Africa's Oil, Gas and Energy News.
Africa Finance Corporation (AFC) is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas … Read More
Swala Oil and Gas entered into an agreement with Orca Exploration to acquire up to 40% interest in the Songo Songo producing assets currently held by the international finance corporation … Read More
The World Bank Group has announced that it will no longer finance upstream oil and gas, after 2019 as part of its continuation of its own operations and to support … Read More
The Kenya Civil Society Platform on Oil and Gas (KCSPOG) has questioned the overwhelming government backing of the early oil pilot scheme (EOPS) project a no profit making venture that … Read More
Orca Exploration has announced that it has entered into a loan agreement with International Finance Corporation (IFC), a member of the World Bank Group, for a US$60 million investment in … Read More
Sasol and its partners have entered into an agreement with Petróleos de Moçambique (PETROMOC), Mozambique’s state-owned distributor of petroleum products in a deal that will see PETROMOC sell condensate from … Read More
Africa Oil Corp has announced that it has entered into an equity subscription agreement with International Finance Corporation, a member of the World Bank Group, to sell, on a non-brokered … Read More
