with the U.N.-backed government have been shelling and carrying out air strikes on the center of Sirte city in a siege of Islamic State militants there, an Continue Reading
The Marsa al-Hariga oil terminal in eastern Libya. No timing for lifting of force majeure on ports yet: NOC Four of biggest oil ports shut due to politics, fighting Libya’s Continue Reading
Standard Bank, Old Mutual temporarily close Juba operations Kenya’s KCB moves staff to safety and reduces branch activity The biggest banks and insurers in Africa, including Old Mutual Plc and Continue Reading
Angola’s inflation rate rose to the highest in at least five-and-half years in June. Inflation accelerated to 31.8 percent last month from 29.2 percent in May, the Luanda-based National Statistics Continue Reading
