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September 9, 2020
NNPC Acquires $1 billion Crude Oil Fund
The fund will be used as a prepayment fund for upstream operations.
September 9, 2020
South Sudan: With an Eye on Oil
South Sudan’s upcoming licensing round has stimulated international interest.
September 8, 2020
Angolan Oil Tax Revenues Increase by 3.2%
The increase comes as a result of a rising barrel price, despite lower crude export volumes.
September 7, 2020
Market 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.
September 1, 2020
Africa Oil & Power Welcomes New Managing Director, Launches 2021 Events
Renée Montez-Avinir brings over 15 years of experience to Africa’s leading energy investment platform.
August 31, 2020
Nigeria’s Petroleum Industry Bill to Boost Oil Industry Investment
Nigeria’s Petroleum Industry Bill is expected to revive the country’s oil industry and facilitate clean energy production.
August 24, 2020
South Sudan to Conduct Minerals and Oil Survey to Attract Potential Investors
Nilepet is working on attracting investors to invest in 14 oil blocks.
August 24, 2020
Nigeria to Increase Oil Production
The country plans to increase production by 250,000 bpd.
August 21, 2020
Angola’s ANPG Amends Oil Production Forecast
The forecast estimates average production at 1.28 million barrels per day in 2020.
August 19, 2020
Ugandan Government Issues New Timelines for Oil Refinery Project
The new project framework gives more time to investors to complete preliminary preparations.