LIBYA: NOC Reports Lowest Crude Oil & Gas Sales Revenue in 2020

The National Oil Corporation (NOC) reported crude oil, *gas (propane and butane)* and condensates export revenues of US$45.5 million for June, the lowest recorded this year down from US$87.7 million … Read More

Oil and gas drilling set for at least a 20-year low in 2020

The COVID-19 pandemic has stymied oil and gas activity, a phenomena which has now affected the drilling market both in terms of wells drilled and in terms of related demand … Read More

Africa Oil & Power 2021 DRC Investment Summit Launches

Kinshasa will welcome a broad base of international and African investors to the first ever DRC Energy & Infrastructure Investment Summit, organized by Africa Oil & Power (AOP),  in 2021; the … Read More

ALGERIA: Sonatrach & ENI Sign Several Cooperation Agreements Mainly in the Gas Sector

SONATRACH and Italian group ENI have signed  several cooperation agreements in the gas sector and a memorandum of understanding on the possibilities of investment in the exploration and production of … Read More

Middle East & Africa Oil and Gas Pipeline Sector Still Reeling From Impacts of Weak Demand and COVID-19

The Middle East and African (MENA) oil and gas pipelines sector has been impacted due to low oil prices and weak demand as a result of COVID-19. The pandemic has … Read More

CAMEROON: Tower Resources Says Heads of Terms with OilLR Pty Ltd Progressing Towards Completion

Tower Resources plc has provided an update regarding the farm-out process in respect of its Thali production-sharing contract (the “PSC”) in Cameroon conducted through its wholly-owned subsidiary Tower Resources Cameroon … Read More

African Lives Matter, Too; Energy Policy Decisions Should Consider Their Needs

By NJ Ayuk As African oil and gas countries struggle with Covid-19’s devastating impact on demand, two international groups seem to be celebrating it. Earlier this month, the Organisation for … Read More