French and Ugandan campaign groups including Friends of the Earth have filed a legal notification with Total, claiming it has failed to address the human and environmental impact of its Ugandan operations as required by French law. Under France’s Corporate Duty of Vigilance regulation, large French companies are
Eland Oil & Gas saw an average net production in Nigeria for January to May 2019 increase by 32% to 9,880 bpd compared to 7,505 bpd for the same period in 2018. System uptime (including planned and unplanned outages) of 88% was recorded for the
Speaking before parliament on Tuesday, South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe announced that the Department of Mineral Resources and Energy is currently in the works of developing a new oil and gas policy. The petroleum Bill – which will govern the
Oil prices extended gains Monday as rising US-Iran tensions fuelled supply concerns, while Asian equities also edged up ahead of a crunch meeting between Donald Trump and Xi Jinping this week. Both main crude contracts are up almost 10 per cent since Tehran last week
Mallam Mele Kolo Kyari has been appointed as the new group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC). President Muhammadu Buhari on Thursday confirmed the appointment of the Group General Manager, Crude Oil Marketing Division (COMD) of the Nigerian National Petroleum Corporation
Senegal President, H.E. Macky Sall has emerged the “Africa Oil Man of the Year” for his decade-long campaign to improve transparency, create an investment-friendly environment and spark new growth. The prestigious award will be presented to the President during the fourth annual – Africa Oil &
A rocket has just landed on the residential and operations headquarters of several US oil giants including ExxonMobil Corporation in Iraq. The attack is coming a few days after several attacks were carried on US interests in Iraq. According to a report by Reuters News,
The nation’s crude oil reserves dropped by 481 million barrels to 36.972 billion barrels in 2018, according to a new report by the Organisation of Petroleum Exporting Countries. OPEC, in its 2019 Annual Statistical Bulletin, said Nigeria’s crude oil reserves stood at 37.453 billion barrels
Oil markets appear to have more or less shaken off the oil tanker attacks, with most analysts returning to focus on fundamentals and the most recent rig count.
Western commercial oil exploration in disputed areas of Somalia and discrepancies over which authorities can issue licenses to companies could spark further conflict in the African nation, U.N. monitors warned in a confidential report. In the U.N. Monitoring Group’s latest annual report to the Security