Egypt Announces New Oil Discovery in the Gulf of Suez
The Ministry of Petroleum and Mineral Resources in Egypt has announced on Thursday, 18th June, 2020 the discovery of new oil in the shallow waters of Geisum concession south of...
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Equatorial Guinea still in talks with Lukoil on Development of Block EG-27
The Ministry of Mines and Hydrocarbons, Equatorial Guinea has announced that it is continuing discussions with Russian Energy giant, Lukoil, on the development of offshore block EG-27. The country was...
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The Nigerian Senate Committee on Petroleum Resources Reacts to NNPC GMD’s Revelations
The Chairman Senate Joint Committee on Petroleum Resources (Upstream and Downstream), Senator Sabo Muhammad, reacted to the presentation of the country's Group Managing Director of the NNPC during the interactive...
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Several Problems in Nigeria’s Petroleum Sector and Lasting Solutions – NNPC GMD
During an interactive session on "Exiting Petroleum Subsidy: Ensuring Self-Sufficiency in Domestic Refining of Petroleum Products" organised by the Senate Joint Committee on Petroleum Resources (Upstream and Downstream) on 16...
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Zenith Energy Announces Intention to Partake in Nigeria’s Marginal Field Bid Round
International oil & gas production company, Zenith Energy, has announced that it is participating in the 2020 Marginal Field Bid Round exercise in Nigeria being organised by the country's Department...
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African Petroleum Producers’ Organization Concludes 38th Council of Ministers Meeting
The Council of Ministers of the African Petroleum Producers' Organization (APPO) held a virtual meeting on 15th June, 2020 as earlier reported. The meeting had in attendance ministers and representatives...
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Tullow Awaits Approval from Ugandan Government to Complete Deal with Total
After completing its agreement with French oil and gas company, Total, over the transfer of its entire interests in Blocks 1, 1A, 2 and 3A in Uganda, and the proposed...
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EPRA Announces New Pump Prices in Kenya
The price of petrol in Kenya has increased by 5.77 Kenyan Shilling, while the prices of diesel and kerosene dropped by 3.80 and 17.31 Kenyan Shilling per litre respectively. In...
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Nigeria’s NNPC Publishes Financial Statement for 2018
The Nigerian National Petroleum Corporation (NNPC) has released audited financial statements for the first time to the public. This is in a bid to promote transparency in its operations. The...
Read More African Petroleum Producers Organization Holds Extraordinary Session of Ministers
The Council of Ministers of the African Petroleum Producers Organization (APPO) is expected to convene in a virtual meeting by 2pm Nigerian time today, Monday 15th June 2020. The meeting...
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