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South Sudan Announces First Ever Energy Event
South Sudan Oil & Power 2017 will be held on October 11-12 in Juba.
August 21, 2017
The Buzz: This Week in Africa
Top Stories: Nigeria to Rehab Transmission Network; The Gambia Offers Blocks for Open Licensing
Press Release: Fortuna FLNG Offtake Awarded to Gunvor
The Ministry of Mines and Hydrocarbons of Equatorial Guinea (“MMH”), Ophir Equatorial Guinea (Block R) Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial (“GEPetrol”) have nominated [Gunvor Group Ltd (“Gunvor”)] as its preferred LNG Buyer for offtake from the Fortuna FLNG project. All parties have agreed the principal commercial terms subject […]
August 18, 2017
Market Report: NNPC Reduces Cost of Oil Production
The Nigerian National Petroleum Corporation cut the cost of oil production from $78 to $23 per barrel.
August 14, 2017
The Buzz: This Week in Africa
Top Stories: Uganda Selects Western Consortium to Build Refinery; Tullow Oil Explores Zambia
August 11, 2017
Market Report: Gunvor Keen on Fortuna FLNG
Gunvor Group is interested in financing Equatorial Guinea's Fortuna FLNG project.
August 10, 2017
Africa Energy Series: Nigeria’s Gas-to-Power Sector Explored
The latest Africa Energy Series is set to air this year on CNBC Africa.
August 7, 2017
The Buzz: This Week in Africa
Top Stories: Construction Starts on Uganda-Tanzania Crude Pipeline; NNPC Signs Financing Deals
August 4, 2017
Market Report: Producers Need to Cut Costs
Nigeria producers may need to cut production costs to compete with the world's lowest-cost producers.
July 31, 2017
The Buzz: This Week in Africa
Top Stories: Wood Mac Reports Upstream FID on Track to Double in 2017; Oil Could Boost Uganda Economy
July 28, 2017
Market Report: Boundary Dispute Delays Ghana Drilling
Tullow Oil plans to drill offshore Ghana after maritime boundary dispute is resolved.
July 24, 2017
The Buzz: This Week in Africa
Top Stories: Kuwait Grants $27m to Djibouti Geothermal Project; Russia Wants Nigeria, Libya to Join OPEC Deal
July 21, 2017
Market Report: Nigeria to Explore Crude Oil Sales to Africa Markets
Dr Ibe Kachikwu announced that Nigeria would explore crude oil sale possibilities to the African markets.
July 17, 2017
The Buzz: This Week in Africa
Top stories: Ghana Increases Oil Production; Nigeria Not Onboard with OPEC Production Cuts
Cameroon, Eq. Guinea to Jointly Develop Gas Fields
Cross border gas discoveries to be developed as a single resource.
July 14, 2017
Market Report: Another Successful Oil Well in Senegal
The weekly Market Report is provided by Gladius Commodities of Lagos, Nigeria. Download the full report here and learn more about Gladius Commodities at www.gladiuscommodities.com. Nigeria The Nigerian National Petroleum Corporation (NNPC) has promised continuous availability and supply of petroleum products despite the challenges in the downstream petroleum sector. This statement was made by the NNPC Group Managing […]
July 12, 2017
Bioko Oil Terminal Project to Break Ground by 2018
New storage capacity on a massive scale on Africa’s west coast.
July 11, 2017
South Sudan Announces First Ever Energy Event
South Sudan Oil & Power 2017 will be held on October 11-12 in Juba.
July 8, 2017
Market Report: The Gambia to Begin Oil Exploration in 2018
The Gambia issued a permit to FAR Ltd. to drill Erin Energy’s offshore A2 and A5 blocks.
July 7, 2017
The Buzz: This Week in Africa
Top Stories: African Petroleum Shares Plunge After Gambia Talks Dissolve; Tullow Oil Farms-Out Namibia Shares
June 30, 2017
Market Report: France to Invest in Nigeria
The French government has set aside a one billion Euro investment fund for Nigerian oil and gas.
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