China Plans to Switch to Cleaner Natural Gas
After China's GDP fell by 6.8 per cent during the first quarter, a situation that emerged due to the COVID-19 pandemic, the country has proven that it is focused by...
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Oil Prices Climb as China’s Imports Hit an All-Time High, While U.S Producers Hope for Higher Prices
Oil prices climbed high on Monday after the agreement by OPEC+ on Saturday to extend the current production cut deal until the end of July, and China's crude imports hit...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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