Uncategorised Archives | Page 116 of 118

28th May 2020

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...

27th May 2020

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...

26th May 2020

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...

26th May 2020

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...

25th May 2020

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...

23rd May 2020

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...

23rd May 2020

Total Secures Mozambican Gas Deal

French energy giant, Total, is reported to have secured Africa's biggest investment – A $14.4 billion funding for its liquefied natural gas (LNG) export project in Mozambique. The financing deal...

22nd May 2020

Governorate of Medenine to Evacuate Fuel From the Coast of Djerba

The governor of Medénine, Habib Chaouat, told Tunis Afrique Press on Thursday, May 21 that an operation to evacuate ten tonnes of oil from a foreign freighter, which was stuck...

22nd May 2020

Somalia Calls for Initial Bids for Oil Blocks

The Federal Republic of Somalia has officially opened the first round of bidding for oil exploration in the country, said to be run under the Somali Petroleum Law as well...

22nd May 2020

Sudan Expecting New Oil Deal Agreement from South Sudan

The COVID-19 pandemic seems to have done more than pose a threat to oil-producing nations; it is surprisingly building stronger ties between South Sudan and Sudan, according to reports. According...