Crude Oil Demand 2020: Decline, Recovery and Forecast
The International Energy Agency reports that the worst of the demand destruction is over.
News
Read the latest Archives of oil, gas and energy news.
Tanzania to Construct a Crude Oil Pipeline in 2021
The 1,445Km pipeline will cost $3.5 billion.
Nigeria sees milestone crude oil production
Increased security in Niger Delta contributed to production increase.
Market Report: Libyan crude oil output exceeds 1 million bpd
Libya’s crude oil production has exceeded 1 million bpd for the first time since June 2018.
Market Report: Nigeria Reduces Crude Oil Production Price
Nigerian National Petroleum Corporation brings down cost of producing a barrel of crude oil to $20.
Market Report: Nigeria to Explore Crude Oil Sales to Africa Markets
Dr Ibe Kachikwu announced that Nigeria would explore crude oil sale possibilities to the African markets.
Libya
Libya Resumes Production at Al Mabrouk Oilfield
Production at the Al Mabrouk oilfield has resumed after a 10-year hiatus.
Heirs Energies CEO Joins CEIF as Congo Ramps Up Oil Production
Osayande Igiehon, CEO of Heirs Energies, will speak at the inaugural Congo Energy & Investment Forum this March in Brazzaville.
Libya to Launch International Bid Round Following Requisite Approval, Says Oil Minister
As the country works to improve the operating environment for foreign companies, Libya has already begun to see significant interest by international oil companies seeking exploration opportunities.
Republic of Congo
Republic of Congo, Kazakhstan Forge Stronger Ties in Oil & Gas, Mining
The Republic of Congo’s ambitions to boost oil production and develop its mining sector align with Kazakhstan’s expertise in hydrocarbons and mineral extraction, paving the way for strategic collaboration.
