West Africa
News
December 15, 2022
The Minister argued that fossil fuels have an important role in the global energy transition and stand to bring reliable energy to the hundreds of millions of Africans who lack access to energy. He spoke about how the exploitation of the continent’s natural resources will establish an independent path toward an inclusive energy transition.
News
December 12, 2022
Nigeria’s oil production increased by almost 15% during November following the restoration of operations at Shell Plc’s Forcados terminal.
News
December 12, 2022
ADC Energy will provide operational assurance and acceptance services for rig equipment, dynamic positioning, marine and well control, and ROV activity.
News
November 01, 2022
OPEC’s crude production held steady last month after the group pledged a symbolic cutback to stabilize market sentiment, with output up 30,000 bpd to 29.98 million barrels ahead of deeper cuts this month.
News
September 08, 2022
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years.
News
September 08, 2022
Repair work to a vital Nigerian oil terminal is expected to be completed in late September, meaning almost two months of halted flows.
News
September 07, 2022
The state-owned Nigerian National Petroleum Company recently became NNPC Limited, a commercial venture. Rather than operating as a government entity, with all of the red tape and inefficiencies that went with it, the company’s focus has been shifted to productivity and earning profits.
News
August 31, 2022
In the more than a quarter century since Shell Plc left Ogoniland in southern Nigeria, oil has continued to ooze from dormant wellheads and active pipelines, leaving the 386-square mile kingdom’s wetlands shimmering with a greasy rainbow sheen.
News
August 25, 2022
Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deepwater oil production in Africa’s largest crude producer.
News
August 16, 2022
While the introduction of the NNPCL promises to be advantageous to the country’s energy industry, realistically, there are certain challenges that need to be promptly and properly addressed for the new NNPCL to function effectively and achieve its objectives.
News
August 15, 2022
Nigerian President Muhammadu Buhari’s flip-flop over the sale of Exxon Mobil Corp.’s assets could discourage investment in Africa’s largest oil producer in the wake of industry reform meant to grow the sector.
News
August 04, 2022
The search for natural gas has drawn attention to a number of African gas projects that are likely to help Europe in the future, particularly as the EU looks to make a permanent shift away from dependence on Russian gas.
News
July 27, 2022
An oil pipeline capable of hauling 180,000 barrels a day across Nigeria has ceased transporting crude since mid-June due to theft, according to a person familiar with the information.
News
July 26, 2022
Following the recent acquisition of PetroChad Mangara (PCM) by Perenco, PCM announced the successful export of its first barrel to the Chad-Cameroon pipeline.
News
July 19, 2022
Nigeria’s state-owned energy firm will now operate as a commercial entity without relying on government funding and direct controls, President Muhammadu Buhari said on Tuesday.
News
July 19, 2022
The inauguration of the Nigerian National Petroleum Company Limited initiates a monumental shift in active engagement, accountability and value that is expected to reshape Nigeria’s petroleum industry, while simultaneously acting as a model for other National Oil Companies on the continent.
News
July 11, 2022
Nigeria’s state energy company won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to Seplat Energy Plc.
News
July 06, 2022
OPEC Secretary-General Mohammad Barkindo, an oil industry veteran who steered the group through the creation of the OPEC+ alliance, has died in his native Nigeria. He was 63.
News
June 27, 2022
The Ministry of Petroleum of the Republic of Niger announced the country has reached a new milestone in furthering the regional gas market through the progressing construction of the multi-billion Trans-Saharan Gas Pipeline alongside Algeria and Nigeria.
News
June 27, 2022
The OPEC+ alliance of oil producers is running out of capacity to pump more crude, including its biggest member Saudi Arabia, according to Nigeria’s petroleum minister.
News
June 23, 2022
Nigeria’s Senate will investigate Shell Plc’s historic license renewals in the West African state to determine whether they were extended unlawfully and cost the government up to $200 million.
