China Takes The Lead In This Emerging Energy Frontier
Several weeks ago, we have looked into a very recent Russian initiative to increase their presence in the southern part of the Gulf of Guinea, encompassing a new product pipeline Continue Reading
Nigeria Records 2,181 Vandalised Pipeline Points in One Year
The Nigerian National Petroleum Corporation, NNPC, said that the country recorded 2,181 vandalised pipeline points within one year period between October 2018 and October 2019. Investigation shows that this development Continue Reading
At Least Five Dead In Nigerian Oil Pipeline Explosion
At least five people died and dozens of others were rushed to hospital late on Sunday after an oil pipeline exploded in Nigeria in a blast that the authorities believe Continue Reading
Nigeria: ‘NNPC Records 45,347 Pipeline Breaks in 18 Years’
In the wake of the dastard act that threw major parts of Lagos into mourning Sunday evening, the Nigerian National Petroleum Corporation (NNPC) has revealed that the numbers of pipeline Continue Reading
Angola Set To Finally Boost Its Oil Production
After years of declines in crude oil production, one of OPEC’s largest African producers, Angola, is finally about to see its production rising in the coming years, with several new Continue Reading
Total To Drill World’s Deepest Well In Angola
Total will drill an ultra deepwater well off the coast of Angola that will be the deepest in the world, Bloomberg reports , citing Maersk Drilling, which has been hired Continue Reading
Ghana: ghana Loses Over Us$200m in Downstream Petroleum Revenue Annually – Veep
The Vice President, Dr Mahamudu Bawumia, has said that the country loses over 200 million dollars per annum in tax revenues due to illicit activities in the downstream petroleum sector. Continue Reading
Exxon Considers Sale of Oil Assets in Equatorial Guinea
Exxon Mobil Corp. XOM -0.89% is in talks to sell its oil assets in Equatorial Guinea, the country’s oil minister said, and might be replaced there by a Russian company—among other options—as U.S. companies Continue Reading
Nigeria to focus on condensate output, will meet OPEC+ quota
Nigeria is shifting its upstream work towards NGLs and natural gas, to better comply with its crude production quota under the OPEC+ agreement, the head of the country’s national oil Continue Reading
Nigeria Imported 19bn Litres of Petroleum Products in 2019 – PPPRA
The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, stated that Nigeria imported 19.18 billion litres of petroleum products in 2019, while the country’s refineries produced only 166.33 million litres of Continue Reading