Posted in Top News

Outlook for Africa’s oil & gas industry improves – PwC report

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external…

Posted in Oil Politics Top News

Presidents of Chad, Uganda and Senior Minister implicated in Chinese Energy Firm bribing scandal

U.S. Attorney’s Office in the Southern District of New York has said it has charged Chi Ping Patrick Ho aka…

Posted in News by others Top News

Unleashing the potential of open EITI data

Source: eiti.org/blog/ Author: Christoffer Claussen On 31 December 2017, an important provision of the 2016 EITI Standard comes into force. It requires…

Posted in Top News

Rhino Resources Acquires two offshore blocks in East Africa

Rhino Resources has announced it has expanded its African footprint with the recent acquisition of two offshore blocks in East…

Posted in Top News

Sub-Sahara Africa’s growth to slow amid oil and other commodities price drop – World Bank

Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections…

Posted in Top News

Dolphin Geo wins 3D seismic contract offshore Africa

Dolphin has announced it been awarded a 3D seismic contract including fast track data processing by an undisclosed major oil…

Posted in Top News

FAR raises $46.7 million to fund exploration ventures in Africa and Australia

FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685…

Posted in Elsewhere in Africa New Discoveries

Cairn Energy, FAR announce oil discovery Senegal

Cairn together with its joint venture partners FAR ConocoPhillips 35% and Petrosen have announced that the FAN-1 exploration well, offshore Senegal, has discovered oil. The…

Posted in Top News

FAR Ltd announces trading halt ahead of major announcement

The securities of FAR Limited will be placed in Trading Halt Session State from the commencement of trading starting today…