Mauritania awards Total two oil exploration and production contracts
Integrated oil and gas company Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration […]
oil
Italian Eni announces new oil discovery in Angola
Eni has struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between […]
Nigeria oil reform bill to establish powerful industry regulator
Nigeria’s government under a legislation—known as the Petroleum Industry Bill (PIB)—will soon create a powerful energy regulator with broad oversight of the oil and gas […]
Nigeria inks deal with consortiums to renovate oil refineries
Nigeria’s state oil firm NNPC has completed talks with two consortiums to revamp Africa’s biggest crude producer’s rundown refineries. According to Reuters, the two consortiums […]
Ghana to build new oil refinery for $4 billion
Ghana is set to establish a refinery in the central region of the West African nation, to refine 150, 000 barrels of oil per-day, Energy […]
Angola: Jose dos Santos Jr dismissed from sovereign wealth fund
Angola’s president, João Lourenço, has sacked his predecessor’s son, José Filomeno Dos Santos, as the head of the country’s sovereign wealth fund. The dismissal of […]
Libyan oil revenues up sharply in 2017 – Central Bank
Libyan oil revenues have sharply increased in 2017, the central Bank said last weekend. According to a statement released by the central Bank, the North […]
Oil-dependent Gabon economy grew 0.8% in 2017 – IMF
The International Monetary Fund on Thursday downgraded Gabon’s economy growth forecast of 2017 form 1 percent to 0.8 percent. The international lender expects growth to […]
Isabel Dos Santos fired from Angola’s state oil firm
Angola’s President Joao Lourenco on Wednesday sacked Isabel dos Santos, the chair of the state-run oil company Sonangol. The swift move comes a month after […]
Uganda eyes up to $20 bln oil sector investment by 2020
Uganda’s petroleum authority on Tuesday said it expect investments of $15 billion to $20 billion in its oil industry in the next three to four […]