By refining oil at home, Dangote says importation will end.
A recent EY survey reveals 43% of private equity investors plan to deploy capital into oil and gas by first half of 2017.
Nigeria has lost its title as Africa’s largest economy (measured in US dollars) to South Africa.
A lot of optimism and hope is riding on the 6.5 billion barrels of crude oil in the Lake Albert basin.
The decline in the global oil price has led to a reduced level of activity across the African continent.
The oil price has risen substantially from record lows.
Nigeria’s currency woes mean it is no longer Africa’s largest economy – for now
11 August, 2016Nigeria has lost its title as Africa’s largest economy (measured in US dollars) to South Africa.
Africa’s richest man plans refinery to end Nigeria’s fuel woes
13 July, 2016By refining oil at home, Dangote says importation will end.
Can oil diversify Uganda’s economy?
11 July, 2016A lot of optimism and hope is riding on the 6.5 billion barrels of crude oil in the Lake Albert basin.
Oil and gas to be major attraction for private equity over next 12 months
11 July, 2016A recent EY survey reveals 43% of private equity investors plan to deploy capital into oil and gas by first half of 2017.
Tullow Oil to ramp up activity in Kenya and looks to SMEs for partnership
4 July, 2016Tullow Oil is set to intensify drilling activities in Kenya towards the end of this year, with plans to produce ‘early oil’ by the second half of 2017.
Airlines pull out of Nigeria as its economy tanks
6 June, 2016United Airlines flies daily between to Lagos – Nigeria's largest city – and the US city of Houston, Texas. But not for much longer.
Oil at $50 a barrel: Better times ahead for Africa’s crude producers?
3 June, 2016The oil price has risen substantially from record lows.
CEO: Africa’s oil and gas industry still offers opportunities for service providers
24 May, 2016Geoffrey White highlights opportunities in Mozambique and Ghana.
Nigeria’s herculean task of doubling FDI
10 May, 2016Africa’s largest economy plans to double its foreign direct investment (FDI) by removing impediments to investment, but this may be a tall order.
Angola: Risk and reward
3 May, 2016The country is trying to diversify its economy and reduce its dependency on oil exports.
Kenya got oil: what next?
21 April, 2016Has Kenyan oil been overrated?
Meet the Boss: Paul Muhato, MD, Engen Petroleum (Tanzania)
7 April, 2016'A positive attitude will capitalise the smallest opportunity.'
Oil and gas: Africa’s top 10 places to invest in 2016
29 March, 2016Home to some of the biggest oil and gas discoveries in recent years, Africa is under-explored and its untapped hydrocarbons reserves are enormous.
Questions lie ahead as Nigeria reforms state oil company
22 March, 2016The restructuring of the Nigerian National Petroleum Corporation into five businesses and two service companies has been widely anticipated since President Muhammadu Buhari took office last year.