Libya’s oil production has surged past 1 million barrels a day, national petroleum officials said on Saturday, marking an important milestone months after its civil war almost choked the country’s Continue Reading
The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licenses for oil and gas companies who neglect their obligations to the host communities. The Continue Reading
Oil production from Nigeria’s Anyala West field, located in the shallow offshore blocks of OML 83 and 85, has commenced, indigenous producer FIRST E&P and state-owned Nigerian National Petroleum Corporation Continue Reading
Libya’s crude oil production has reached 800,000 bpd, Reuters has reported, citing sources in the know. This is a 100,000-bpd increase in just a few days, the report added. Libya Continue Reading
Times of recession usually bring up overused terms like belt-tightening or company restructuring though distressed periods are just as useful for settling old scores and shaping up new partnerships. Testifying Continue Reading
Desert locusts are breeding afresh in Ethiopia and Somalia and new swarms will form by mid-December and are likely to move southwards toward Kenya. “Although countries are better prepared compared to Continue Reading
The Atlantic Basin could see a major showdown between the region’s key sweet crude producers as around 1 million b/d of Libyan crude is set to return to a brittle Continue Reading
The Libyan ceasefire agreement, which is being painted as a permanent one, could soon face increased opposition if third party interference is not dealt with. The UN-brokered (UNSMIL) agreement has Continue Reading
Total and its partners have made a “significant” gas condensate discovery near the major Brulpadda find off South Africa’s Western Cape raising the prospects of a new gas push in Continue Reading
Libya’s crude oil production could reach 800,000 bpd over the next two weeks and top 1 million barrels daily within a month now that the National Oil Corporation has lifted Continue Reading
