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Governorate of Medenine to Evacuate Fuel From the Coast of Djerba

The governor of Medénine, Habib Chaouat, told Tunis Afrique Press on Thursday, May 21 that an operation to evacuate ten tonnes of oil from a foreign freighter, which was stuck...
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Somalia Calls for Initial Bids for Oil Blocks

The Federal Republic of Somalia has officially opened the first round of bidding for oil exploration in the country, said to be run under the Somali Petroleum Law as well...
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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...
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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,...
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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...
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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...
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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...
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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...
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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,...
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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...
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