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August 21, 2017Press 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 […]
June 22, 2017Oil Prices Under Pressure Despite OPEC Efforts
Nigeria's crude oil exports are set to exceed 2 million bpd in August, the highest level planned for 17 months.
March 8, 2016APO Joins AOP 2016 as Official News Wire
APO (African Press Organization), the sole press release newswire in Africa and the global leader in media relations relating to Africa, today announced it has been selected as Official News Wire in Africa by Africa Oil & Power.
January 1, 2019Projects reaching FID in 2019
Oil prices have once again stabilized, and key megaprojects are expected to reach FID in 2019.
December 17, 2018BP Inks Deals to Further Exploration, Development in Angola
The MoUs signed Monday with Sonangol puts the IOC closer to FID on the Platina Field offshore Angola.
December 5, 2018OPEC Meeting: Potential Outcomes
As OPEC gathers for one of its most watched meetings on Thursday, what are the possible outcomes?
November 8, 2018APO
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May 10, 2018AfDB Grants $1.5 million for Jigawa IPP
The development bank approved a $1.5 million grant for the 1GW Jigawa solar project in Nigeria.
May 9, 2018Moody’s: Nigeria’s Banks Stabilize on Oil Price
Nigeria’s banking system is stabilizing, a result of an improving oil price.
April 30, 2018Mission accomplished? The State of the OPEC/non-OPEC Alliance
Some are saying it is mission accomplished for OPEC's deal. Others aren't so sure.