OPEC+ Agreed to Boost Oil Supply by 400,000 Barrels Per Day
The Organization of Petroleum Exporting Countries (OPEC) and its allies decided to increase world oil output by 400,000 barrels per day in a statement issued at the end of the...
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Uganda Seeks to Transport Fuel Through Tanzanian Ports to End Kenyan Monopoly
Uganda is looking at ways to reduce its dependency on Kenya for petroleum imports by resuming exports through Tanzania. The country accounts for around three-quarters of the transit cargo at...
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UAE Agrees to Saudi Arabia Output Proposal; Resolves with OPEC
According to World Oil, an anonymous OPEC delegate revealed that the UAE has settled its impasse with OPEC+ and achieved a compromise arrangement that will grant it a new output...
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Woodside Launches Sangomar Drilling Campaign in Senegal
The drilling campaign for the Sangomar Field Development Phase 1 offshore Senegal will begin this week, according to Woodside, the operator of the Rufisque Offshore, Sangomar Offshore, and Sangomar Deep...
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Angola’s Crude Output Fell to a 17-year low in June
Angola's crude output fell to a 17-year low of 1.073 million barrels per day in June, according to the Agência Nacional de Petróleo, Gás e Biocombustibles (ANPG). Because of technical...
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Eni, Sonangol, and Tiptop Energy have all Signed Sharing Agreements with Angola’s ANPG
On July 12, the Angola's National Oil, Gas and Biofuel's Agency (ANPG) signed production sharing agreements (PSA) with Eni, Sonangol, and Tiptop Energy for blocks 27 and 28. Sonangol has...
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SDX Energy Provides Drilling Activity Updates in Egypt
SDX Energy, a MENA-focused oil and gas company, has released an update on drilling operations at the Ibn Yunus-2 well in Egypt's onshore Nile Delta's South Disouq Exploration Permit (SDX...
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Lekoil CEO Says the Company Has Four Outstanding Assets in Nigeria
Mr Lekan Akinyanmi, the Chief Executive Officer of Lekoil Nigeria Limited, said his business now has four outstanding properties that would make an impact in Nigeria's hydrocarbon industry, speaking on...
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Crude Supply to Private Refineries is Being Hampered by Foreign Exchange – NNPC
The Nigerian National Petroleum Corporation, NNPC’s Chief Operating Officer, Refineries, Mustapha Yakubu, stated at the recently completed 2021 Nigerian Oil and Gas (NOG) conference in Abuja that several private refineries...
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Invictus Energy Provides Update on the Cabora Bassa Project in Zimbabwe
Invictus Energy has offered an update on the activities of its Cabora Bassa Project in Zimbabwe, which it owns and operates 80% of. The non-binding farm-in agreement has been dissolved,...
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