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 […]
oil
Sao Tome and Principe: AU deploys 25 observers to oversee elections
The African Union has deployed a Short-Term Election Observation (STO) Mission of 25 observers to oversee Sao Tome and Principe’s presidential election scheduled for July […]
Nigeria: IMF Welcomes New Forex Policy
The International Monetary Fund on Thursday welcomed the decision by Nigeria government to abandon its currency peg and adopt a flexible exchange rate policy. The […]
Angola: President Appoints Daughter Head of State Oil Firm
Angolan President Jose Eduardo dos Santos on Thursday appointed his daughter as new boss of the state oil firm, Sonangol. According to the presidential decree, […]
Nigeria: Buhari Cancels Trip to Oil Polluted Niger Delta
Nigerian president Muhammadu Buhari on Thursday cancelled a visit to the oil-producing Niger Delta, hit by a series of militant attacks on oil and gas […]
Abuja Plans Talks with Oil-Rich Delta Avengers
Nigerian President Muhammadu Buhari on Sunday said his administration will continue to crackdown on militants attacking oil pipelines in the Delta but also announced talks […]
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 […]
Nigerian: Oil output down after pipeline attacks
Nigeria’s oil minister on Monday said the oil production of the west-African nation has fallen by almost 40 percent due to militant attacks on facilities […]
Algeria: We are in Control Despite Low Oil Prices, PM
Prime Minister Abdelmalek Sellal minimized the effects of the low global hydrocarbon prices at the launch of the 17th edition of the International Show of […]
Angola to Restructure Oil Sector
The Angolan Government on Wednesday said it will restructure the state oil firm Sonangol to “increase efficiency and profitability.” According to the country’s oil Minister […]