Africa's Oil, Gas and Energy News.
The African Energy Chamber spoke with Tim O’Hanlon, Senior Advisor for the Oslo-listed energy and power company, Panoro Energy, about the continent’s production challenges, the role exploration will play, and … Read More
Victoria Oil & Gas Plc, whose wholly owned subsidiary, Gaz du Cameroun S.A. (“GDC”), the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, … Read More
Tlou Energy has announced its intention to undertake an equity placement of £2.6 million. The Placing will be conducted through an accelerated bookbuild process with a price of 3.5 pence. The … Read More
By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More
Helium One has informed its shareholders of various financing options available to fund ongoing exploration activities. One of these options may involve undertaking an initial public offering (IPO) on the … Read More
Dar es Salaam stock exchange listed Swala Oil and Gas (Tanzania) and a subsidiary of Swala Energy Limited. Swala Energy Limited is a public company listed on the Australian Securities Exchange … Read More
Oyster Oil and Gas Ltd has announced that due to strong demand the Company has increased the size of its previously announced non-brokered private placement of units from aggregate gross … Read More
Oyster Oil and Gas Ltd has announced that it has closed the first tranche of its previously announced non-brokered $850,000 on private placement financing. The Company currently expects to close … Read More
National Oil Corporation Managing Director Sumayya Athmani is asking local companies in the logistics field to prepare for the development stage so that they should not lose out from the … Read More
Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. “While the oil price has … Read More
