NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI

Heirs Holdings  the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% … Read More

The Libyan Oil Industry’s Story of Recovery – And What it Means for the Rest of Africa

By NJ Ayuk, Executive Chairman, African Energy Chamber If I called 2020 a terrible year for the oil industry, no one would take exception. Demand collapsed in the spring, during … Read More

OPINION: Should countries fire sell their oil & gas assets?

By Dr. Victoria R. Nalule and Dr. Xiaoyi (Shawn) Mu of the CEPMLP, University of Dundee address the misconceptions surrounding the continued role of fossil fuels in the energy transition … Read More

TUNISIA: Zenith Energy Acquires Sidi El Kilani from CNPC

Zenith Energy has announced that its wholly owned subsidiary Zenith Energy Netherlands B.V. has signed a conditional sale and purchase agreement (SPA) with CNPC International (Tunisia) Ltd., a 100% subsidiary of … Read More

Oil and gas drilling set for at least a 20-year low in 2020

The COVID-19 pandemic has stymied oil and gas activity, a phenomena which has now affected the drilling market both in terms of wells drilled and in terms of related demand … Read More

Winshear Deliveres to Tanzania a Notice of Intent to Submit a Claim to Arbitration

Winshear Gold Corp. reports that on January 10, 2020 it delivered to the Attorney General of Tanzania a Notice of Intent to Submit a Claim to Arbitration (“Notice of Intent”) … Read More