Search > Oil
December 19, 2018OPEC visits Angola: Oil market stability essential to fighting poverty
Secretary General highlights Angola’s importance in opening OPEC to new members during Luanda visit.
December 18, 2018The MSGBC basin celebrates major oil and gas advances in 2018
A lot of work has been pushed through to implement national hydrocarbon strategies.
December 14, 2018Market Report: Nigeria to grow local content in oil and gas industry
Nigeria to grow local content from 40 percent to 70 percent by 2027 in oil and gas industry.
December 12, 2018Qatar Petroleum, ExxonMobil, enter Mozambique offshore oil blocks
This is the first time Qatar Petroleum has ventured into Mozambique’s offshore fields.
Angola: Eni begins oil production at Vandumbu field
The ramp-up of Vandumbu field will be completed in Q1 2019.
December 11, 2018Eni strikes oil offshore Angola
The discovery is estimated to contain between 170 million barrels and 200 million barrels of light oil.
South Sudan’s Unity Oilfields to Restart Production by End of 2018
Production resumption at South Sudan’s Unity oilfields is on schedule for December 31, 2018.
December 4, 2018Namibia and Angola oil deal scrapped
Proposed talks to import crude oil from Angola have been terminated with no plans of resumption.
December 3, 2018Equatorial Guinea: Oil Producers should ‘Stand Together’
Equatorial Guinea calls for unity amongst oil producers ahead of the 175th Ordinary Meeting of OPEC.
November 30, 2018Market Report: Oil prices fall below $50 a barrel
Oil prices fall below $50 for the first time in over a year amid persistent oversupply concerns.