United Oil and Gas recorded a strong start to the year as the company saw some success with its well-drilling programme. Three successful wells were drilled on Abu Sennan in …
Energy
Supply of petroleum products across the federation may be disrupted in the coming days, as multiple challenges confront marketers, haulage companies and their workers.The operators, yesterday, said over 90 per …
CAIRO – Royal Dutch Shell, through subsidiaries Shell Egypt and Shell Austria, has completed the sale of upstream assets in Egypt’s the Western Desert to Cheiron Petroleum Corporation and Cairn …
The National Petroleum Authority (NPA) has offered to assist its counterpart in Sierra Leone, the Petroleum Regulatory Agency (PRA), to improve efficiency in regulating the petroleum downstream in that country. …
Côte d’Ivoire announced a “major” offshore oil and gas discovery on Wednesday after “very promising” exploration results in 2014 led to interest from several oil majors. Italian energy group Eni …
Crude export operations have returned to normal at two major Libyan oil ports after days of protests and sit-ins that had disrupted loadings, the National Oil Corporation (NOC) said on …
Nigeria’s vast reserves of oil and gas have generated great riches but are also blamed for fostering conflict, corruption and poverty. Now the country’s leaders want to almost triple its …
The global commodity trading and investment company Montfort has announced that it has acquired equity in the Matola Terminal de Armazenamento de Petróleos SA, which operates oil tanking storage at …
(Bloomberg) — Demonstrators have interrupted loading of an oil tanker and taken over the control room at Libya’s biggest crude terminal, as a fresh wave of protests across the nation’s …
(Bloomberg) –Libya’s oil production is in danger of slumping again, as a political power struggle threatens to end a period of relative stability. The standoff comes at an unfortunate time …