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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.
June 29, 2020Gabon Records Oil Production Increase
Gabonese oil production recorded in increase of 5.3% in the first quarter of 2020.
June 22, 2020Egypt Announces New Oil Discovery in the Gulf of Suez
The initial production rate of the new discovery is estimated at 2,000 barrels of oil per day.
June 22, 2020Market Report: Nigeria Begins Oil Exploration in Niger State
The ongoing exploration can add 40 billion barrels to the nation’s reserves by 2023.
June 11, 2020Angola Reduces Oil Exports to China
The number of Angolan oil cargoes shipped to China will decrease next month.
May 25, 2020Angola Exploration License Extensions Could Spur Oil Sector Recovery
Several IOCs received extensions on existing block licenses in Angola before the COVID-19 crisis.