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October 9, 2018Nigeria sees milestone crude oil production
Increased security in Niger Delta contributed to production increase.
August 17, 2018Market Report: Libyan crude oil output exceeds 1 million bpd
Libya's crude oil production has exceeded 1 million bpd for the first time since June 2018.
March 9, 2018Market Report: Nigeria Reduces Crude Oil Production Price
Nigerian National Petroleum Corporation brings down cost of producing a barrel of crude oil to $20.
July 21, 2017Market 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.
January 20, 2020Uganda to Develop Oilfields Worth $5 Billion
The funding will be used to drill over 500 wells.
January 13, 2020Equatorial Guinea to Increase Oil Output in 2020
A number of new discoveries have been made offshore Equatorial Guinea.
December 13, 2019Market Report: H.E. Minister Mr. Timipre Sylva aims to cut production costs of oil from Nigeria
The Minister of State for Petroleum Resources aims to achieve this through the support of local vendors.
December 9, 2019AFC enters into a Joint Development Agreement with Brahms Oil Refineries
The refinery has a capacity equivalent to one-third of Guinea's demand for refined products.
Market Report: FAR Ltd submits the final field development plan for the Sangomar oil field
Sangomar is expected to yield its first oil in 2023.
November 29, 2019Market Report: Global Oil & Gas sector sees an upstick
Springfield made two discoveries offshore Ghana totaling 1.2 billion barrels of crude.