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Nigeria: 2024 Oil Bid Round – Stakeholders’ Advocacy Tilts Towards Promoting Local Participation/in /by
[Leadership] There is an ongoing push recommending good corporate governance structure among indigenous oil companies to give them better opportunities to participate successfully in the 2024 oil bid round.
Nigeria: I Have Paid $2.4 Billion of $5.5 Billion Borrowed to Build Refinery, Eyes Steel Production – Dangote/in /by
[This Day] Africa's richest person and founder of the Dangote Group, Mr Aliko Dangote, yesterday disclosed that he had already offset about $2.4 billion of the $5.5 billion he borrowed to build his $19 billion refinery located near Lagos.
South Sudan: With Oil Exports Disrupted, What Lies Ahead for South Sudan?/in /by
[Crisis Group] In this episode of The Horn, Alan is joined by Edmund Yakani, executive director of the Community Empowerment for Progress Organization, to discuss new political talks in Kenya and whether South Sudan can weather a sudden plunge in oil revenue.
West Africa: Nigeria’s Crude Oil Export Rises Over 50 Percent, Hits $15.4tn in Q1/in /by
[This Day] Abuja -- Nigeria's crude oil production made significant recovery in the first quarter of 2024, with the country raising its export of the commodity by 50.2 per cent to N15.4 trillion during the period.
Nigeria: Savannah Announces 23,600bpd Oil Production, $260.9m Earnings/in /by
[This Day] Savannah Energy Plc, a British independent energy company operating in Nigeria has announced its performance for last year, with its production total revenues as at December 31 2023 standing at $260.9 million, 11 per cent ahead of previously issued guidance of greater than $235 million.
Nigeria: NNPC Disclaims N3.3trn Report On Alleged Inflated Subsidy Claims/in /by
[Daily Trust] The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclaimed a report in a section of the media alleging that it inflated subsidy claims by N3.3trillion.
Tanzania: East Africa Pipeline Project Paid Compensation to 99% of ‘Project Victims’/in /by
[Daily News] The East Africa Crude Oil Pipeline Project (EACOP) has completed 99 percent of compensation payments for project victims in the lake zone.
Benin: Benin-Niger Oil Export Row Flares Again/in /by
[DW] Niger has accused Benin of kidnapping five oil workers, while Benin claims the men entered a sensitive oil terminal illegally.
Senegal: Senegal Joins Oil-Producing Nations With Launch of First Offshore Field/in /by
[RFI] Senegal has joined the ranks of oil-producing nations with Australian company Woodside Energy on Tuesday announcing the start of production in the West African country's first offshore project.
Nigeria: More Oil Blocks Discovered As Govt Promises Transparency in Bid Process/in /by
[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has identified additional oil blocks beyond the 12 initially made available for bidding.