The Nigerian National Petroleum Corporation (NNPC) has said the nation’s current crude oil production has risen to 2.35 million barrels per day (bpd). Its Group Managing…
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the four major investments it recently embarked upon with key upstream joint venture partners are capable of…
The Sharara oil field in Libya, which has been producing over 250,000 barrels of oil per day, has resumed pumping after a few days of being shut…
Uganda has confirmed that an agreement is in place with General Electric for the construction of the country’s first oil refinery. Government geologists estimate Uganda’s oil…
The Nigerian National Petroleum Corporation (NNPC) has said the West African Gas Pipeline (WAGP) would be extended from Ghana to Ivory Coast as part of the…
Total oil on Wednesday said that it would boost the Nigeria’s daily oil production by 200,000 barrels from 2018. Mr Nicolas Terraz, Managing Director of Total…
British Petroleum’s (BP) second-quarter profit dipped but beat forecasts after an exploration write-off in Angola, while a 10 percent rise in oil and gas production from…
Nigeria has confirmed that is heavily reliant on the Dangote refinery to fulfill its promise of ending fuel importation by 2019, and as such has asked…
Tullow Oil has recorded a loss after tax of $300 million for the first half of 2017 due to the falling oil prices. The figure represents…
Nigeria, arguably Africa’s largest oil producing nation, has agreed to cap its oil production at 1.8m barrels per day after an extensive meeting of OPEC and…
