SOUTH SUDAN: Wildcat Petroleum Signs MOU with Nile Petroleum Corporation

Wildcat Petroleum has announced it has entered into a Memorandum of Understanding (MOU) with Nile Petroleum Corporation (Nilepet), the National Oil and Gas Corporation of South Sudan, to collaborate together … Read More

Savannah Energy Provides Q1 2023 Financial and Operational Update

Q1 2023 Unaudited Financial Highlights Cameroon UpdateSavannah acquired an effective 41.06% indirect equity interest in the Cameroon Oil TransportationCompany (COTCo) from ExxonMobil on 9 December 2022. COTCo owns and operates … Read More

Glencore fined $314M for ‘Highly Corrosive’ and ‘Endemic’ Corruption in 5 African Oil States

Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More

Energy Lobby Calls for Glencore’s EITI Membership Withdrawal Following Guilty Plea to Market Manipulation, Bribery & Corruption

The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More

Wildcat Petroleum Announces Appointment of Africa-focused Upstream Oil & Gas Consultancy

Wildcat Petroleum a company targeting investment opportunities in business and assets within the upstream sector of the petroleum industryhas announced the appointment of PETRO-TEC (PT) as petroleum consultants. PT is … Read More