Tag: Oil and gas

OPEC’s output sharply decline amidst Iraq pipeline suspension and Nigeria’s labour strike

Oil production from the Organisation of Petroleum Exporting Countries(OPEC), fell last month…

Nigeria To Explore Alternative Funding Model For Oil And Gas Industry

The Nigerian Upstream Downstream Regulatory Commission, NUPRC says the Nigerian Government has…

Nigeria’s investment in gas soars amid planned petrol subsidy removal

As Nigeria's federal government appear more determined to strike out petrol subsidy…

Fuel shortage slowed down Nigeria’s economy in first quarter of 2023- Report

The fuel shortages that occurred in the first quarter of 2023 slowed…

Mozambique okays resumption of $20billion Cabo Delgado gas project

The president of Mozambique, Filipe Nyusi, has stated that it is safe…

Saipem Secures $400million Contract to Drill Off-shore in Ivory Coast

Italian oilfield services company Saipem has secured a contract valued at $400…

Uganda: Army Embark on Tree planting Exercise in Oil-rich Kikuube District

The Uganda People’s Defence Forces (UPDF), in partnership with Luweero Industries Limited…

Senegal: Russian Oil Price Cap Could Save Africans up to $6billion Annually- US Treasury Secretary

Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food…

Libya’s Gas Export to Italy Resumes at Normal Level After a 4-Day Interruption

Libyan gas exports to Italy resumed on Monday January 9, 2023, at…

Nigeria: Fuel Shortage Imminent as Tanker Drivers Threaten Nationwide Strike

The respite from the long queues at petrol stations across Nigeria following…