Weekly Round-Up 21/06

West African coastline is the most dangerous in the world, Nigeria loses N44.6 billion in one month over oil terminal shutdowns and more of this week’s top news

The seas off West Africa's oil-rich coastline are now the most dangerous in the world for shipping, according to a new report. Read more

Angolan oil has suffered its slowest trading month this year as poor refining margins, high freight rates and subdued demand amid the trade war between Beijing and Washington curbed sales. Read more

Nigeria loses N44.6 billion (£10 million) in one month over oil terminal shutdowns. Read more

The OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices, according to oil and gas intelligence firm Rystad Energy. Read more

Karpowership Sees huge potential in energy-hungry Africa. The company is building vessels the size of several football fields to meet rising demand for energy from African nations. Read more

Nigerian President Muhammadu Buhari appoints Mr. Mele Kolo Kyari as new Group Managing Director for the Nigerian National Petroleum Corporation. Read more

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