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January 18, 2019Saudi Arabia announce plans to build oil refinery, petrochemicals plant in South Africa
The construction is part of a $10 billion investments drive into the country.
December 6, 2019Saudi Aramco Makes History with $25.6 Billion IPO
The amount makes it the world's largest IPO recorded to date.
November 16, 2018Market Report: Oil prices continue to fall
NNPC commended Saudi Arabia’s recent decision to cut crude oil production by one million bpd.
June 15, 2017Nigeria & Libya, Exempt from OPEC Deal, Drive Up Production
Nigeria and Libya, exempt from cutting output, is seen to be undermining efforts led by Saudi Arabia.
January 10, 2020MARKET REPORT: NIGERIA SIGNS GAS EXPANSION DEAL
Nigeria has signed a major gas expansion deal which according to Nigeria LNG.
January 8, 2020Egypt Awards Shell, Chevron and Mubadala Exploration Rights
The concessions cover a total acreage of 10,000km2.
December 9, 2019Market Report: FAR Ltd submits the final field development plan for the Sangomar oil field
Sangomar is expected to yield its first oil in 2023.
December 1, 2019Nigeria Oil Minister: ‘Our Commitment to OPEC-Non-OPEC Agreement is Total’
The following statement was provided by the Office of the Minister of State for Petroleum Resources Nigeria has given assurance of its total commitment to the full implementation of the Agreement entered into by OPEC and 10 Non-OPEC Member States, also known as the OPEC plus or the Declaration of Cooperation (DoC) Countries. In a […]
November 22, 2019Market Report: Possible extension on output-cuts in mid-2020
OPEC and its allies are likely to extend output cuts until mid-2020.
November 20, 2019Making our own luck: What Africa’s future LNG producers can learn from Qatar in the era of Billions at Play
NJ Ayuk, an experienced oil and gas dealmaker discusses lessons Africa’s LNG market can learn from Qatar.