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Nigeria: NOSDRA Confirms Oil Spill From Aiteo’s Field in Bayelsa
[Premium Times] The leak occurred on Monday.
Nigeria: Aiteo Temporarily Shuts Down Nembe Oil Field After Leak
[This Day] Abuja -- Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture on OML 29, Wednesday confirmed it had detected an oil leak at its Nembe swamp facility in OML 29, Nembe Kingdom, Bayelsa State.
Angola: Sonangol and Chevron Sign Contracts for Oil Exploration in Lower Congo
[ANGOP] Luanda -- Sonangol and Cabinda Gulf Oil Company Limited (CABGOC), Chevron's subsidiary in Angola, on Tuesday in Luanda signed two 'Risk Services Contracts' for the concession of blocks 49 and 50, both in the Lower Congo Basin, considered a risk zone for oil exploration.
Nigeria: TotalEnergies Marketing Shareholders Approve N8.49bn Dividend
[Vanguard] Shareholders of TotalEnergies Marketing Nigeria Plc have approved the proposed final dividend of N8.49 billion, amounting to N25.00 per share, for the financial year ended December 31, 2023.
Nigeria: Oil Block Licencing – NUPRC Extends Deadline for Pre-Qualification Registration
[Premium Times] The NUPRC says the registration and submission of pre-qualification documents, initially scheduled to close on 25 June, has been extended.
Kenya: 25% Excise Duty On Vegetable Oil to Be Scrapped
[Capital FM] Nairobi -- The government is proposing the removal of a 25 percent excise duty on vegetable oil under the Finance Bill 2024.
Nigeria: Oil Block Licencing – NUPRC Extends Deadline for Pre-Qualification Documents Submission
[Vanguard] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of pre-qualification documents for the 2024 oil block licensing round.
West Africa: Senegal Joins Oil-Producing Countries, Begins Production
[Daily Trust] Senegal has officially joined the list of oil-producing countries in West Africa, marking a significant milestone in the country's economic history.
Nigeria: New Report Says Nigeria’s Liquefied Natural Gas Expansion Drive Faces Severe Future Risks
[This Day] Although Nigeria is embarking on massive expansion of its Liquefied Natural Gas (LNG) footprint with many big ticket projects, like the Train-7, there are several risks to be surmounted by the country, a new report has said.
Nigeria: Middlemen Take Advantage As Several Factors Limit Palm Oil Production in Akwa Ibom
[Premium Times] The locals produce palm oil in large quantities but make little money compared to the middlemen.