Africa's Oil, Gas and Energy News.
African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to … Read More
By Ana Hajduka, founder and CEO of Africa GreenCo. As Africa’s energy sector deregulates, exciting opportunities open up for financial innovation to benefit consumers. Private-sector buyers and traders can mitigate … Read More
By Lamé Verre, Fellow of the Energy Institute | Member of the Global Future Council on Energy Transition at The World Economic Forum Introduction In Africa, with a young demographic, a … Read More
In a move set to strengthen bilateral cooperation in West Africa, Equatorial Guinea and Nigeria have signed an agreement for the construction of the Gulf of Guinea Gas Pipeline Project. … Read More
PETRONAS’ subsidiary, PETRONAS Carigali Nile Limited (PCNL) has announced the withdrawal of its operations in the Republic of South Sudan (RSS). The decision was made following a two-year period of … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber The Nigerian government needs to step up its game regarding approvals for indigenous companies acquiring in-country foreign energy assets. The negative consequences … Read More
Eco (Atlantic) Oil & Gas has announced it has signed an Assignment and Share Cancellation Agreement with Azinam Limited, Eco’s wholly owned subsidiary, Africa Oil Corp. pursuant to which Azinam has agreed to … Read More
BW Energy will publish financial figures for the second quarter and first half year of 2024 on Thursday, 29 August 2024. Net production to BW Energy was 2.14 million barrels … Read More
Production Gross production at Dussafu in Q2 2024 was 21,184 bopd (3,707 bopd net working interest to Panoro) and includes the effect of 21 days planned annual maintenance shut-down of … Read More
Following the decision of the partner CNRI to withdraw from Block 11B/12B, TotalEnergies also announces its withdrawal from this block, off the Southern coast of South Africa, in which its … Read More
