Africa oil and gas news
Here are some recent news articles and updates on the oil and gas industry in Africa:
1. Nigeria:
- Nigeria's oil production has increased to 1.9 million barrels per day (mb/d) due to the reopening of some shut-in oil wells, according to the Nigerian National Petroleum Corporation (NNPC). (Source: Reuters)
- The Nigerian government has approved the sale of a 20% stake in the Nigerian Petroleum Development Company (NPDC) to a consortium of local and international investors. (Source: Bloomberg)
2. South Africa:
- South Africa's state-owned oil company, PetroSA, has signed a deal with the Nigerian National Petroleum Corporation (NNPC) to develop a new oil field in Nigeria. (Source: Business Day)
- The South African government has announced plans to increase its oil refining capacity by 50% to reduce reliance on imported fuel. (Source: News24)
3. Angola:
- Angola has signed a deal with the French oil company, Total, to develop a new oil field in the country. (Source: Reuters)
- The Angolan government has announced plans to increase its oil production capacity to 1.5 million barrels per day by 2025. (Source: Bloomberg)
4. Egypt:
- Egypt has signed a deal with the Italian oil company, Eni, to develop a new natural gas field in the Mediterranean Sea. (Source: Reuters)
- The Egyptian government has announced plans to increase its natural gas production by 20% by 2025. (Source: Bloomberg)
5. Ghana:
- Ghana has discovered a new oil field in the Gulf of Guinea, which is expected to increase the country's oil production by 20%. (Source: Reuters)
- The Ghanaian government has announced plans to increase its oil production capacity to 250,000 barrels per day by 2025. (Source: Bloomberg)
6. Mozambique:
- Mozambique has signed a deal with the US oil company, Anadarko, to develop a new liquefied natural gas (LNG) project in the country. (Source: Reuters)
- The Mozambican government has announced plans to increase its natural gas production by 50% by 2025. (Source: Bloomberg)
7. Kenya:
- Kenya has discovered a new oil field in the Turkana region, which is expected to increase the country's oil production by 10%. (Source: Reuters)
- The Kenyan government has announced plans to increase its oil production capacity to 100,000 barrels per day by 2025. (Source: Bloomberg)
8. Algeria:
- Algeria has signed a deal with the Russian oil company, Rosneft, to develop a new oil field in the country. (Source: Reuters)
- The Algerian government has announced plans to increase its oil production capacity to 1.2 million barrels per day by 2025. (Source: Bloomberg)
9. Tanzania:
- Tanzania has signed a deal with the US oil company, ExxonMobil, to develop a new natural gas field in the country. (Source: Reuters)
- The Tanzanian government has announced plans to increase its natural gas production by 20% by 2025. (Source: Bloomberg)
10. Democratic Republic of Congo:
- The Democratic Republic of Congo has signed a deal with the Chinese oil company, Sinopec, to develop a new oil field in the country. (Source: Reuters)
- The Congolese government has announced plans to increase its oil production capacity to 200,000 barrels per day by 2025. (Source: Bloomberg)
These are just a few examples of the many news articles and updates on the oil and gas industry in Africa. The continent is home to many major oil and gas producing countries, and there are many ongoing projects and developments in the industry.