African Politics and Policy

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Tag: oil

Oil price can drop to 20 dollars

“The oil market is heading into a whole different era now that Saudi Arabia and Russia are squaring off in…

Tullow job cuts in Kenya deepen oil export doubts

“Tullow Oil’s latest job cuts announcement in Kenya has deepened doubts on the viability of the country’s oil exploration” source:…

South Sudan to launch first oil, gas bidding round in March

“South Sudan’s Petroleum Minister said on Wednesday Juba is prepared to host its first oil and gas bidding round next…

Oil price keeps going down

The price of oil has gone down for 10 consecutive sessions. https://oilprice.com/Energy/Energy-General/Bear-Run-Sends-Oil-Down-For-10th-Straight-Session.html You may also be interested in: Higher oil…

Coronavirus Sends Panic Through Oil Markets

“Oil continued to slide on Monday, with Brent dropping well below $60 per barrel, as panic around the coronavirus continues…

Libyan state oil firm says output down 75pc due to blockade

“Libya’s oil production has plunged by around three-quarters since forces loyal to military strongman Khalifa Haftar launched a blockade a…

Nigeria Plans to Access $1 Billion Energy Fund

“President Muhammadu Buhari, yesterday, disclosed that Nigeria would join other African oil and gas producing countries in accessing the $1…

Rise for Bayelsa

“In Bayelsa and elsewhere, communities have faced an environmental catastrophe. About 40 million litres of oil are spilled every year…

Kenya gets two design options for Lamu crude pipeline project

“Kenya has been presented with two designs for the Lokichar-Lamu crude oil pipeline (LLCOP) with a price variation of $122.2…

Why Oil Theft in Nigeria May Not End Soon

“The Nigeria Extractive Industries Transparency Initiative (NEITI) has given possible reasons why widespread theft of Nigeria’s crude oil and refined…

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