Tag: petroleum

Nigeria commissions Africa’s largest oil refinery in bid to end fuel imports

May 24, 2023

Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a ... Read More

Niger suspends transit of oil products to Mali amid deteriorating ties

September 28, 2022

Nigeriens authorities have suspended transit of oil products to neighboring Mali as diplomatic relations between two countries further go downward. “I have the honor to ... Read More

Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports

February 17, 2022

The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. ... Read More

South Sudan to produce 350,000 bpd by 2020

February 13, 2019

South Sudan is planning to increase oil production to 270,000 bpd by the end of 2019, the country’s Minister of Petroleum and Mining, Ezekiel Lol ... Read More

Converting Debt to Shares, a Possible Scenario to Save Morocco’s Sole refinery

July 11, 2016

Creditors of Morocco’s sole refinery, Samir, are putting on the table the alternative of converting the massive 43-billion-dirham debt ($4.55 billion) into shares, a move ... Read More

Libya: ISIS attacks Ras Lanuf, warns of more assaults

January 22, 2016

Libya’s oil sector suffered a major attack on Thursday as the Islamic State group destroyed oil storage tanks at Ras Lanuf port after its successive ... Read More

Libya : Rebels to handover ports after Ramadan

June 30, 2014

The Barqa rebels, found in eastern Libya, that are in charge of Libya’s largest oil-export terminal are willing to hand it over to the government ... Read More

Libya: Zeidan addresses eastern independent oil sales intention

August 16, 2013

The Libyan government is running out of patience with protesters who have laid siege on main ports and are now threatening to sell oil independently. ... Read More

Mauritania: Nouadhibou gets record energy supply

December 4, 2012

The Prime Minister, Dr Mohamed Ould Moulaye Lagdaf attended the inauguration of the distribution of electricity in the city of Nouadhibou aimed at easing at ... Read More

Chariot Oil Company Enhances its Offshore Exploration in Morocco

October 29, 2012

Chariot Oil & Gas Limited, an independent Africa focused oil and gas exploration company, has reinforced its petroleum partnership with Morocco through its recent acquisition ... Read More