Uncategorised Archives - Page 109 of 117

26th June 2020

Nigeria’s President to Flag off the Construction of Ajaokuta-Kaduna-Kano Gas Pipeline on June 30th

The President of the Federal Republic of Nigeria, Muhammdu Buhari, will flag off the construction of a $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline on 30th June, 2020. The Minister of...

26th June 2020

The East African Crude Oil Pipeline Shall Commence in the Second Quarter of 2021

After Total's acquisition of 33.334% of Tullow's oil stake, negotiations on the provisions of a Host Government Agreement (HGA) for the East African Crude Oil pipeline (EACOP) project will commence...

25th June 2020

FAR Senegal Cuts Staff Salaries and May Consider Selling Part or All of its Assets in Senegal

FAR Limited has announced a 20 per cent salary reduction for all senior executives and Non-Executive Directors effective July 1, 2020. It also said that it had made staff redundancies....

25th June 2020

Equatorial Guinea Plans on post-COVID-19 Recovery as it Adopts New Petroleum Regulation

“This new regulation allows Equatorial Guinea to continue being a world reference in the hydrocarbons sector." The Ministry of Mines and Hydrocarbons, Equatorial Guinea has announced the adoption of the...

25th June 2020

Sasol Announces the Activation of its Fifth and Sixth Units in the LCCP

Chemical giant, Sasol, announced on Tuesday that the fifth and sixth units at its Lake Charles Chemicals Project (LCCP) have achieved beneficial operations, which has raised the Louisiana ethane cracker...

24th June 2020

Algeria Appoints New Minister of Energy, Finance and Mines

In a cabinet reshuffle yesterday, the President of Algeria appointed new ministers of Energy, Finance, and Mines. According to an Algeria state television report, former Chief Executive of the state-owned...

24th June 2020

Expert Proposes Alternative to Algerian Government’s Creation of a National Energy Council

The announcement of the President of Algeria, Abdelmadjid Tebboune, that his administration plans to establish a has been met with mixed reactions from various experts. The council, when established, will...

24th June 2020

Nigeria: NNPC Announces Oil Exploration in Bida Basin, as NCDMB Launches BrentPlus

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has announced that the corporation had commenced the exploration of oil in the Bida basin, which comprises eight...

23rd June 2020

Algeria and Libya in Talks for Sonatrach to Resume Oil Exploration Activities in Libya

Officials of Algeria's Sonatrach and Libya's National Oil Corporation are said to be currently holding talks to relaunch Algeria's oil exploration on Libyan soil. The research by the Algerian state-owned company...

23rd June 2020

Moroccan Authorities Give Exploration License to ConocoPhillips Morocco Ventures

In a document signed by former Minister of Petroleum, Amina Benkhadra, and Director of ConocoPhillips Morocco Ventures (CMV), Anne Coleman, ConocoPhillips has been granted an exploration perimeter in the north...