Nigeria pleads Dangote to speed work on private refinery
Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu on Tuesday begs Africa’s richest man, Aliko Dangote, to speed work on his private oil refinery […]
Petroleum
Nigeria directs oil firms to relocate headquarters
Nigerian’s acting president, Yemi Osinbajo this weekend instructed the relocation of all International oil companies head offices in the West-African nation to the Niger Delta. […]
Angola Becomes Africa’s Top Oil Producer – OPEC
Nigeria has again lost its Africa’s top oil producer status to Angola, as the country’s crude oil production fell by 67,000 barrels per day last […]
Djibouti, IDB ink $75 mln fuel imports deal
Djibouti energy minister on Tuesday said the Horn of Africa nation has inked a $75 million financing agreement with the International Islamic Trade Finance Corporation […]
Nigeria to import 75% fuel for local consumption in 2016
The Nigerian Minister of State for Petroleum, Dr. Ibe Kachikwu, on Sunday, said fuel importation will continue beyond 2016. Addressing a press conference shortly after […]
Nigeria to build 30 refineries close to the state-run units
Nigeria has granted 30 construction licences to private refineries in order to cut the country’s reliance on imports. According to the Vice President, Yemi Osinbajo, […]
Nigeria: President to handle oil portfolio in long waited cabinet
Nigeria’s President Muhammadu Buhari is to take personal charge of the country’s crucial oil portfolio, his spokesman, Femi Adesina said on Tuesday, as a deadline […]
Madagascar to pass long-delayed mining and petroleum bills in October
Madagascar’s Minister for Mines & Petroleum Joeli Valerien Lalaharisaina has declared Madagascar ready to do business with the international community and is currently in the […]
Energy: Egypt signs deals with Russia’s Rosneft
Egypt’s government signed on Tuesday two initial deals with Russia’s top oil producer Rosneft to import petroleum products and LNG cargoes. Rosneft Chairman of the […]
Ghana: 15% hike in petroleum prices
One week after new 15 percent increment in transport fares across Ghana, prices of gas and petroleum products are due to go up by 15% […]