Nigeria: China's Investment in Nigeria's Oil Sector Hits $16bn
This Day
China has invested up to $16 billion in Nigeria's oil industry, mostly upstream, over the last 14 years through its state oil firm, the China National Offshore Oil Corporation… Read more »
Nigeria: Govt Declines Renewal of Shell's OML 11 Over National Security
The Federal Government Thursday told an Abuja Division of the Federal High Court that its decision not to renew the operating license of Shell Petroleum Development Company (SPDC)… Read more »
Zimbabwe: Govt Revives Jatropha Project As Fuel Crisis Persists
New Zimbabwe
Government, desperate to end a recurrent fuel crisis, has revived its Jatropha fuel project abandoned during ex-President Robert Mugabe's era. Read more »
Nigeria: Nigeria Will Stick to OPEC's Oil Output Quota - NNPC
Nigeria will not break its commitment to the oil production adjustments agreed upon under the Declaration of Cooperation (DoC) between member countries of the Organisation of the… Read more »
Ghana: Govt Rakes U.S.$434.5 Million in Petroleum Revenues in First Half of 2019
Business Day
The Bank of Ghana has revealed that the government made an amount of US$434.5 million from oil sale from its three oil fields as well as in other fees and taxes. Read more »
Nigeria: Communities Shutdown Flow Stations in Delta
Vanguard
Nigeria loses about 79,000 barrels of oil as host communities to Jones Creek,Odidi and Batan flow stations shut down the station operated by NPDC/ Neconde OML42 JV this morning. Read more »
Nigeria: Fuel Subsidy Removal Will Add 4% to Global GDP, IMF Tells Nigeria, Others
The International Monetary Fund (IMF) wednesday reiterated the need for Nigeria and other countries that still retain the policy of subsiding fossil fuel to put an end to the… Read more »
Kenya: Petrol, Diesel Prices Drop as Kerosene's Rises in Latest Review
Nation
The prices of super petrol and diesel have decreased by Sh2.86 and Sh3.28 per litre respectively in the latest review by the Energy and Petroleum Regulatory Authority. Read more »
Nigeria: Nigeria Will Comply With Opec, Non-Opec Output Cut Deal, Says Kyari
Premium Times
Nigeria will fully comply with the agreement by the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries last July on crude oil production cuts, Nigeria's… Read more »
Congo-Brazzaville: Congo May Join Nigeria As Africa's Largest Oil Producers
Daily Trust
Republic of Congo could produce nearly 1 million barrels of crude per day following a new oil discovery in the country, a company involved told Reuters on Monday. Read more »
Namibia: Despite Numerous Proposals, No Approval Yet for Local Oil Refinery
New Era
The Ministry of Mines and Energy has confirmed that although it has received several proposals for the establishment on an oil refinery, it has not yet granted any approval as it… Read more »
Kenya: Kenya to Approve Qatari Deal on Oil Blocks, Says PS
Kenya will endorse the acquisition of offshore oil and gas exploration blocks by Qatar Petroleum, a State-owned company of the energy-rich Arab nation, Petroleum Principal… Read more »
Ghana: "Spending Oil Revenues On Free SHS a Better Investment" - Education Minister
Ghana Presidency
The Minister for Education, Hon. Dr. Matthew Opoku Prempeh, says the decision by the Akufo-Addo led government to spend the country's oil revenues on "Free Senior High School… Read more »
Uganda: Namutumba Bans Sale of Petrol in Plastic Bottles
Monitor
Authorities in Namutumba District have banned the sale of petrol in plastic bottles citing 'risk factors'. Read more »
Nigeria: 'Oil Industry's Share of Digitalisation May Hit U.S.$1 Trillion By 2025'
The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Mr. Bayo Ojulari, has disclosed that by 2025, the global oil industry's share of global… Read more »
Nigeria: Beware of NNPC's Advice, Petroleum Economist Warns Govt
The immediate past president of Nigerian Association for Energy Economics, NAEE, Professor Wumi Iledare, has cautioned the Presidency against allowing the Nigerian National… Read more »
Nigeria: Nigeria in Danger of U.S. Competition in Oil Sales
There are indications that Nigeria's oil sales may be going through difficult times following the Donald Trump's new strategy to enthrone USA's dominance in the global oil market. Read more »
Nigeria: Rehabilitation in Port Harcourt Refinery Still Ongoing - NNPC
The Nigerian National Petroleum Corporation (NNPC) has said that the rehabilitation of the two Port Harcourt Refineries were still ongoing. Read more »
Nigeria: Petroleum Engineers Laud Shell, Chevron, Others
The Society of Petroleum Engineers (SPE) has picked Shell, CypherCrescent and Chevron winners of its award for smart exhibitions at the just concluded 2019 edition of its Nigeria… Read more »
Zimbabwe: Fuel Prices Up Again
Government has announced a new set of fuel price increases for the umpteenth time this year and the first in August after three similar hikes in July. Read more »
Nigeria: Declining Crude Oil Prices May Worsen Country's Vulnerabilities
The steady decline in crude oil prices last week, which saw a drop below the $60 per barrel benchmark price in the 2019 budget, may worsen the country's vulnerabilities, analysts… Read more »
Zimbabwe: National Railways Back in Business As Transport Blues Hit Travellers
For years shunned by travellers because of its failure to stick to timetables and generally slow service, the National Railways of Zimbabwe (NRZ) seems to have been thrust back… Read more »
South Sudan: AfDB to Help Streamline South Sudan's Oil Sector
East African
As South Sudan works to increase its oil production beyond the current 150,000 barrels per day, it has enlisted the help of the African Development Bank's African Legal Support… Read more »
Tanzania: How a Scramble For Fuel Turns Deadly
Citizen
An overturned tanker, spilling oil and then the scramble for fuel. Read more »
Nigeria: Dangote Oil Refinery Completion Timeline Suffers Setback
Leadership
The largest refinery project in Africa being built by Dangote will not be completed until the end of 2020 due to challenges associated with importation of steel and other… Read more »
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