Shell Petroleum Development Company (SPDC) has lifted a force majeure on exports of Forcados crude oil which had been in effect for more than two months
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Seplat restarts Nigeria asset acquisition negotiations
Seplat Petroleum Development Company (Seplat) has restarted negotiations to acquire an asset in Nigeria’s Niger Delta, a deal in which it had previously faced delays
Uganda to start building oil refinery this year
Construction of an oil refinery in Uganda’s Hoima district is expected to start before December this year, the country’s Ministry of Energy and Mineral Development has said
Rosneft signs supply deal with Egypt
Egypt and Russian oil producer Rosneft have signed two deals for the supply of petroleum products and liquified natural gas to Cairo
Positive trend in West Africa’s crude exports
Renewed and increased export of crude oil to Asia and United States of America has come as a boon for West Africa’s oil sector