Oil Archives - Page 2 of 3

17th November 2020

Nigeria Cuts Over 600,000 barrels of oil per day to meet OPEC+ quota – Minister Sylva

The Nigerian Minister of State for Petroleum Resources, H.E. Timipre Sylva, said that the largest producer of oil on the continent has cut its crude oil production level from over...

16th November 2020

Sudan to Offer 27 Concession Offshore and Land Blocks

The acting Energy Minister of Sudan, Kheiri Abdelrahman, announced on 15th November 2020 that Sudan is going to offer 27 concession blocks through a global bid. Twenty-four of the blocks...

14th November 2020

Cameroon to Explore Oil Basins in its Strategic National Development (SND) for 2020-2030

In the country's development strategy for 2020-2030, the Government of Cameroon aims to boost oil exploration to compensate for the drop in production caused by the maturity of the active...

6th November 2020

Dangote Refinery 80% Complete; Petroleum Products to Hit Market in Q4 2021

Dangote Group has announced that refined petroleum products from its 650,000 per day refinery under construction will be in the market from the last quarter of 2021. Products from its...

28th October 2020

Panoro Energy Completes Side-tracks of Guebiba 10 Well in Tunisia

Panoro Energy has announced the successful drilling and completion of the Guebiba 10 side-track well (Gue-10AST) located in the Guebiba oilfield in Tunisia and part of the Thyna Production Services...

24th October 2020

Morocco Grants One-Year Exploration Permit Extension to Europa Oil and Gas

The National Office of Hydrocarbons and Mines Morocco (ONHYM) has granted a one-year extension on the Inezgane offshore exploration permit to Europa Oil & Gas (Holdings) to afford the company...

19th October 2020

Oil Production in Gabon to Drop by 10,000 bpd in 2021

Gabon oil production in 2021 is to drop by over 10,000 barrels per day, according to the country's budget bill that is currently under review. The drop is credited to...

14th October 2020

Jordan, Iraq and Egypt Discuss Resuscitation of Oil Pipeline Project

The government of Jordan, Egypt and Iraq held discussions on the reviving of an oil pipeline project that would link the three countries. In 2013, Jordan and oil-exporter Iraq signed...

12th October 2020

Ghana: Jubilee Field Reaches 300 Million Barrels of Oil Production – Tullow

The operator of the Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields, Tullow Ghana Limited (TGL), has announced the oil company has achieved a significant milestone of 300 million barrels...

7th October 2020

South Sudan to offer 14 Blocks in Licensing Round as Oil Production Drops to 165,000 BPD

Following a recent decline in oil production by 5,000 barrels, the Minister of Petroleum South Sudan, Awow Daniel Chuang, said the country is planning to offer 14 new blocks for...