Regional News: West Africa

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Nigeria Oil Governance Bill Aims To Break Up State Oil Company NNPC
Friday, May 26, 2017 The long-awaited oil governance bill passed by Nigeria's upper chamber of parliament proposes breaking up the state oil company.

Nigeria's Senate Passes Long-Awaited Oil Governance Bill
Thursday, May 25, 2017 Nigerian Oil Minister Emmanuel Ibe Kachikwu says Nigeria was not opposed to joining OPEC production caps but would have to wait and see if production came back to acceptable levels.

Nigeria To Mediate In Dispute Between Exxon And Labor Unions
Wednesday, May 24, 2017 Nigeria's government wants to resolve a labor dispute between ExxonMobil and unions in the oil-rich Niger Delta region, a minister says.

Nigeria Could Hit 2.2 MMbpd Oil Output By End Of June
Wednesday, May 24, 2017 The worst disruptions in Nigeria's oil-producing Delta region are over, and production could reach 2.2 million barrels per day by the end of June.

Nigeria Activist Group Calls For Progress On Small-Scale Oil Refineries
Tuesday, May 23, 2017 An activist group in Nigeria's oil-rich Delta region calls for the government to advance plans to allow illicit bush refineries to be converted into legal operations.


Fuel Theft Report Exposes '800-pound Gorilla'
Tuesday, May 23, 2017 Multibillion-dollar illicit fuel trade a global problem, says author of refined oil theft study.

Carlyle Battles Insurers in New York Over Moroccan Oil Losses
Monday, May 22, 2017 Carlyle Group is suing a group of its insurers over $400 million worth of oil it claims it lost when Morocco's sole refinery went bankrupt two years ago, court documents show.

Cairn Flows Oil From SNE-6 Well, 'Very Encouraging' Say Analysts
Thursday, May 18, 2017 Cairn Energy plc flows oil from the SNE-6 well offshore Senegal, in a development which was described as "very encouraging" by oil and gas analysts at GMP FirstEnergy.

Nigerian Oil Workers Extend ExxonMobil Strike To Chevron, Agip And Shell
Tuesday, May 16, 2017 Nigerian workers from an oil labor union have extended a strike to oil majors Chevron, Shell and Eni subsidiary Agip in protest over the sacking of members from Exxon Mobil Corp.

US Oil Firm Cobalt Files For Arbitration Against Angola For $2B
Friday, May 12, 2017 Cobalt said it had filed requests for arbitration seeking more than $2B from Sonangol after the two failed to reach an agreement on license deadline extensions.

Bowleven to Cut Staff in Bid to Reduce Costs
Friday, May 12, 2017 Bowleven plc will be reducing staff numbers in a bid to cut costs.

Total Expands Oil Search Offshore West Africa With Mauritanian Deal
Friday, May 12, 2017 Total has signed a deal to explore for oil and gas offshore Mauritania, the French company says.

Eni to Build Crude Oil Refinery in Nigeria -Oil Minister
Tuesday, May 09, 2017 Italian oil company Eni plans to build a crude refinery in Nigeria with capacity of 150,000 barrels a day through its Agip subsidiary, the country's oil minister said on Tuesday.

Ophir to Borrow $1.2B from Chinese Banks for Fortuna Floating LNG
Monday, May 08, 2017 British oil and gas explorer Ophir Energy plans to borrow $1.2 billion from Chinese banks to back the development of its Fortuna floating liquefied natural gas (FLNG) export project in Equatorial Guinea.

BP, Kosmos Make Major Gas Find Off Coast Of Senegal
Monday, May 08, 2017 BP and joint venture partner Kosmos Energy reveal a major gas discovery off Senegal.

Senegal President Dismisses Energy Minister
Tuesday, May 02, 2017 Senegal's President Macky Sall dismisses energy minister.