A report by the Organisation of Petroleum Exporting Countries (OPEC) has revealed that Angolan oil production increased again in April, overtaking Nigeria
Angola increases lead over Nigeria as Africa’s top oil producer
Exploration
Oil outages in Nigeria to continue for 'at least the next 12 months'
Nigerian oil output will be affected by major outages for at least the next 12 months after a wave of pipeline attacks, according to a recent report published by PGI Intelligence
Eland to raise US$15mn for Gbetiokun-1 well
Eland Oil & Gas plc has announced that it will raise around US$15mn to fund operations at the Gbetiokun-1 well in Nigeria
Nigeria, the largest oil producer in Africa, says EIA report
The US Energy Information Administration’s (EIA) latest country analysis brief gives insights into Nigeria’s energy sector
Continued oil supply growth "unsustainable", research firm warns
Continued supply growth will become "unsustainable", leading to a supply shortfall of 4.5mn bpd by 2035 unless exploration results start to "significantly" improve, oil supply research firm Wood Mackenzie has warned
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