Uncategorised Archives - Page 113 of 118

8th June 2020

El Feel and Sharara Oilfields Resume Production in Libya after 142 Days

The Libyan National Oil Corporation (NOC) announced the resumption of oil production at the nation’s biggest oilfields located in the Western region – the Sharara, and El Feel fields. This...

6th June 2020

Report and Agreement of the 179TH OPEC Meeting on 6TH June 2020

The 179th meeting of the Organization of the Petroleum Exporting Countries (OPEC) was held via e-conferencing today, 6th of June, 2020, under the leadership of its president, Mohamed Arkab, Minister...

6th June 2020

Ivory Coast to Increase Butane Gas Storage Sphere from 4,000 to 6,000 Tonnes in 2021

The Ivory Coast Oil Management Company (GESTOCI) has launched the commencement of the construction of a new 2,000-tonne butane gas storage sphere. If completed, it will increase the total storage...

6th June 2020

Benin Considering Setting up an Oil Refinery

Benin is stepping up plans to set up an oil refinery. It has reportedly established a partnership, with responsibility for evaluating the requirements and viability of the project. On Wednesday,...

6th June 2020

Aker Energy Shifts Towards a Phased Development Approach for Pecan Oilfield

Aker Energy, a subsidiary of Aker SA, which aims to be "Building the oil and gas operator of choice in offshore deep waters of Ghana," has announced that it is...

5th June 2020

Nigeria’s Petroleum Price Now Determined by Market Forces

The Petroleum Products Pricing Regulatory Agency (PPPRA) of Nigeria has removed the cap on the price of petrol in the county. A signed document by the Executive Secretary of the...

5th June 2020

GMA, Navy and Marine Police are Jointly Combatting Illegal Bunkering in the Western Region

The Deputy Director and Manager in charge of the Ghana Maritime Authority in the Western Region, Captain William Eson Thompson, said in a collaborative effort with the Navy and the...

5th June 2020

South Africa Adjusts Price of Petrol, Diesel and Other Illuminating Paraffin

The Minister of Mineral Resources and Energy in South Africa, Mr Gwede Mantashe, announced adjustments in fuel prices which went into effect from 3rd of June, 2020. The country's oil prices...

4th June 2020

Tullow’s Early Oil Pilot Scheme in Kenya Ends, Allowing for Full Field Development

Oil and gas producer, Tullow Oil's contract for the Early Oil Pilot Scheme in Kenya has expired after being active for two years. In 2012, the London-listed company discovered a...

4th June 2020

There has Been No Crude at Indeni Refinery for Over 60 Days

The Indeni Petroleum Refinery, located in Zambia's industrial city of Ndola with a capacity to refine 24,000 bbp/d of crude oil and process 1,200,000 tonnes of feedstock annually, has reportedly...