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Libya Calls for Increased Daily Oil Production

Libya's central bank governor, Sadiq Al-Kabir, told Bloomberg from the capital city of Tripoli that the war-torn OPEC country has to increase oil production to implement ambitious development plans and...
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Equatorial Guinea & DRC Sign MoU to Construct Joint Oil Refinery and Storage Facilities

At the ongoing Angola Oil & Gas (AOG) 2022 Conference and Exhibition, the Ministry of Mines and Hydrocarbons in Equatorial Guinea and Hydrocarbons and the Ministry of Hydrocarbons of the...
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Saudi Arabia & Iraq Reaffirm Support for OPEC+ Production Cut

The Energy Ministers of Saudi Arabia and Iraq reaffirmed their support for the reduction in oil production following a bilateral meeting on Thursday. Prince Abdulaziz bin Salman said in a...
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Germany Purchases LNG from Australia

According to Reuters, the Australian energy giant, Woodside has sent its first LNG shipment to Europe. Germany's Uniper purchased the 75,000-ton shipment. The North West Shelf project in Western Australia...
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Nigeria’s President Buhari Launches Historic Oil Drilling in Northern Nigeria

President Muhammadu Buhari signalled the start of the first crude oil drilling operation in northern Nigeria on Tuesday, on the border of Bauchi and Gombe states. The Kolmani River II...
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Musings on Marble – 20/11/2022

THE SATISFACTION OF IMPACT In the course of my career, I have met many people; those who have impacted my life positively and those who have through sheer negativity, caused...
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Saipem Announces New Drilling Jobs worth $800M in Ivory Coast, Angola and the Middle East

Saipem, an Italian oilfield services company, announced on Tuesday that is has signed several new drilling contracts in the Middle East and West Africa, totaling over $800 million. The company...
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Russia’s Oil Production May Drop by 1.4 Million Bpd In 2023 – IEA

According to the International Energy Agency, if the EU embargo on crude oil imports by sea goes into effect next month, Russia's oil production might decrease by 1.4 million barrels...
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OPEC Cuts Oil Demand Growth Estimates for 2022 & 2023

OPEC cut its forecast for the growth of the world's oil demand for this year and next in its Monthly Oil Market Report (MOMR), which was released on Monday. This...
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COP27: Nigeria’s Minister for Disaster Management Calls for Increased Funding

Sadiya Umar Farouq, the minister of humanitarian affairs, disaster management, and social development (FMHADMSD), yesterday pleaded with developed nations to increase funding for initiatives that would help the most vulnerable...
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