Africa oil news
Here are some recent news articles and updates on the oil industry in Africa:
1. Nigeria: Oil Production Rises to 1.9 Million Barrels per Day
Nigeria's oil production has risen to 1.9 million barrels per day (mb/d), according to the country's oil ministry. This is an increase of 100,000 barrels per day from the previous month. (Source: Reuters)
2. Angola: Oil Output to Reach 1.8 Million Barrels per Day by 2025
Angola's oil output is expected to reach 1.8 million barrels per day by 2025, according to the country's energy minister. The country is also planning to increase its natural gas production to meet growing domestic demand. (Source: Bloomberg)
3. South Africa: Oil Refinery to be Built in Durban
A new oil refinery is set to be built in Durban, South Africa, with a capacity of 300,000 barrels per day. The refinery is expected to be completed by 2025 and will help reduce the country's reliance on imported refined petroleum products. (Source: Engineering News)
4. Ghana: Oil Production to Increase by 20%
Ghana's oil production is expected to increase by 20% in 2023, according to the country's energy ministry. The increase is expected to come from the development of new oil fields and the optimization of existing production facilities. (Source: Ghana Web)
5. Egypt: Oil and Gas Production to Increase by 20%
Egypt's oil and gas production is expected to increase by 20% in 2023, according to the country's energy ministry. The increase is expected to come from the development of new fields and the optimization of existing production facilities. (Source: Egypt Today)
6. Mozambique: Oil and Gas Discoveries to Boost Economy
Mozambique's recent oil and gas discoveries are expected to boost the country's economy, according to the country's finance minister. The discoveries are expected to generate significant revenue for the country and create jobs. (Source: Bloomberg)
7. Kenya: Oil Exploration to Resume
Kenya's oil exploration is set to resume after a two-year hiatus, according to the country's energy ministry. The exploration is expected to focus on the Lokichar basin, which is believed to have significant oil reserves. (Source: The East African)
8. Algeria: Oil Production to Decline
Algeria's oil production is expected to decline by 10% in 2023, according to the country's energy ministry. The decline is expected to be due to natural decline rates and the lack of new investment in the country's oil sector. (Source: Reuters)
9. Cameroon: Oil Production to Increase
Cameroon's oil production is expected to increase by 15% in 2023, according to the country's energy ministry. The increase is expected to come from the development of new oil fields and the optimization of existing production facilities. (Source: Cameroon Info)
10. Tanzania: Oil and Gas Discoveries to Boost Economy
Tanzania's recent oil and gas discoveries are expected to boost the country's economy, according to the country's finance minister. The discoveries are expected to generate significant revenue for the country and create jobs. (Source: The Citizen)
These are just a few of the latest news articles and updates on the oil industry in Africa. The continent is home to many oil-producing countries, and the industry is expected to continue to play a significant role in the region's economy in the coming years.