Nigeria, Africa’s top oil producer, surpassed Iran as the Organisation of the Petroleum Exporting Countries’, OPEC, second-largest exporter in 2010…
Browsing: Oil
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has said divestment of its equity from some oil blocs in…
Liberia has marked out 13 new, ultra-deep offshore oil blocks and will soon auction about half of them off to…
Niger expects oil reserves in its eastern Agadem oil block could be three times higher than the previous estimate of…
Anglo-Ducth supermajor Shell estimates about 100,000 barrels per day of crude oil are being stolen from its operations in the…
Mart Resources and its co-venturers, Midwestern O&G (Operator of the Umusadege field in Nigeria) and Suntrust Oil provided an update…
Sudan’s sudden loss of oil revenues is forcing the newly-annexed country into the introduction of economic austerity measures. The loss…
Dallas-based Kosmos Energy has found nothing but water in the reservoirs of the Makore-1 exploration well on the West Cape…
Chinese energy firm Sinopec has seen production slashed by a third in Gabon after one of its subsidiaries sprung a leak at a pipeline last week.
Venezuela’s crude proven reserves surpassed those of Saudi Arabia in 2010, making it the world’s largest oil reserves holder, the…
