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West African Oil Slow to Sell
West Africa's oil exports due for loading next month have struggled to sell, due to weak demand from the region’s regular customers in Asia and Europe and tougher competition from rival suppliers.
5:34 AM EST | April 15, 2021
Ghana Set for First SSA LNG to Power Project
Ghana is set to open sub-Saharan Africa's first liquefied natural gas-to-power project as it moves to position itself as a hub for the cleaner and cheaper fuel in the region.
7:58 AM EST | January 08, 2021
Worker Kidnapped from LNG Tanker
Reporting indicates that the LNG tanker Methane Princess has been boarded while at anchor offshore Malabo, Equatorial Guinea, Dryad Global has revealed.
7:01 AM EST | October 19, 2020
Africa's Richest Man Bets on Oil Refinery
On a peninsula east of Lagos, 30,000 workers are employed on a project that holds out the promise of transforming Nigeria's economic fortunes.
8:37 AM EST | August 28, 2020
Niger Delta Project to Use Modular Design
Here are some of the most viewed downstream-related articles from the past week on Rigzone.
7:38 AM EST | July 17, 2020
FPSO Attack Bolsters Piracy Hotspot Reputation
Take a look back at popular downstream-related articles on Rigzone from the past week.
7:21 AM EST | July 10, 2020
Nigeria Bucks LNG Export Trend
Nigeria plans to do the opposite of what LNG exporters from the U.S. to Australia are doing.
10:35 AM EST | July 03, 2020
Offshore Ghana FPSO Charter Cancelled
The FPSO would have been deployed at the Pecan field in the DWT/CTP block.
8:39 AM EST | April 02, 2020
NLNG Expansion Project Gets Green Light
Eni and its partners in Nigeria LNG have taken the final investment decision for the expansion project of the LNG plant.
8:49 AM EST | December 27, 2019
Oil Tanker Attacked in West Africa
An oil tanker was attacked on Sunday in West Africa's Gulf of Guinea and most of its crew were kidnapped.
8:20 AM EST | December 16, 2019
NNPC Will Partner with Aramco to Revamp Refineries
Nigerian President Muhammadu Buhari said NNPC and Saudi Aramco will collaborate in revamping refineries in Africa's top crude producer and other energy investments.
8:53 AM EST | October 31, 2019
Africa's Biggest Oil Producer Aims to Stop Imported Fuel Reliance
Over the past 12 years, Nigeria tried and failed four times to crank up its aging and unprofitable crude-processing plants. Now the state-run energy company is giving it another shot.
11:23 AM EST | October 21, 2019
Nigeria Pipeline Fire Kills 2 After Vandalism
Two people died after a gasoline pipeline owned by Nigeria's state oil company exploded in an area of Lagos.
8:10 AM EST | July 05, 2019
BP West Africa Contracts Go to McDermott and BHGE
The contracts cover SURF and SPS equipment.
12:07 PM EST | March 11, 2019
Nigeria's $15B Oil Refinery Is on Track
Nigerian billionaire Aliko Dangote said he's on schedule to finish by next year his $15 billion oil refinery.
3:50 PM EST | January 21, 2019
Armed Pirates Attack LNG Tanker Off Nigeria's Coast
Armed pirates chased and shot at a liquefied-natural gas tanker off Nigeria's coast.
5:07 PM EST | November 13, 2018
Nigeria Oil Minister Says Oil Refinery Revival Pushed Back
The revival of Nigeria's state-owned refineries will happen a year later than expected after financing talks dragged on, according to the nation's oil minister.
4:10 PM EST | November 07, 2018
Oil Traders Said to Mull Nigerian Proposal to Prolong Fuels Swap
At least five oil consortiums said they were considering a proposal from the state-run Nigeria National Petroleum Corp. to prolong a crude-for-fuels swap program.
4:50 PM EST | October 18, 2018
Nigerian Senate to Probe $3.5 Billion Spent by State Oil Firm
Lawmakers in Nigeria will investigate $3.5 billion allegedly spent by the state oil firm on gasoline subsidies and expressed concern that the sum was not included in the national budget.
4:15 PM EST | October 16, 2018
Oil Pipeline Fire in Nigeria Kills 60
A Nigerian oil pipeline fire last week has claimed dozens of lives, according to news reports.
2:30 PM EST | October 15, 2018
China Boosts West African Oil Imports to Offset Trade War Impact
China is set to boost its crude imports from West Africa to the highest in at least seven years this month.
2:22 PM EST | October 02, 2018
Mini-Refineries Race Billionaire to Fix Nigerian Fuel Crisis
In the race to solve a fuel-import crisis in Nigeria, Africa's richest person faces competition from a swarm of tiny challengers.
10:36 AM EST | October 02, 2018
Nigeria Presidency Candidate Says Would Privatize Oil Industry
Nigerian presidential aspirant Atiku Abubakar says he will privatize the oil industry of Africa's biggest crude producer if he becomes its next leader.
10:57 AM EST | October 01, 2018
BP Oil-Buying Spree Jolts Sleepy West African Crude Market
Two of the world's biggest oil companies are stepping up buying and selling of West African crude at the same time.
2:09 PM EST | September 14, 2018
Ghana Resurrects LNG Import Terminal With Chinese Deals
Ghana has chosen two Chinese companies to build the infrastructure it needs to import liquefied natural gas.
2:49 PM EST | September 11, 2018
Nigerian Gas Tanker Explosion Kills At Least 35
At least 35 people were killed and hundreds injured when a gas tanker exploded in northern Nigerian state of Nasarawa.
5:02 PM EST | September 10, 2018
Golar Eyes More Africa FLNG Projects After Hilli Success
Golar hopes its pioneering FLNG project in Cameroon will lead to further schemes in West Africa.
12:00 PM EST | August 23, 2018
Africa's Richest Man Arranges $4.5B Of Financing For Oil Refinery
Africa's richest man has arranged more than $4.5B in debt financing for his Nigerian oil refinery project.
3:35 PM EST | July 24, 2018
Saipem-led JV Wins Contract for LNG Project in Nigeria
Nigeria LNG is a venture including Nigerian National Petroleum Corporation and oil majors Royal Dutch Shell, Total and Eni.
3:41 PM EST | July 13, 2018
A $15 Billion Oil Bet Is Tough Challenge for Richest African
If Aliko Dangote pulls it off, the project could transform Nigeria's economy.
11:07 AM EST | July 13, 2018
Dangote Readies $10 Billion Nigerian Oil Refinery for 2020
Despite being Africa's biggest crude producer and an OPEC member, Nigeria ships in almost all its gasoline and diesel from abroad.
10:21 AM EST | July 06, 2018
Nigerian Oil Tanker Fire Kills Nine In Commercial Capital Lagos
An oil tanker truck caught fire in Nigeria's commercial capital Lagos, killing nine people and burning out 53 other vehicles, an emergency agency official says.
3:46 PM EST | June 28, 2018
Ghana to Buy Contracts to Protect It From High Oil Prices
Ghana will buy contracts to protect it from higher oil-product prices in the third quarter.
10:27 AM EST | June 11, 2018
Africa Oil Giant Needs $12B to Avoid Missing LNG Boat
On a tropical island just off the coast of Nigeria, hundreds of engineers work around the clock to produce LNG at a plant the size of Lower Manhattan.
4:33 PM EST | June 07, 2018
Equatorial Guinea LNG Project Stumbles As Schlumberger Quits
Schlumberger has decided to withdraw due to problems with the project's financing, Ophir says.
4:21 PM EST | May 31, 2018
World's Second Floating LNG Project Starts Production In Cameroon
Norwegian shipping firm Golar LNG says liquefied natural gas production has started at its floating LNG production platform in Cameroon.
7:57 AM EST | March 12, 2018
Nigeria's Senate Launches Brass LNG Corruption Investigation
Nigeria will hold an investigation into alleged corruption involving the state oil firm's long-awaited Brass LNG project.
3:45 PM EST | January 24, 2018
Nigerian State Oil Firm's Board To Decide On Refinery Investors This Month
NNPC's board will decide on the investors for its three major refineries this month.
2:58 PM EST | January 23, 2018
Nigeria State Oil Firm Says Gas Pipeline Explosion Has Not Affected Supply
Nigeria's state oil firm says the supply of gas had not been affected by an explosion the previous day on a major pipeline.
4:58 PM EST | January 12, 2018
Angola LNG Production Setback Prompts Tender Cancellation
A production issue affecting the Chevron-led Angola LNG export facility has prompted the cancellation of a tender.
4:50 PM EST | January 08, 2018
Nigeria Restores Supply Of Gas On Pipeline Affected By Fire-State Oil Firm
Nigeria has fully restored the supply of gas on a pipeline affected by a fire last week.
8:37 AM EST | January 08, 2018
Nigerian Power Grid Shut Down By Gas Pipeline Fire
Nigeria's electricity grid has been shut down by a fire on a gas pipeline.
8:29 AM EST | January 03, 2018
Nigeria's Rush For Petrol Could Save Europe's Sagging Margins
Nigeria's rush to keep its citizens supplied with fuel is expected to boost purchases of European gasoline in December.
11:59 AM EST | December 18, 2017
New Africa Gas Comes at Right Time for Europe in Supply Woes
The extra output couldn't come at a better time for Cameroon.
5:02 PM EST | December 15, 2017
Refining Capacity Growth In Nigeria Will 'Substantially' Erode Exports
Nigeria's projected growth in refining capacity over the early 2020s will 'substantially' erode the country's crude oil exports due to a 'weak' new project pipeline.
5:16 AM EST | December 13, 2017
Nigeria's 650,000 Bpd Dangote Refinery Seen Onstream By End 2019
A refinery being built in Nigeria is due to come onstream by the end of 2019.
4:59 PM EST | October 24, 2017
Ghana Fuel Site Blast Kills at Least 7, Injures Dozens
The site includes an LPG storage depot and two service stations run by state-owned GOIL and oil major Total.
5:09 PM EST | October 09, 2017
Glencore Strikes Multi-Year Purchase Deal With Angola LNG
Glencore is to buy LNG supplies from Angola LNG over a multi-year period.
6:15 PM EST | September 20, 2017
Russia's Gazprom Signs LNG Supply Deal With Ghana
Gazprom has signed a 12-year deal to supply Ghana National Petroleum Corporation (GNPC) with liquefied natural gas.
1:19 PM EST | September 18, 2017
Sulphurous Fuels Flow To West Africa As States Defer Tougher Rules
Nigeria and several other West African states are not expected to implement rules banning imports of sulphur-heavy fuels until Dec. 1.
6:04 PM EST | September 13, 2017