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Egypt Had the Highest Discoveries of Oil and Gas Reserves in Africa in 2020

According to statistics, despite the widespread of a global pandemic, low oil prices and reduction in demand in supply in 2020, Egypt had the highest number of hydrocarbon deposits discoveries...
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NNPC Diversifying Portfolio Beyond Oil Assets – Mele Kyari

Speaking at the Gulf Intelligence "Global" United Arab Emirates Energy Forum 2021, the Group Managing Director of the Nigerian National Petroleum Company (NNPC), Mele Kyari, said that the National Oil...
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IMF Approves $487.5 million for Angola to Aid Recovery from Low Oil Prices

The Executive Board of the International Monetary Fund IMF, announced the approval of $487.5 million to Angola, on Monday, 11th January 2021. The disbursement is to aid the economy of...
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Enyo to Launch in 20 LPG Plants and LPG Station in Nigeria

Enyo Retail and Supply has announced the commencement of a project to invest in twenty (20) liquefied petroleum gas (LPG) plants in Nigeria. The project is to increase the usage...
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Zenith and Fleet Oil & Gas Enter CA for Acquisitions in the Mediterranean, Middle East and Africa

Zenith Energy has announced it has entered into a Cooperation Agreement (CA) with a privately-owned oil and gas company, Fleet Oil & Gas, to jointly identify and pursue oil and...
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SNOC Announces New Gas Storage Project

Sharjah National Oil Corporation (SNOC) has announced the start-up of a new gas storage project in Sharjah, United Arab Emirates. The first gas was introduced to the project on the...
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Egypt and Denmark Discuss Investment in the Electricity and Renewable Energy Sector

The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, met with the Danish Ambassador to Egypt, Svend Olling, to discuss investment opportunities and cooperation in their allied field of...
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Saipem 12000 Arrives Mozambique; Drilling Operations to Resume this Month

Mozambique's regulator, Instituto Nacional de Petróleo (INP), has announced that a Saipem-owned drillship, Saipem 12000, is resuming drilling operations at the Coral Sul (Coral South) project offshore Mozambique. The resumption...
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NOC and GECOL Libya Meet to Discuss Natural Gas Supply, Alternative Source of Electricity

The Head of the National Oil Cooperation of Libya, Mustafa Sanalla, met with the Head of General Electricity Company of Libya (GECOL), Weam Al-Abdali, to discuss cooperation between both companies...
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Nigeria to Sanction Fuel Marketers who do not Adhere to PPPRA Regulations

Nigeria's Petroleum Products Pricing Regulatory Agency (PPPRA), has cautioned oil marketers and operators in the downstream sector against non-compliance with the terms of the Petroleum Products Commercial Framework Regulations. The PPPRA...
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