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