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 …
Energy
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 …
Hot on the heels of oil majors either exiting or cutting back their activities in West Africa, comes news of other players moving to fill the gap – in the …