Libya generated more than US$5bn revenues from sales of crude oil, gas, condensates and petrochemicals in the second half of this year, noted the countrys national oil corporation (NOC) in one of its social media handles
Industry
Petroleum-fuel dyes and markers market to witness steady growth
The global petroleum-fuel dyes and markers market is estimated to be valued at US$467mn in 2023 and is further expected to witness a steady growth rate of 4.8% CAGR during the forecast period, totalling a valuation of around US$746.3mn by 2033
Africa's pathway to net zero: Energy transition – the clue is in the name
As Africa’s burgeoning economies grow, so does the demand for oil and gas
Prospects of NNPC-Afrexim Bank crude loan agreement continues to be disputed
In a bid to curb the raging inflation in Nigeria, the NNPC Ltd has sought the support of Afrexim Bank through a US$3bn Emergency Crude Repayment Loan
UNOC, Petroleum Authority of Uganda organise engagement activities with cultural institutions
The Katikkiro of Buganda, Charles Peter Mayiga, has explicitly expressed his unwavering support for Uganda’s oil and gas projects, countering the discouragement some have expressed regarding oil production in Uganda