Azikel Petroleum to open 12,000 barrel per day refinery in 2018

Azikel Petroleum to open 12,000 barrel per day refinery in 2018

Friday, 02 December 2016 07:06

Azikel Pet...

OPEC reaches agreement on production cut

OPEC reaches agreement on production cut

Thursday, 01 December 2016 09:17

Oil prices rose above US$50 a barrel following OPEC’s historic agreement at its November 30th Meeting in Vienna to cut production for the first time since the global financial crisis...

African Petroleum exits as ExxonMobil enters Liberia

African Petroleum exits as ExxonMobil en…

Wednesday, 30 November 2016 06:11

The West Africa-focused independent oil and gas exploration company African Petroleum has announced that it will drop its production sharing contracts (PSC) in Liberia after failing to extend its production...

224 companies bid for Nigerian crude oil lifting contract

224 companies bid for Nigerian crude oil…

Wednesday, 30 November 2016 05:23

The Nigerian National Petroleum Corporation (NNPC) has revealed that 224 companies have submitted bids seeking to be awarded contract to purchase and lift its crude oil grades for the 2016/17...

Angola to see economic growth in 2017, IMF report states

Angola to see economic growth in 2017, I…

Wednesday, 30 November 2016 04:39

The end-of-mission report by International Monetary Fund (IMF) Article IV consultation team in Angola states that output growth in the country will pick up by 1.25 per cent in 2017

New catalyst to enhance hydrocracking unit performance

New catalyst to enhance hydrocracking un…

Tuesday, 29 November 2016 08:55

Haldor Topsoe has launched a new nickel molybdenum catalyst HyBRIM with 25 percent improved activity for both nitrogen and sulphur removal to improve diesel and hydrocracking unit performance

Angola to export at least 1.61mn bpd of crude in January 2017

Angola to export at least 1.61mn bpd of …

Monday, 28 November 2016 07:47

A preliminary export plan has shown that Angola are set to export slightly less in January 2017 than what is expected to be exported in December 2016 

Eni presents the World Oil and Gas Review

Eni presents the World Oil and Gas Revie…

Friday, 25 November 2016 07:28

The 15th edition of the World Oil and Gas Review, the annual statistics report on world reserves, showed that Year 2015 proved a slight increase in oil reserves while there...

COPL commences drilling on offshore West Africa

COPL commences drilling on offshore West…

Thursday, 24 November 2016 07:30

Canadian Overseas Petroleum Limited and ExxonMobil have commences drilling on the Mesurado-1 exploration well 

President of Mozambique meets Eni's CEO

President of Mozambique meets Eni's CEO

Wednesday, 23 November 2016 07:39

The President of the Republic of Mozambique, Filipe Jacinto Nyusi, met Eni’s CEO, Claudio Descalzi, in Maputo

Using screw pumps to overcome tank terminal issues

Using screw pumps to overcome tank termi…

Wednesday, 23 November 2016 07:23

Especially in times of unpredictable oil price fluctuations over the recent years, tank terminals are experiencing a boisterous development. All over the world new tank terminals have been built and...

Nigeria economy "could expand 2.5 per cent next year" - Moody's

Nigeria economy "could expand 2.5 p…

Tuesday, 22 November 2016 07:21

A senior Moody's analyst has said that the Nigerian economy could expand by 2.5 per cent in 2017 if it can maintain output at 2.2mn bpd 

Exxon to negiotate US$74bn fine from Chad

Exxon to negiotate US$74bn fine from Cha…

Monday, 21 November 2016 07:52

In October, the High Court of Chad ruled that Exxon Mobil must pay a fine of US$74bn for failing to meet tax obligations and withholding royalties 

Rigzone survey oil professionals to reveal best employer

Rigzone survey oil professionals to reve…

Wednesday, 16 November 2016 07:39

The survey by Rigzone is the first of its kind after the financial depression in 2008 and reveals the best employees in the oil market and the key issues for...

Oxifree Global reveals new Polymelt Service Gun at ADIPEC

Oxifree Global reveals new Polymelt Serv…

Tuesday, 15 November 2016 07:52

Oxifree Global showcased its revolutionary new Polymelt Service Gun (SG1) at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), 7 - 10 November 2016

Tullow Oil cuts spending in West Africa

Tullow Oil cuts spending in West Africa

Friday, 11 November 2016 07:23

It was announced that on 9 November, Tullow Oil was to cut spending and production targets in West Africa 

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