Blog | Page 127 of 128 | Ibe Kachikwu

22nd May 2020

Sudan Expecting New Oil Deal Agreement from South Sudan

The COVID-19 pandemic seems to have done more than pose a threat to oil-producing nations; it is surprisingly building stronger ties between South Sudan and Sudan, according to reports. According...

22nd May 2020

Mozambican Government Reduces Petrol and Diesel Prices

The global decline in oil demand, and cut in production by oil-producing countries have taken their toll on various African countries. Algeria had already slashed its budget twice this year,...

21st May 2020

Qatar Petroleum and Total Enter Agreement for Two Exploration Blocks in Ivory Coast

Qatar Petroleum is a state-owned petroleum company of Qatar, with its headquarters situated in Doha. It is a company that operates all the activities of the oil and gas in...

21st May 2020

Private Oil Marketers Have Permits to Import Refined Oil – PPPRA

The Petroleum Pricing Regulatory Agency (PPPRA) of Nigeria said in Abuja, on Tuesday, 19th May, that permits had been issued to several private marketers for the importation of petrol alongside...

20th May 2020

Equatorial Guinea Signs First Mining Contracts

Though the COVID-19 pandemic has posed a lot of challenges to countries on the continent to meeting their set targets for 2020, the Ministry of Mines and Hydrocarbons in Equatorial...

20th May 2020

COVID-19: An Opportunity for Angola’s Local Content Development Boost

The coronavirus pandemic is expected to provide an avenue for Angola's development of local content, which has been going on in the country for years. It is also believed that...

19th May 2020

Nigeria’s Adherence to Oil Production Cut Will Lead to Deeper Economic Recession – Fitch

On Monday, 18th May, 2020, Fitch Ratings Agency said that the agreement between OPEC Member Countries and its allies to cut their daily oil production to 10 million barrels per day,...

18th May 2020

Nigeria to Commission Three Modular Refineries Soon

In a statement released by Edobor Iyamu, Senior Special Assistant, Niger Delta Affairs, Office of the Vice President, three (one brownfield and two greenfields) out of six anticipated modular refineries...

18th May 2020

Total Backs out of DEAL with Occidental to Acquire Assets in Ghana

French Energy giant, Total SA, has opted out of its deal with Occidental Petroleum to purchase Anadarko assets in Ghana. This comes after a collapse in a proposal to buy...

17th May 2020

117 Very Large Crude Carriers En Route to Ports in China

While oil-producing nations are counting their losses, one of the world's largest importers of crude oil, China, is using this opportunity to beef up its reserves by purchasing the cheapest...