Illegal oil refineries destroyed by Nigerian military

Illegal oil refineries destroyed by Nigerian military

Monday, 27 February 2017 07:46

The News A...

Lake Oil cleared to acquire petroleum retail business Hashi Energy

Lake Oil cleared to acquire petroleum re…

Wednesday, 22 February 2017 07:57

Tanzania's energy firm Lake Oil has been cleared and is set to acquire the petroleum retail business of Hashi Energy, adding to Lake Oil's existing gas distribution business in Kenya

TechSci: African industrial valve market to surpass US$4bn by 2021

TechSci: African industrial valve market…

Wednesday, 22 February 2017 07:36

According to a recently published TechSci Research report "Africa Industrial Valves Market By Type, By End User, By Country, Competition Forecast and Opportunities, 2011 - 2021", industrial valves market in...

Optimism despite low oil prices at IP Week

Optimism despite low oil prices at IP We…

Wednesday, 22 February 2017 07:13

The low oil price environment is here to stay - that was a common a prediction among speakers at the African sessions at IP Week, held in London this week

West African nations are flooding Asian markets with crude as Angola becomes top exporter

West African nations are flooding Asian …

Tuesday, 21 February 2017 07:49

February 2017 was the largest amount of crude sent from West African oil producers to Asia in the last five year

Rosneft sign investment and crude-purchasing agreement with Libya's National Oil Corp

Rosneft sign investment and crude-purcha…

Tuesday, 21 February 2017 07:09

Rosneft are the latest oil company to return to Libya and Africa's largest reserves as they sign an exploration and production deal 

Lekoil starts continous production at Otakikpo production

Lekoil starts continous production at Ot…

Monday, 20 February 2017 07:57

Lekoil announced that further to its previous announcement on 8 December 2016, the six kilometre offshore pipeline leading from the storage tanks to the tanker offloading manifold has been completed and...

Eni starts production of East Hub Development Project, offshore Angola

Eni starts production of East Hub Develo…

Wednesday, 15 February 2017 07:29

Eni has started production from the East Hub Development Project, deep offshore Angola, five months ahead of development plan estimates and with a time-to-market among the best in the sector

BW Offshore are to operate the Kudu license offshore Namibia

BW Offshore are to operate the Kudu lice…

Monday, 13 February 2017 07:38

BW Offshore have signed a farm-out deal to become the operator of the Kudu license offshore Namibia with a 56 per cent stake

Lekoil: Oil flows to storage tanks at Otakikpo Marginal Field

Lekoil: Oil flows to storage tanks at Ot…

Thursday, 09 February 2017 07:56

Lekoil, the Nigerian oil and gas company, announced that oil is flowing at the Otakikpo Marginal Field to onshore storage tanks where it is to be evacuated upon completion of...

Eni respond to media speculation regarding OPL 245 in Nigeria

Eni respond to media speculation regardi…

Thursday, 09 February 2017 07:15

Eni have released a statement on 8 February stating that its board of directors are free of any involvement in the alleged corruption in the 2011 acquisition of OPL 245...

Actemium awarded offshore maintenance contract from Total E&P Angola

Actemium awarded offshore maintenance co…

Wednesday, 08 February 2017 07:05

Actemium Angola and Actemium Oil and Gas Maintenance have been awarded an offshore multidisciplinary maintenance contract by Total E&P Angola

Nigeria's oil-for-fuel swaps save US$500mn

Nigeria's oil-for-fuel swaps save US$500…

Tuesday, 07 February 2017 07:38

The Nigerian National Petroleum Corporation (NNPC) released a statement last week stating that its Direct Sale of Crude Oil and Direct Purchase of Products (DSDP) programme has saved over US$500mn...

China hits record-breaking amount of West African oil bought in February

China hits record-breaking amount of Wes…

Tuesday, 07 February 2017 07:36

China's crude oil buying will push its February loadings of West African crude to their highest in at least 13 years, a Reuters survey a showed on 3 February

BP experience a fall in share price as they announce Q4 results

BP experience a fall in share price as t…

Tuesday, 07 February 2017 07:10

BP's share price fell by 2.4 per cent on the morning of 7 February as it reported a fourth-quarter profit of US$400mn, US$160mn short of what analysts at Reuters were...

FPSO vessel integral to Vitol, Eni and GNPC development of Sankof Gye Nyame fields in Ghana named

FPSO vessel integral to Vitol, Eni and G…

Monday, 06 February 2017 07:23

The Floating Production, Storage and Offloading (FPSO) vessel “John Agyekum Kufuor”, was named on 3 February by Ghana’s First Lady, H.E. Rebecca Akufo-Addo, after Ghana’s President Emeritus, H.E. John Agyekum Kufuor

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