Downstream

US$2mn pre-IPO fund raised ahead of Africa oil and gas drilling

solo heUK-based Africa-focused oil and gas company Solo Oil plc has reported continued progress by its investee company Helium One Limited (He1), the pure-play helium explorer in Tanzania

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Oil price sees a rise ahead of OPEC meet

oil price opecOil price has increased by one per cent in the early market trading at the forefront of OPEC meeting in Vienna today, as uncertainty prevails whether OPEC and non-OPEC countries would agree on increasing crude output

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Somoil renews 300km crude oil pipeline in Angola

gasppThe Angolan Oil Company (Somoil) has renewed 300km of crude oil pipeline network in Soyo Municipality, situated in the northern Zaire Province

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NNPC calls for simplified fiscal terms for oil and gas

nnpc billThe Nigerian National Petroleum Corporation (NNPC) has urged the government to simplify the fiscal provisions in the Petroleum Industry Fiscal Bill (PIFB) to ensure easy implementation of the law for developing oil and gas industry

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Vitol-led consortium to buy Nigeria’s oil and gas assets

vitol petro 19A consortium led by the Netherlands-based oil trader Vitol is planning to acquire stakes in Nigerian offshore fields, which are held by Brazil's Petrobras and its partners

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