Shell said on Wednesday it’s working towards safe resumption of operations at a crude oil facility in the Niger Delta after hundreds of protesters invaded the flow station demanding jobs and infrastructure development last week.
Iraq and other Arab states have created a joint venture to soon enter the shipping and bunkering sector, offering marine fuelling services at southern ports in Iraq, mostly at Basra, Khor Al-Zubair and Umm Qasr.
UK’s independent explorer Tullow Oil has launched its first oil and gas exploration survey in Zambia, as the African and South American-focused firm targets expansion on low-cost assets, Kallanish Energy learns.
Egyptian liquefied natural gas (LNG) imports are set to drop to 80 cargoes in the 2017-18 financial year, from 118 cargoes imported last year, the country’s oil minister Tarek El Molla said on Sunday.
Libya’s National Oil Corporation (NOC) said on Tuesday production at the country’s largest oilfield, Sharara, was gradually returning to normal rates after hours of interruption due to an armed protest, Kallanish Energy learns.
ACWA Power, a power generation developer owned by eight Saudi conglomerates, said Tuesday it has signed a power purchase agreement with the government of Egypt for three solar photovoltaic (PV) power plants.
The African country of Uganda has chosen a consortium, including General Electric, to build/operate a $4 billion, 60,000-barrel-a-day (BPD) refinery that will process crude from fields being developed by Total SA and Tullow Oil Plc.
Nigeria’s state-owned oil company, NNPC, has inked two sets of projects financing with joint-venture partners Shell and Chevron, worth at least $780 million and aimed at adding some $16 billion to the government’s coffers during the projects’ lifetime, Kallanish Energy learns.