Namibia to accelerate exploration of deep-sea oil field
Namibia intends to accelerate the development of its first oil field to ensure production by 2026, an energy official said Monday. The revelation follows a […]
Shell
Nigeria: Amnesty Int’l accuses oil giants Shell and Eni of serious negligence
Amnesty International on Friday accused international oil major groups Shell and Eni of negligence and irresponsible approach to oil spills in Nigeria’s oil-producing delta region. […]
Nigeria seizes $21mln and property of former oil minister
Nigerian authorities have seized about $21 million and property belonging to former Nigerian Oil Minister Diezani Alison-Madueke amid public Fund embezzlement and corruption scandals in […]
Shell to invest $1bln a year in renewables energy as of 2020
The world’s second largest publicly-traded oil company, Royal Dutch Shell Plc, plans to increase its investment in renewable energy to $1 billion a year by […]
Nigeria’s NNPC Awards Crude Oil Contracts to 39 Companies
Nigerian state run National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies on Tuesday. NNPC said in a statement […]
Total petroleum group is emerging as an Egyptian heavyweight
French oil major, Total, has established its largest marketing and services unit in Egypt after acquiring the assets of Chevron Corporation. The deal also included […]
Chevron to carry out offshore drilling for oil in Morocco
US oil company Chevron will carry out exploration drillings for oil in Morocco’s offshore under petroleum agreements signed with the Office National Des Hydrocarbures Et […]
Algeria eyes 2040 shale gas development
Prime Minister Abdelmalek Sellal has insisted that the country’s intention to exploit shale gas “is a long term option” which can be projected to possibly […]
Africa: OPEC Fund to finance socio-economic development projects
The OPEC Fund for International Development (OFID) will extend 13 loans and grants totaling about US$66 million to 34 partner countries, many of them in […]