Egypt increases gas prices by 75%, part of austerity measures
The Egyptian government on Saturday raised gas prices for households and businesses by between 33.3 and 75 percent, the latest move in an IMF-backed austerity […]
Gas
Nigeria oil reform bill to establish powerful industry regulator
Nigeria’s government under a legislation—known as the Petroleum Industry Bill (PIB)—will soon create a powerful energy regulator with broad oversight of the oil and gas […]
Mauritania, Senegal ink offshore gas exploitation deal
Mauritania and Senegal last week signed an intergovernmental cooperation agreement on the joint exploitation of the cross-border offshore gas field Turtle/Ahmeyin. The Greater Turtle Complex, […]
Morocco, Nigeria Turning Africa’s Dreams into Reality
Morocco and Nigeria, two major African regional powers, are enhancing their strategic alliance in a bid to turn the cherished African dreams into tangible reality. […]
Ghana: massive gas explosion left over 100 people injured
A gas explosion in the Ghanaian industrial city of Takoradi has left over 100 people injured on Tuesday during discharge of liquefied petroleum gas (LPG). […]
Nigeria: Exxon Mobil Closes Doors in Lagos over Workers’ Protest
U.S. oil giant Exxon Mobil’s headquarters in Lagos has been shut down, after protesters besieged the company’s offices, protesting the sacking of 150 Nigerian workers. […]
Moroccan-Nigerian Cooperation Getting off to a Flying Start
Cooperation relations between Morocco and Nigeria which have been hibernating for many years are getting off to a flying start with the historic visit King […]
Nigeria Q1 Revenues Reach only 55 % of Goals
The Nigerian government failed to meet its revenue target for the first quarter of 2016, Reuters reported on Friday. Months of militant attacks on pipelines […]
Nigeria: President Buhari Calls for Economy Restructuring
The Nigerian President Muhammadu Buhari on Wednesday said there was no better time to diversify the West African nation’s economy than now. The Nigerian leader […]
Angola: Sonangol Discovers New Offshore Reserves
One of Africa’s largest companies, the Angola National Oil Company (Sonangol) on Thursday said it has discovered a global-scale of oil and gas reserves in […]