AfrOil - Africa Oil & Gas
Mele Kyari, the group managing director of Nigerian National Petroleum Co. (NNPC), said at the weekend that his country was taking a new approach to compliance with the production quotas set by OPEC and its allies.
Gabriel Mbaga Obiang Lima, Equatorial Guinea’s Minister of Mines and Hydrocarbons, said at the weekend that his country intended to launch a number of new oil and gas initiatives this year.
Nigeria’s Department of Petroleum Resources reported last week that a privately owned company had significantly expanded the capacity of its modular refinery in Ogbele, a town in Rivers State.
The government of South Sudan has called a tender for an environmental audit of the country’s oilfields.
Algeria’s national oil company (NOC) Sonatrach has awarded a $3.7bn contract for work on a new grassroots oil refinery to a joint venture formed by South Korea’s Samsung Engineering and Spain’s Técnicas Reunidas.
UK-based Zenith Energy is set to make its first move into Africa via the purchase of a majority stake in AIM-listed Anglo African Oil & Gas Congo.
Nigeria's oil minister is optimistic about the prospects for positive change in the hydrocarbon sector, but he may be speaking too soon.
Nigeria’s federal government has announced the revival of a major natural gas initiative that has been on hold for the last five years.