APPO stands by OPEC cutting production by 2%

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The secretary-general of the African Petroleum Producers Organisation (APPO), has come out in support of the recent decision by the Organisation of Petroleum Exporting Countries (OPEC) to cut production by around 2%, on the sidelines of Africa Oil Week in Cape Town

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Eni acquires bp's Algeria business

Onshore oil jack reduced AdobeStock 181961238Eni has agreed to acquire bp's upstream business in Algeria, including the two gas-producing concessions 'In Amenas' and 'In Salah' (45.89% and 33.15% working interest respectively)

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AMD Energy completes 17th lifting at Nigerian offshore oilfield

AdobeStock 82586872ADM Energy PLC, a natural resources investing company, is pleased to announce the completion of the 17th lifting at the Aje Field, part of OML 113 offshore Nigeria

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Afreximbank will lead commercial discussions at the fifth edition of SSOP

AfribankAfreximbank have decided to lead commercial discussions at the fifth edition of South Sudan Oil & Power (SSOP) 2022 by participating in a special high-level panel discussion alongside the Trade and Development Bank, together with regional banks and pan-African institutions, including invitees Stanbic and the African Development Bank

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Establishing a highly competitive domestic hydrocarbons market in Nigeria

Establishing 20 JulyNigeria represents one of the continent’s most mature oil and gas markets as well as the second largest oil producer in Sub-Saharan Africa

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