Libya’s Waha oil fields repair work almost completed
Libya’s Waha oil fields have had work carried out on them to maintain the production and service facilities after they were offline for more than seven months due to an Continue Reading
Nigeria: Panic Buying, As Tanker Drivers Begin Strike
NIGERIANS, weekend, engaged in panic buying of fuel, as Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday ordered full compliance as members of the Petroleum Tanker Drivers, PTD, Continue Reading
Africa’s Largest Oil Refinery Opens Next Year
AFRICA’S largest oil refinery, which is anticipated to be the biggest single-train structure, is set to be opened early next year. The Dangote Oil refinery is the brainchild of Africa’s Continue Reading
Libya’s Oil Blockade Will Help Clear The Global Supply Glut
Libya’s port blockade is set to keep the North African country’s oil off the market until at least the fourth quarter of 2020, which, as devastating as it will be Continue Reading
Libya’s NOC head warns of potential disaster at oil ports due to armed conflict
The head of Libya’s state-run National Oil Corp warned Aug. 8 that the presence of stored flammable commodities at the country’s key oil export terminals risks a potentially worse disaster Continue Reading
China Dominates Bid for Africa’s Largest Dam in New Pact
Chinese and Spanish developers that want to build Africa’s biggest hydropower plant in the Democratic Republic of Congo agreed to form a single consortium in an accord the country says Continue Reading
Nigeria Looks To Settle Export Dispute With Big Oil Firms
The Nigerian National Petroleum Corporation (NNPC) has signed a preliminary agreement with two companies over a dispute about foreign firms exporting Nigerian oil from some offshore fields, which could pave Continue Reading
Libya’s Meager Crude Oil Exports Set To Plunge In August
With Libya’s conflict escalating, the country’s crude oil exports are set to be just 1.2 million barrels in August, a 40-percent plunge from July, Bloomberg reported , citing an initial Continue Reading
South Sudan Struggles To Boost Its Oil Production
The youngest internationally recognized nation on earth, South Sudan’s relationship with its oil and gas reserves has been troubled and ambivalent – ever since its first day of existence oil Continue Reading
Oil Majors Discover Significant Gas Field In Egyptian Waters
European majors Eni, BP, and Total have successfully tested a new natural gas discovery in Egypt’s shallow waters, the Italian company said on Tuesday, commenting on its find that adds Continue Reading