EGYPT: EGPC Awards Seven New Exploration and Production Blocks

As part of the Ministry of Petroleum and Mineral Resources – Egypt ‘ plan and strategy to attract new investments in exploration and production, and to support current efforts to … Read More

ALGERIA: TotalEnergies is Granted a New Exploration License

TotalEnergies, jointly with QatarEnergy, has been awarded the Ahara license following the “Algeria Bid Round 2024”, launched by The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT), the first … Read More

EGYPT: EGPC Approves Consolidation of Capricorn’s 8 Existing Concession Agreements

Capricorn has announced that it has been informed by the Egyptian General Petroleum Corporation (EGPC) that it has approved the consolidation of eight of the Company’s existing Egyptian concession agreements, … Read More

Eni CEO Claudio Descalzi meets the Libyan Prime Minister to Review the Progress of Activities

The Prime Minister of the Libyan Government of National Unity, Abdul Hamid Mohammed Dbeibeh, and Eni’s CEO, Claudio Descalzi, met in Tripoli today to review the progress of activities in … Read More

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) … Read More