Nigeria’s Oil Regulator Approves First Floating LNG Plant
Nigeria’s oil regulator has licensed UTM Offshore Limited to operate the country’s first floating liquefied natural gas (LNG) plant, designed…
Tag: Oil
Nigeria’s Dangote Oil Refinery Begins Gasoline Production
Nigeria’s Dangote Oil Refinery has begun processing gasoline, marking a significant development after delays caused by crude shortages. The $20…
South Sudan to Build New Oil Refinery with Chinese Firm
South Sudan has signed an agreement with China’s Shengli Oilfield Keer Engineering and Construction Company (Sokec) to construct a modern…
Nigeria Approves Crude Oil Sales to Dangote Refinery in Local Currency
Nigeria’s government has approved the sale of crude oil in the local naira currency to the Dangote refinery and other…
Three Sides to Nigeria’s Oil Story
Africa’s richest man Aliko Dangote is battling to get his $20 billion refinery in Nigeria fully functional and begin recouping…
Nigeria Produced 1.27 Million Barrels of Crude Oil Daily in June
Nigeria’s crude oil production in June 2024 rose to an average of 1.276 million barrels per day (bpd), up by…
Uganda’s Oil-related Income Rises as Country Transitions to Oil Producer
Uganda’s oil sector activities are ramping up as the country transitions to becoming an oil producer next year. According to…
Nigerian Oil Regulator Sanctions Sale of Eni and Equinor Assets
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved the sale of major oil assets involving Eni’s Nigerian Agip Oil…
Ruling Junta Exploring Alternative Route for Niger’s Oil
Niger is considering rerouting its oil exportation through Chad after it faced challenges transporting it through a China-backed 1,930-kilometer pipeline…
Sudan Oil Pipeline will Resume Distribution in Two Weeks, Official Claims
A ruptured oil pipeline in Sudan, damaged during February’s conflict, has been repaired and is expected to resume operations within…