Business WATCH | Shortages causing fury among Nigerians ahead of elections Lagos – Muhammed Bazza has been queueing for petrol under the blazing sun for four hours, while Alexander Okwori... Read more 1 Feb, 2023
Business PICS | Uganda launches first oil drilling programme Hoima – Uganda on Tuesday officially launched an oil drilling programme as it seeks to join the club of... Read more 25 Jan, 2023
Business Uganda issues licence for $3.5 billion oil pipeline Kampala – Uganda has issued a licence for the construction of a controversial $3.5 billion pipeline set to carry... Read more 21 Jan, 2023
World Russia says may cut oil output following price cap Moscow – Moscow could cut oil production by up to seven percent in early 2023 following an oil price... Read more 23 Dec, 2022
Countries Libya tells foreign energy firms it’s safe to return Tripoli – Libya’s state energy firm urged its foreign oil and gas partners to resume exploration and production on ... Read more 7 Dec, 2022
Countries Nigeria gunmen kill three policemen, kidnap oil executive Port Harcourt – Gunmen have killed three police escorts and abducted a local oil executive in southern Nigeria’s petroleum-producing... Read more 25 Nov, 2022
Business WATCH | Nigeria inaugurates first oil and gas project in north Abuja – Nigeria began drilling for oil and gas in the northeast on Tuesday, a first for the African... Read more 23 Nov, 2022
Business Nigeria court arraigns foreign tanker crew over suspected oil theft Port Harcourt – A court in Nigeria’s oil hub city Port Harcourt has arraigned 16 foreign crew from an... Read more 16 Nov, 2022
Angola Large hydrocarbon deposit discovered off Angolan coast Luanda – A large hydrocarbon deposit has been discovered off the shore of Angola’s capital Luanda at a site... Read more 8 Nov, 2022
Countries Libya aims to nearly double oil output by 2027: NOC head Tripoli – Libya is aiming to nearly double its oil output to two million barrels per day by 2027,... Read more 2 Nov, 2022