News Feeds

Author | Legal Icon | Energy Expert

Angola 2020 Onshore Bid Round Opens in January 2021

The Angola 2020 Onshore Bid Round will officially open in January 2021, with nine (9) blocks placed on offer in the Lower Congo and Kwanza Basins. Last year, the National...
Read More

PetroNor to Sign 30-year Lease Under New Agreements for A4 License in The Gambia

PetroNor has reached a mutual agreement with the Government of The Gambia to settle its Arbitration related to the A1 and A4 licenses. This has resulted in the reinstatement of...
Read More

Equatorial Guinea to Build First Modular Refinery in Punta Europa

Equatorial Guinea will build the country's first state-owned modular refinery in Punta Europa. The Minister of Mines and Hydrocarbons, Gabriel Obiang Lima, presented the Punta Europa Modular Refinery project in...
Read More

OPEC Monitoring Libya’s Oil Production Restart

According to sources, the Organisation of Petroleum Exporting Countries (OPEC) and its allies (OPEC+) are closely monitoring the resumption of oil output in Libya to see if there is a...
Read More

Angola to Privatise 55 State-owned Assets & Generate $160 million in 2020

Angola's 2019 - 2022 Privatisation Program aims to generate over $160 million (100 billion Angolan Kwanzas) in revenue through the divestment of several state-owned assets to the private sector this...
Read More

Gabon Encourages Japanese Companies to Participate in Call for Tenders for Oil Blocks

The Ministry of Oil, Gas and Mines, Gabon, have expressed its wish to have Japanese investors participate in its ongoing call for tender for 35 maritime oil blocks in the...
Read More

NNPC to Disclose Successful Bidders for Infrastructure Rehabilitation by the End of Q1, 2021

The Nigerian National Petroleum Corporation (NNPC) has announced it will be unveiling the list of successful bidders for the rehabilitation of its critical downstream pipelines, associated depots and terminal infrastructure....
Read More

African Countries Exported Highest Bopd for 10 months to India in August

The world's third biggest oil-importer, India, shipped in about 3.95 million barrels per day (bpd) of oil in August, jumping to the country's highest in 10 months. Recent shipping data...
Read More

Liberian President Issues Ultimatum to LPRC for Report on Remittance of Petroleum Products

A communique from the Executive Mansion of Liberia on Monday, 14th September 2020, stated that Liberia Petroleum and Refining Company (LPRC) has a one-week ultimatum to produce a status report...
Read More

Nigeria: Zenith Energy Submits Bid for Marginal Field to DPR

After announcing last month that it had successfully pre-qualified for Nigeria's Marginal oilfield bid round , Zenith Energy has announced it has officially submitted a technical and commercial bid with...
Read More