OPEC Conference – Algeria Advocates Immediate Reduction In Oil Production
Algeria, which chairs the presidency of the OPEC Conference, urged Sunday oil-producing countries to seize the opportunity of the meeting scheduled on 9 April in order to agree on “a global, massive and immediate” production cut. “Algeria calls upon all oil-producing countries to seize the opportunity of the meeting scheduled to be held on April […]
South Sudan Resumes Oil Production In Former Unity State After 5 Years Of Halted Production
Oil is again being pumped from fields in South Sudan’s former Unity state, five years after production was halted because of fighting between government soldiers and rebels. society organisations call for perpetrators of Sexual and Gender based violence in Sudan need to be held accountable for their crimes.(SABC) Awow Daniel Chuang, director general of the […]
Oil Production To Boost South Sudan’s Economy
After years of conflict-induced shutdown, South Sudan expects a windfall from resumed oil production to spur economic growth as it opens territory to new investors to explore more hydrocarbon deposits. Government officials in Juba, and private sector players, hope the July 2018 peace pact between the warring factions will hold and build investor confidence to […]
Total Plans New Offshore Angola Well To Boost Oil Output
French oil company Total said on Saturday it plans to drill 13 wells on block 17, offshore Angola, in order to maintain production of 400,000 barrels per day of crude until 2023 in Africa’s second largest crude producer. In a statement, the company said the wells, which will connect marginal fields to existing floating […]
Oil Production Costs Lower In Uganda
The prevailing low crude oil price environment had placed Uganda at the risk of missing out on investments from oil companies. Globally, companies scaled back on expenditure in the oil sector because oil prices had fallen from a high of $110 (Shs371,800) per barrel and gone as low as $27 (Shs91,260) before stabilising around the […]
Attacks: Osinbajo Meets Security Chiefs, IOCs, Production Falls
Vice President Yemi Osinbajo on Monday presided over some meetings as part of efforts aimed at tackling the menace of militants who have been vandalising oil and gas pipelines in the Niger Delta. Osinbajo first met behind closed doors with some top security chiefs and government officials over the matter. Chevron’s Okan offshore production platform […]
Maryam: 
Iyanuoluwa Isinkaye: 
Ibukunoluwa: 