Nigeria suspends plan to end fuel subsidies
Lagos – Nigeria’s government has suspended a plan to end its costly fuel subsidy programme, saying the timing was not... Read more
25 Jan, 2022
Libya oil company chief appeals for state investment
Tripoli – The powerful head of Libya’s National Oil Corporation on Wednesday decried a lack of state investment in the... Read more
20 Jan, 2022
Libya oil, gas exports hit 5-year high of $21.5bn
Tripoli – Libya’s lifeline oil and gas exports raised revenues of more than $21.5 billion in 2021, the highest... Read more
15 Jan, 2022
Libya oil fields back online after 3-week shutdown
Tripoli – Production has resumed at four key oil fields in war-torn Libya after a three-week shutdown by gunmen linked... Read more
11 Jan, 2022
Algeria energy firm to invest $40bn in five years, says CEO
Algiers – Algeria’s state-owned hydrocarbon firm Sonatrach will invest $40 billion into oil exploration, production and refinement as well as... Read more
4 Jan, 2022
Gunmen shut four Libya oil fields, says NOC
Tripoli – Gunmen linked to Libya’s oil facilities guard force have shut down four key fields in a major... Read more
21 Dec, 2021
Eni and Algeria’s Sonatrach sign $1.4bn oil deal
Algiers – Algeria’s state oil firm Sonatrach signed a $1.4 billion exploration and production deal on Tuesday with Italian major... Read more
15 Dec, 2021
Three killed in attack in Nigeria southern oil region
Port Harcourt – Gunmen killed two Nigerian contractors working for a local subsidiary of Italy’s ENI and a security... Read more
30 Nov, 2021
Senegal president fears ‘fatal blow’ to dreams of gas wealth
Diamniadio – Senegal’s president Macky Sall on Monday firmly opposed ending financing for fossil fuel extraction, saying the move would... Read more
30 Nov, 2021
Libya fighting damages key oil refinery
Tripoli – Libya’s only operational oil refinery was “severely” damaged after gunmen battled for three hours around the complex, the... Read more
28 Oct, 2021
