Latest Stories

Pestilence and paper-pushers

1 April 2020

The coronavirus outbreak is putting pressure on Uganda’s fuel market, and Kenyan tax claims have the potential to make the situation worse.

Nigeria instructs offshore platform operators to reduce staff levels

31 March 2020

Nigeria’s Department of Petroleum Resources (DPR) has ordered oil and gas producers to reduce staff complements at their offshore drilling platforms.

Tower Resources declares force majeure on Cameroon project

31 March 2020

UK-based Tower Resources has declared force majeure on its operations at the Thali licence area offshore Cameroon.

S&P revises Mexico, Pemex ratings as coronavirus spreads

31 March 2020

The US-based credit ratings agency S&P Global has downgraded Mexico’s credit rating, citing concerns about the impact of the coronavirus pandemic and falling crude oil prices on the country’s economy and on the national oil company (NOC) Pemex.

Petrobras cuts oil production by 200,000 bpd on pandemic

31 March 2020

Brazil’s state-run oil and gas major Petrobras has said that it intends to cut crude production by 200,000 barrels per day.

Pandemic stymies agreement on financing for Sangomar project

31 March 2020

The coronavirus outbreak is hindering efforts to secure financing for the development of the Sangomar block offshore Senegal.

Liberia’s Conex buys downstream assets from Total in West Africa

30 March 2020

France’s Total has arranged to sell its petroleum product marketing operations and assets in Liberia and Sierra Leone to Conex Oil & Gas Holdings, a Liberian-owned company.

Governor of Rivers State rejects NLNG’s request for exemption from lockdown

30 March 2020

The government of Nigeria’s Rivers State has rejected a request from Nigeria LNG (NLNG) and several other companies involved in the natural gas sector for an exemption from the lockdown regime imposed last week.

A canal too far?

30 March 2020

Malawi hopes to expand fuel storage capacity by 50%

30 March 2020

The National Oil Company of Malawi (NOCMA) is gearing up to expand its fuel storage network, according to a high-ranking company representative.