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September 9, 2020NNPC Acquires $1 billion Crude Oil Fund
The fund will be used as a prepayment fund for upstream operations.
September 7, 2020Market Report: NNPC Invites Bidders for Crude Oil Contracts for 2021
The NNPC has invited interested and credible companies to participate in a crude oil tender.
July 17, 2020Crude Oil Demand 2020: Decline, Recovery and Forecast
The International Energy Agency reports that the worst of the demand destruction is over.
May 13, 2020Tanzania to Construct a Crude Oil Pipeline in 2021
The 1,445Km pipeline will cost $3.5 billion.
October 9, 2018Nigeria sees milestone crude oil production
Increased security in Niger Delta contributed to production increase.
August 17, 2018Market Report: Libyan crude oil output exceeds 1 million bpd
Libya's crude oil production has exceeded 1 million bpd for the first time since June 2018.
March 9, 2018Market Report: Nigeria Reduces Crude Oil Production Price
Nigerian National Petroleum Corporation brings down cost of producing a barrel of crude oil to $20.
July 21, 2017Market Report: Nigeria to Explore Crude Oil Sales to Africa Markets
Dr Ibe Kachikwu announced that Nigeria would explore crude oil sale possibilities to the African markets.
September 11, 2020Market Report: Tullow Oil Boosts Oil Production Offshore Ghana
Tullow Oil reports strong production results from the deepwater Jubilee and TEN fields in Ghana this year.
September 8, 2020Angolan Oil Tax Revenues Increase by 3.2%
The increase comes as a result of a rising barrel price, despite lower crude export volumes.