Musings on Marble by Ibe Kachikwu – 7/06/2020
The Future of Africa without oil This month, the International Energy Agency released its 2020 investment forecast. Not much surprises except for the fact that oil investments are on the...
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Report and Agreement of the 179TH OPEC Meeting on 6TH June 2020
The 179th meeting of the Organization of the Petroleum Exporting Countries (OPEC) was held via e-conferencing today, 6th of June, 2020, under the leadership of its president, Mohamed Arkab, Minister...
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Ivory Coast to Increase Butane Gas Storage Sphere from 4,000 to 6,000 Tonnes in 2021
The Ivory Coast Oil Management Company (GESTOCI) has launched the commencement of the construction of a new 2,000-tonne butane gas storage sphere. If completed, it will increase the total storage...
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Benin Considering Setting up an Oil Refinery
Benin is stepping up plans to set up an oil refinery. It has reportedly established a partnership, with responsibility for evaluating the requirements and viability of the project. On Wednesday,...
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Aker Energy Shifts Towards a Phased Development Approach for Pecan Oilfield
Aker Energy, a subsidiary of Aker SA, which aims to be "Building the oil and gas operator of choice in offshore deep waters of Ghana," has announced that it is...
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Nigeria’s Petroleum Price Now Determined by Market Forces
The Petroleum Products Pricing Regulatory Agency (PPPRA) of Nigeria has removed the cap on the price of petrol in the county. A signed document by the Executive Secretary of the...
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GMA, Navy and Marine Police are Jointly Combatting Illegal Bunkering in the Western Region
The Deputy Director and Manager in charge of the Ghana Maritime Authority in the Western Region, Captain William Eson Thompson, said in a collaborative effort with the Navy and the...
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South Africa Adjusts Price of Petrol, Diesel and Other Illuminating Paraffin
The Minister of Mineral Resources and Energy in South Africa, Mr Gwede Mantashe, announced adjustments in fuel prices which went into effect from 3rd of June, 2020. The country's oil prices...
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Tullow’s Early Oil Pilot Scheme in Kenya Ends, Allowing for Full Field Development
Oil and gas producer, Tullow Oil's contract for the Early Oil Pilot Scheme in Kenya has expired after being active for two years. In 2012, the London-listed company discovered a...
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There has Been No Crude at Indeni Refinery for Over 60 Days
The Indeni Petroleum Refinery, located in Zambia's industrial city of Ndola with a capacity to refine 24,000 bbp/d of crude oil and process 1,200,000 tonnes of feedstock annually, has reportedly...
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