Ghana Encouraged to Diversify and Focus on Other Sectors
The effect of the COVID-19 pandemic on the global oil sector, which has led to a fall in oil prices, is allowing Ghana an opportunity to re-strategize from its dependence...
Read More 
New IEA Reports Predict Energy Investments May Fall by One-Fifth in 2020
The International Energy Agency has recently released the fifth edition of its annual World Energy Investment report, where it looks at the effect of the COVID-19 pandemic and its impact...
Read More 
Recent Purchase in Asia Indicates Demand for Oil is Gradually on the Rise
According to reports, crude oil buyers in Asia are purchasing distressed cargoes of oil from Africa to the Middle East. This is a sign that the oil market is gradually...
Read More 
Angola Executes Farm-in Agreement with Melbana Energy
Sonangol Group (Grupo Sonangol), the state-owned company tasked with overseeing the affairs of petroleum and natural gas production in Angola, has executed a farm-in agreement with Australian oil and gas...
Read More 
APPO Member Countries Showing Impressive Oil Price Recovery
Africa's biggest oil exporter and African Petroleum Producers Organization (APPO) Member Country, Nigeria, has been recording an impressive rise in the price of its crude oil over the past few...
Read More 
Barkindo Enjoins OPEC Members and Allies to Adhere to Production Cut Agreement
The Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Mr Mohammed Barkindo, in a chat with Energy Intelligence, on Tuesday, urged its member countries not to flout the oil...
Read More 
Central Energy Fund and Sasol Deny Talks Over Asset Take Over
The Central Energy Fund and Sasol have denied reports that there are talks to take over Sasol's petrol stations, despite the report by Business Day on Monday and a parliamentary...
Read More 
Google to Stop Development of New AI Solutions for the Production of Fuel
Technology giant, Google, announced last week that it would stop developing new artificial intelligence solutions that helped the oil and gas industry to accelerate the production of fossil fuels. This...
Read More 
NNPC Denies Regional Favouritism as Basis for Employment
The Nigerian National Petroleum Commission (NNPC) has been on the receiving end of criticism from Nigerians, especially some Niger Delta leaders and groups, for allegations that it had retrenched some...
Read More 
The Restart of ‘Libya’s Global Oil Boom’ Still Uncertain
With 46.6 billion barrels as at a decade ago, oil reserves in Libya were the largest in Africa and among the ten largest in the world. A production rate of...
Read More