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NIGERIA: Buhari inaugurates 5,000 bpd Waltersmith Modular Refinery

A 5,000-barrel per day Waltersmith modular refinery in Ibigwe in Imo State in south-eastern Nigeria was on Tuesday inaugurated by President Muhammadu Buhari. Inaugurating the refinery, which was performed virtually, … Read More

NIGERIA: Seplat Provides Operational Highlights & 2021 Outlook

Operational highlights  ·      Working-interest production within guidance at 50,653 boepd, despite market volatility  ·      Liquids production of 33,327 bopd, gas production of 100 MMscfd ·      Eland OML40/Ubima assets produced 9,151 bopd, 27.5% of … Read More

BEAC must reconsider its new Forex regulation to save jobs in Gabon, Cameroon, Republic of Congo, Equatorial Guinea, Central African Republic and Chad

On March 1st, 2019, a new Foreign Exchange Currency Regulation was adopted by the members of the Economic and Monetary Community of Central Africa states – CEMAC. These member states, … Read More

Nigeria’s Changing Legal Regime: Is Africa’s Biggest Oil Producer Finally Within Reach of a New Oil Law?

By NJ Ayuk, Executive Chairman, African Energy Chamber  This week, the African Energy Chamber will publish a report outlining its short-term predictions for the continent. That report, Africa Energy Outlook … Read More

NUPENG Accuses Valiant Energy Boss, Shell Petroleum Development Company of Planning to Defraud Oil Workers

The national leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) in a press release has reported of a sinister plot of SHELL Petroleum Nigeria and Mr ADOLOR … Read More

60 Years After Independence Nigeria’s Energy Industry Hasn’t Realized Its Promise — But It’s Getting Closer

On Oct. 1, 1960, everything seemed possible for Nigeria: After nearly 80 years of colonialism under Great Britain, it was finally an independent nation. During the newly independent nation’s earliest … Read More

NIGERIA: Canadian Overseas Petroleum Operations Update

Canadian Overseas Petroleum Limited has announces that further to the announcement of its second quarter results on 15th September 2020, COPL is giving an update on its drilling licence extension for … Read More