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The African Petroleum Producers' Organization (APPO), initially founded as the African Petroleum Producers' Association in Lagos, Nigeria, on January 27, 1987, was conceived as a collaborative platform for African oil-producing nations to address economic challenges, particularly those arising from oil price fluctuations.
The Organization of the Petroleum Exporting Countries ( OPEC, / ˈoʊpɛk / OH-pek) is an organization enabling the co-operation of leading oil-producing countries in order to collectively influence the global oil market and maximize profit. It was founded on 14 September 1960 in Baghdad by the first five members ( Iran, Iraq, Kuwait, Saudi ...
Shaanxi Yanchang Petroleum. Sinochem. China Petrochemical Corporation. Southernpec. The Hong Kong and China Gas Company. United Energy Group. Indian Oil Corporation Limited. India. Oil and Natural Gas Corporation.
As of June 22, 2018, is a full member of the Organization of the Petroleum Exporting Countries (OPEC), and among African crude oil producers in 2022, The Congo ranked sixth. Nearly all of the country's hydrocarbons were produced off-shore.
Petroleum industry in Nigeria. Nigeria is the second largest oil and gas producer in Africa (after Angola ). [1] Crude oil from the Niger Delta basin comes in two types: light, and comparatively heavy – the lighter has around 36 of API gravity while the heavier has 20–25 of API gravity. Both types are paraffinic and low in Sulphur. [2]
The Niger–Benin Oil Pipeline, also known as Niger-Benin Export Pipeline ( NBEP ), is a 1,950 kilometer long crude oil pipeline connecting oilfields near the desert oasis of Agadem in Niger to the Atlantic Ocean. It ends in the Gulf of Guinea near Benin 's largest city Cotonou. The pipeline was built and is operated by the China National ...
African Petroleum Corporation Limited (OB:APCL), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off ...
Jibril Aminu. Jibril Muhammad Aminu (born August 1939) is a Nigerian professor of cardiology and politician. [1] He was Nigeria's Ambassador to the United States from 1999 to 2003 and served as the senator representing Adamawa Central senatorial district from 2003 to 2011. He is a member of the Peoples Democratic Party (PDP).