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Nigeria: U.S. Overtakes Russia As World's Largest Producer of Crude Oil
Leadership, 22 December 2015
The United States is now the world's largest oil and natural gas liquids exporter and would remain so for a while, overtaking both Saudi Arabia and Russia. Read more »
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Nigeria: No Cause for Cheer for Oil and Gas in 2015
Daily Trust, 22 December 2015
Over the last 12 months, developments in the nation's oil and gas sector yielded a number of highs and lows that have impacted remarkably on the sector and set the tone for 2016. Read more »
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Nigeria: African Oil Producers Eye Strategic Role in Opec
Vanguard, 22 December 2015
The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Ibe Kachikwu has emphasized the need for oil… Read more »
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Kenya: Kenya Will Not Build Another Refinery - Energy Principle Secretary
The Star, 18 December 2015
ENERGY Principal secretary Joseph Njoroge says Kenya will not build a refinery even as the deadline for commercial production of oil approaches. Read more »
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Ghana: Economists Urge Prudent Expenditure As Oil Price Dips
Business Day, 21 December 2015
Analysts have impressed on government to be prudent in its expenditure in order to benefit from the global declining crude oil prices. Read more »
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Africa: Angola Overtakes Nigeria in Crude Oil Production
This Day, 16 December 2015
Nigeria's crude oil production fell by 250,000 barrels per day (bpd) in November, making the country lose its status as Africa's top oil producer to Angola, latest data from the… Read more »
How Will U.S. Overtaking Russia in Crude Oil Affect Africa?
Oil analysts believe that Africa-US oil trade could completely stop in the next two to three years as other leading exporters, including Angola, Libya and Algeria, suffer the same fate as Nigeria - the U.S. now buys a small amount of Nigerian crude oil due to the dramatic rise in domestic shale production.
