Tinubu fires the leadership of Nigeria’s state oil company, appointing a former Shell executive to steer economic and industry improvements.
Nigerian president fires entire board of state oil company Read More »
Seplat Energy plans to invest up to $320 million in new wells and infrastructure to boost oil output to 140,000 bpd following its acquisition of Exxon’s Nigerian assets.
Seplat Energy to invest $320 million as Exxon assets fuel growth Read More »
Libya has announced its first oil exploration bidding round in 17 years to attract foreign investment and boost oil production.
Libya opens first oil bidding round in 17 years Read More »
New chairman Massoud Suleman plans to enhance Libya’s oil output and transparency at National Oil Corporation.
Libya’s oil firm aims to enhance transparency and efficiency Read More »
This comes amid ongoing challenges to oil production in the country.
Libya’s NOC head replaced amidst oil production challenges Read More »
South Sudan, heavily reliant on oil exports, is planning to restart production after the damage to a key pipeline caused by the conflict in Sudan. This move aims to revitalize the country’s economy.
South Sudan aims to restart oil production after pipeline damage Read More »
NOC chief Farhat Bengdara confirms a new exploration bidding round is coming in Libya with oil output hitting 1.4 million barrels per day.
Libya’s NOC plans new oil and gas bidding round this year Read More »
OPEC oil output increased in June despite production cuts by some members, with rising supply from Nigeria and Iran offsetting the planned reductions.
OPEC pumps more than planned in June, Iran oil sales continue Read More »
A revenge attack sparked by a previous cattle raid killed 17 in South Sudan, forcing the evacuation of oil workers from the Toma South oil field.
Seventeen killed in South Sudan cattle raid revenge Read More »
Senegalese opposition candidate backed by a popular figure proposes a new currency, renegotiated contracts, and economic reforms if elected.
Senegal opposition pushes new currency, renegotiates deals Read More »
