Angola declared its exit from the OPEC oil producers cartel on Thursday, because of disagreements over reduced production quotas that surfaced earlier this year. Angola’s oil minister, Diamantino de Azevedo…
Browsing: Oil
Billionaire Aliko Dangote’s mega-refinery in Nigeria has achieved a significant milestone with the reception of its first shipment of crude oil, marking a crucial step in a project stained by…
Nigeria is unlikely to fulfill its own targeted 1.58 million barrels per day production level in 2024, according to projections by two consultancies tasked by OPEC+ to independently verify output…
Human Rights Watch (HRW) has called for the suspension of a major oil project in East Africa led by TotalEnergies, a French multinational corporation. The project, known as the East…
It is anticipated that petrol prices will undergo a minor reduction at the beginning of July, while diesel prices may face an increase. Based on the latest data from the…
Nigeria’s Dangote Refinery, owned by Africa’s wealthiest individual, was recently commissioned with the goal of ending the country’s reliance on fuel imports. Nigeria, Africa’s largest oil producer, has long struggled…
On May 11, 2023, the UK Supreme Court ruled that residents of Nigeria’s Niger Delta region could no longer file pollution claims against Shell following a massive oil spill more…
According to Bubele Nyiba, CEO of the ROSE Foundation, South Africa generates significant amounts of used oil, with an estimated 120 million litres of used oil available in the country…
