Nigeria: Oil production below OPEC quota in December 2024
Nigeria’s oil production reached 1.667 million barrels per day in December 2024, up 7.38% from 1.552 million barrels per day in December 2023. However, output remained below the OPEC quota...
Nigeria’s oil production reached 1.667 million barrels per day in December 2024, up 7.38% from 1.552 million barrels per day in December 2023. However, output remained below the OPEC quota...
PetroNor published a detailed account of its 2024 operations in Congo, highlighting notable results from the PNGF Sud field complex. On 29 December, the company sold 881,192 barrels at a realised price of USD 72.817 per barrel...
Egyptian Petroleum Minister Karim Badawi attended the signing of two framework cooperation agreements between Al-Qahtani Group (AHQ) and Egyptian oil companies Tanmia Petroleum, Enppi and Petrojet...
After a difficult start to 2024, with production falling in the first half, Gabon’s extractive industry recorded a notable recovery in the third quarter. Overall output rose 3.5%...
The merger between Australian junior mining companies Mako Gold and Aurum Resources is entering its final phase. Announced in October 2024, the deal would put Aurum in control of Mako...
Nigeria’s stock market saw exceptional momentum in 2024, led by a spectacular performance from the oil and gas sector. Its index rose by an unprecedented 160%, outpacing other sectors...
Dr Roger Tucker, Africa Oil’s Chief Executive Officer, expressed satisfaction with the company’s progress on its expansion strategy. He said the transaction marked an important step towards increasing its interest in key assets in the Orange Basin...
Egypt’s energy sector is set for a boost from BP, which plans to increase its investment in the country to $5 billion over the coming years. The announcement underscores Egypt’s role in BP’s global strategy...
Mali’s Finance Minister Alousseni Sanou told Parliament that the mining sector is expected to generate several billion CFA francs in the first quarter of 2025...
Côte d’Ivoire is gradually establishing itself as a major player in extractive and energy resources in West Africa...
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