UGANDA: Parliament Passes the Public Finance Management (Amendment) Bill, 2021

The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, … Read More

ALGERIA: Eni, Sonatrach to Relaunch Production in the Berkine Basin

The Chief Executive Officer of Sonatrach, Toufik Hakkar, and the Chief Executive Officer of Eni, Claudio Descalzi, in the presence of the Minister of Energy and Mines Mohamed Arkab and … Read More

Africa to Continue Exploiting Hydrocarbon Resources While Exploring the Use of Renewable Energies – APPO

The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’ huge oil and … Read More

CAMEROON/CHAD: Savannah Energy Signs SPA with Exxon Mobil Corporation and PETRONAS

Savannah Energy PLC, has announce that it has signed a Share Purchase Agreement (SPA) with Exxon Mobil Corporation, ExxonMobil International Holdings, Inc. and Esso Exploration Holdings, Inc. (Exxon) and has separately … Read More