KENYA: Eni Eyes Green Initiatives in Kenya
The President of the Republic of Kenya Uhuru Kenyatta yesterday in Nairobi met the Chief Executive Officer of Eni Claudio Descalzi to discuss potential green initiatives to be developed in … Read More
Cairn returns USD250 million to shareholders following sale of Senegal assets
Cairn has announced that all Government and third-party approvals required under the Sale and Purchase Agreement in relation to the sale of all of its interests in Senegal to Woodside … Read More
NIGERIA: San Leon Energy Provides Update on investment in Oza Field
Further to its previous announcements regarding its proposed investment in Decklar Petroleum Limited and the Oza Field in Nigeria, San Leon announces that the parties have agreed to extend the … Read More
SOUTH AFRICA: Tower Resources Enters the Second Exploration Period of the Algoa-Gamtoos license
Tower Resources has announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second … Read More
GHANA: TG-Geopartners Lands Keti Basin Multi-Client 3D Geophysical Survey
TG-GEOPARTNERS LIMITED has announced the signing of an agreement with the Petroleum Commission of Ghana to conduct a major Multi-Client 3D Geophysical Survey in the Keta Basin, offshore Ghana. The … Read More
KENYA: Maximum Pump Prices for the period 15th December 2020 -14th January 2021
Super Petrol, Diesel and Kerosene will now retail at Kshs.106.82, Kshs.91.82 and Kshs.83.56 respectively in Nairobi.
NIGERIA: NCDMB, PETAN sign agreement on US$30m Working Capital Scheme
The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the … Read More
Many of Africa’s Oil and Gas Companies in Distress or Battling with Liquidity Post-COVID-19
Global law firm Baker McKenzie’s recent Global Oil and Gas Survey: Response to the Oil Price Crisis, outlines how before the outbreak of the COVID-19 pandemic, the global oil and gas industry was … Read More
Nigeria to Spearhead Africa Refinery Capacity Additions by 2024
Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the region’s total growth. Nigeria is likely to add 1.5 million barrels per … Read More
ZIMBABWE: Invictus to Commence Field Operations & Completion of Placement with Strategic Investor
Seismic Acquisition & Drilling Plan Advancing The Company successfully concluded its recent field operations and reconnaissance program in the Cabora Basa Basin. Detailed traversing and mapping across the area has … Read More