Canadian Overseas Petroleum Limited Announces £6,000,000 Placing

Canadian Overseas Petroleum Limited has announced that: • COPL has closed a non-brokered private placement of Units with institutional investors, family office, high net worth private investors, the Company’s Chief … Read More

EGYPT: Eni Makes New Oil Discovery & New Production in the Western Desert

Eni announces a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, … Read More

MOROCCO: Sound Energy Enters into a Letter of Exclusivity & Extension of LNG Heads of Terms in Tendrara Phase 1 Development

Sound Energy has provided an update in relation to the proposed micro liquefied natural gas (mLNG) phase 1 development project for the TE-5 Horst (the Phase 1 Development) at the … Read More

What the U.S. Political Transition Might Mean for Africa Generally & Its Oil and Gas Sector in Particular

By Jude Kearney, Chairman of the US/Africa Committee of the Africa Energy Chamber  2021 could be the beginning of a much needed reset for US relations with Africa and its … Read More

African Development Bank Approves $43 Million Loan to Finance Second Phase of Power Transmission Project

The Board of Directors of the African Development Bank (https://www.AfDB.org/) has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission … Read More