Crude Oil Demand 2020: Decline, Recovery and Forecast

The International Energy Agency reports that the worst of the demand destruction is over.

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.

Top Oil & Gas Projects to Watch in Uganda

Uganda’s oil and gas sector is set for major transformation with new projects in production, refining and infrastructure development.

Heirs Energies to Boosts Oil Output with Well Reactivation

Osayande Igiehon, CEO of Heirs Energies provided insights on the company’s expansion strategy in Nigeria and across various markets in Africa during the Congo Energy & Investment Forum.

Uganda

Uganda Partners with Alpha MBM Investments on Oil Refinery

A partnership agreement has been concluded, paving the way for the construction of the Uganda Oil Refinery.

Libya

Libya Resumes Production at Al Mabrouk Oilfield

Production at the Al Mabrouk oilfield has resumed after a 10-year hiatus.

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