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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Demand for Jet Fuel and Benzene has significantly Dropped – Ethiopian Petroleum Supply Enterprise

The Ethiopian Petroleum Supply Enterprise (EPSE) said that the demand for petroleum products in the country had significantly dropped since the COVID-19 pandemic began. The Chief Executive Officer of the...
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Mozambican Government Announces a Reduction in Prices of Diesel, Kerosene and LPG

The Ministry of Mineral Resources and Energy, Mozambique has announced a reduction in the prices of diesel, kerosene and LPG cooking gas. The new prices took effect from Friday, 19th...
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Ghana Gas, Others Default on Payment into the Petroleum Holding Fund – Ghanaian AG

In his report to the Ghanaian parliament, Daniel Yaw Domelevo, the Auditor General (AG) of the country, stated that the Ghana National Gas Company (Ghana Gas) and four others have...
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