Nigeria regains Africa’s top crude oil producer spot in May 2023 — OPEC report

June 15, 2023

Nigeria has regained its position as Africa's top crude oil producer for May 2023, according to the latest report published by the Organization of Petroleum ... Read More

Nigeria should stop depending on oil, gas revenues — WTO chief

May 20, 2023

The World Trade Organization chief has urged Nigeria to see alternative revenue sources as the oil and gas industry becomes less lucrative. Speaking during a ... Read More

Namibia to pocket oil billions only after 2031 despite its new light oil discovery

March 9, 2023

Namibia has made its third light oil discovery 270 km off its coast in the Orange Basin, though experts say the southern African country will ... Read More

Mixed reaction in Africa to OPEC oil production cuts amid concern about rising prices

October 7, 2022

Delegates at the biggest oil conference in Africa have expressed concern about rising prices after the Organization of Petroleum Exporting Countries (OPEC), plus non-members who ... Read More

Nigeria’s NNPC adopts Saudi Aramco’s security model to curb oil theft

September 1, 2022

Nigeria has decided to adopt the security infrastructure similar to that of Saudi Arabia’s oil giant Aramco to protect its oil pipelines and curb theft. ... Read More

Vladimir Putin phones Saudi Crown Prince after Joe Biden’s visit

July 22, 2022

Saudi Arabia’s crown prince Mohammed Bin Salman, received a phone call from the president of Russia, Vladimir Putin, on Thursday to discuss a host of ... Read More

Nigeria-Morocco gas pipeline attracts growing international interest – Nigerian official

May 4, 2022

There is a growing international interest and investors’ interest in the Nigeria-Morocco gas pipeline project that will be the world's longest offshore pipeline to transport ... Read More

Algeria to conclude oil deal with Exxon Mobile

January 17, 2019

The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first ... Read More

Algeria: Scare Tactics Will Not Work & Implosion Inevitable!

October 3, 2017

Sensing the social implosion is imminent after simmering for a while, the Algerian authorities resorted to scare tactics in a bid to continue clinging to ... Read More

Venezuela’s President Visits Algeria to Discuss Means to Curb Oil Glut

September 12, 2017

On his way back from Astana where he attended a summit of the Organisation of Islamic Cooperation (OIC) in his capacity as president of the ... Read More