NNPCL Exports Utapate Crude Oil Blend

Nigeria’s crude oil production and revenue generation, the Nigerian National Petroleum Company Limited (NNPC), has introduced…

Kenya’s Lawmakers Reject Levy Hike, Approve Crude Oil Regulation

Kenya’s lawmakers have rejected a proposal to amend the Energy Act of 2019 to double the…

Nigeria’s Crude Oil Production Hits 1.8 Million Barrels Per Day

Nigeria’s crude oil production the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant increase…

The World Needs Crude Oil to Electrify Everything – OPEC Secretary General

Haitham al Ghais, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), wrote in a…

Senegal Becomes an Oil Exporter, Delivers First Batch of Crude Oil to Europe

Senegal has delivered its first batch of crude oil to Europe. According to trading sources and…

Libya Emerges Africa’s Highest Crude Oil Producer

Libya has emerged as Africa’s highest crude oil producer following the drop in Nigeria’s output by 6.8 per…

Insurance Companies Opt Out of East African Crude Oil Pipeline

About 28 insurance companies have opted out of the East African Crude Oil Pipeline (EACOP) project…

Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…

NUPRC to Implement PIA, Increase Crude Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it will prioritise the implementation of the…

Dangote Refinery Receives Additional 1m Barrels of Crude Oil

Dangote Refinery received an additional one million barrels of crude oil yesterday. This new addition comes…