Oil & Gas

Sonangol’s crude oil output above 10% – CEO

Jun 17, 2019

The overall output of the State-owned oil firm Sonangol swings from 10 to 20 percent of the overall domestic production, which currently stands at 1.4 million barrels per day, the company’s CEO, Sebastião Pai Querido, said on Tuesday. The manager, who disclosed the information during a joint press conference granted at the end of the…

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Africa sees refinery incidents, planned work come into focus

Jun 16, 2019

Across Africa, new launches and upgrades remain in focus while news is emerging of planned works and unplanned outages. NEAR-TERM AND FUTURE NEW AND REVISED ENTRIES –South Africa’s largest refinery Sapref has entered its summer maintenance period, which runs from May 25 to July 13, the company said. The company did not specify which units…

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Africa set to be the top region for Chinese oil investments to 2023

Jun 16, 2019

China’s national energy companies are set to channel more of their overseas investment to Africa than to any other continent as they hunt for new pockets of oil and gas. Africa will account for more than $15 billion of their upstream capital expenditure over the next five years, according to estimates from researcher GlobalData. That’s…

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Aker Energy revised PoD deadline for Pecan oilfield extended to June 27

Jun 15, 2019

The Energy Ministry has asked Aker Energy to prepare a revised version of the entire integrated Plan of Development (PoD) the oil Company submitted to the Ministry on March 28 this year for the development of the Pecan Oil Field. This follows its decision, partly on the advice of the Petroleum Commission and key industry…

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Fuel scarcity hits Freetown, Sierra Leone

Jun 15, 2019

Fuel scarcity has hit Sierra Leone’s capital, Freetown since Sunday, causing long queues at gas stations and hampering the movement of vehicles and goods across the country. Commercial drivers, motorbike riders, fuel hawkers and pupils registered their disappointment over the shortage of diesel and petrol in Freetown. They said the shortage has seriously affected their…

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Egypt set to build $8.5b petrochemicals complex

Jun 15, 2019

The Ministry of Petroleum and Mineral Resources is studying the construction of a new refinery and petrochemicals complex in the Al-Alamein region with investments of about $8.5 billion, Al-Ahram reported. According to the ministry, four new projects in the petrochemical industry are under way with investments of about $1.5 billion, in addition to six other…

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Kenya’s EPRA introduces new LPG regulations

Jun 14, 2019

The Energy and Petroleum Regulatory Authority (EPRA) has revoked interchange of Liquefied Petroleum Gas (LPG) cylinders among different brands. EPRA, in association with the Petroleum Institute of East Africa (PIEA), on Tuesday reversed the interchange system that came into effect in 2010, in order to ensure safety measures are followed when refilling gas cylinders. Speaking…

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Libyan oil well set to add to production

Jun 14, 2019

The Sirte Oil Company (SOC), a fully-owned subsidiary of the National Oil Company (NOC), has successfully completed testing of development well E 111-20, located in the Raguba oil field. The well will add 1102 barrels per day (bpd) to local production. Development testing, concluded on Tuesday, June 4, 2019, utilised a mobile well test separator, indicating a…

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Cyclone highlights vulnerability of LNG operations in Mozambique

Jun 14, 2019

Tropical Cyclone Kenneth dumped heavy rains on Mozambique, a day after becoming the second storm to hit the nation in two months. The Category 4 hurricane made landfall between 4 and 5 p.m. local time on Thursday, when the eye passed between the districts of Macomia and Mocimboa da Praia, the National Institute of Meteorology…

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Ghana’s LPG cylinder recirculation project begins in October

Jun 14, 2019

All is set for the National Petroleum Authority (NPA) to implement the cylinder recirculation project for the distribution of Liquefied Petroleum Gas (LPG) in October, this year. The project, scheduled to start from Kwaebibirem and Obuasi in the Eastern and Ashanti regions respectively on pilot basis, is expected to create 4,500 new jobs for people.…

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