Countries Nigerian oil vessel with 10 people aboard catches fire Port Harcourt – A floating oil vessel with 10 crew members on board has caught fire following an explosion in... Read more 3 Feb, 2022
Business Investors agree $10 billion for controversial Uganda oil project Kampala – Chinese and French oil giants sealed a landmark $10-billion deal on Tuesday to develop Uganda’s energy resources... Read more 1 Feb, 2022
Business Top oil producers to meet amid record crude prices London – The world’s top oil-producing countries will meet on Wednesday to discuss a further increase in output, while... Read more 31 Jan, 2022
Environmental Friendly Judge cancels major US oil and gas exploration sale Washington – A judge on Thursday canceled the sale of oil and gas exploration leases of some 80 million acres... Read more 28 Jan, 2022
Business 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
Business 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
Business 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
Business 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 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
Business 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