Posts

Africa: Africa Oil Targets Earnings From Nigeria’s OML 127, OML 130/in /by
[Leadership] Africa Oil Corp(AOC) is projecting multiple attractive development, appraisal and infrastructure-led exploration opportunities on both OML 127 and OML 130, which it said, presents low-risk, short-cycle investment opportunities that have very attractive rates of returns.
Kenya: Kenya Considers Deferring Fuel Payments Due to Dollar Shortages/in /by
[Capital FM] Nairobi -- Energy Cabinet Secretary (CS) Davis Chirchir has said that the government will ask for up to a year to pay for imported petroleum products amid dollar shortages in the country.
Uganda: French Court Throws Out Case Against East African Oil Project in Uganda/in /by
[Nile Post] A French court has dismissed a case filed by NGOs against TotalEnergies over the East African Oil project in Uganda and Tanzania.
Africa: Oil Corporation to Lead Climate Change Talks in 2023/in /by
[IPS] Quito, Ecuador / La Paz, Bolivia -- The Chief Executive of the twelfth largest oil producer - Sultan Al Jaber of Abu Dhabi National Oil Company (ADNOC) - has been appointed as president of the United Nations Framework Convention on Climate Change's (UNFCCC) COP28, the biggest climate change conference that will take place in November, 2023 in the United Arab Emirates (UAE).
Nigeria: Tougher Times for Nigerians As Kerosene Price Rises By 163%, Petrol By 54%/in /by
[This Day] There appears to be no respite for Nigeria's poor and vulnerable whose main source of cooking fuel is kerosene, with the price of the product rising by a whopping 163 per cent year-on-year to N1,153.40 per litre in January this year.
Nigeria: Nigeria’s Gas Export Slumps to 1m Tonnes, Lower Than Algeria/in /by
[Leadership] Nigeria's gas export dropped to one million tonnes in January, representing 35 per cent decline year on year, and lower than export volumes by Algeria.
Nigeria: Why Nigeria’s Oil Sector Will See Significant Growth in 2023 – Anderson/in /by
[This Day] *Predicts devaluation of the naira to close gap between black market, official rates
Nigeria: Oil Production Decline Shrinks Nigeria’s Economic Growth/in /by
[Leadership] Oil theft coupled with deferred investment in Nigeria's oil industry has caused Nigeria's economy growth to slow to 3.52 per cent in the fourth quarter from 3.98 per cent a year earlier.
Tanzania: Tanzania Approves Controversial Oil Pipeline Despite Environmental Concerns/in /by
[RFI] Tanzania has approved the construction of a pipeline that would allow Ugandan oil to be delivered to international markets, dismissing environmental concerns about the project as "propaganda".
Nigeria: We’ve Prevented Over Three Million Barrels of Crude Oil Theft in Five Years – NSA Monguno/in /by
[Premium Times] The NSA said the crime was perpetrated within Nigeria's Exclusive Economic Zone (EEZ) up to the Republic of Togo.