Mauritania: Total to drill second well
According to reports, the French company Total will be increasing its exploration in Mauritania as it prepares to begin the drilling of a second oil […]
oil
Libya: Disruption of Oil Exports
Libya, an OPEC member, which is seeking to boost its oil production, is currently hit by some waves of sporadic demonstrations, affecting the North African […]
Libya: ENI becoming oil and gas Leader
A decade long investment plan worth $8 million has been revealed by ENI# to develop its upstream business as it moves to strengthen its grip […]
Libya: ENI begins onshore exploration
Italy’s petrol giant, ENI has once again started exploratory drillings in Libya as it continues to increase its activities in Africa. The drilling is onshore […]
South Sudan: Resuming the economy construction
Last January, South Sudan completely shut down its oil production unit because of a dispute with Sudan over the price Khartoum imposed for its exportation. […]
Chariot gains territory in Morocco
The Moroccan government has signed an agreement with Chariot Oil & Gas Investments (Morocco) to grant it a 75% interest and operatorship in offshore license […]
Exxon planning to sell Iraq stake
Diplomatic sources have hinted that Exxon Mobil will be forgoing its giant oilfield project in southern Iraq because of small profits from the estimated $50 […]
Sudan and South: Oil and Trade Deal
The two Sudans have been able to come to terms regarding the oil exportation from South Sudan and the usage of Sudan’s pipelines and port […]
S. Sudan to resume oil production in four to six months
South Sudan’s Minister of Petroleum and Mining Stephen Dhieu Dau said Thursday his country hopes to resume oil production in the Upper Nile’s oilfields in […]
Nigeria lost more than $400 billion of oil proceeds since 1960
Nigeria has lost more than $400 billion of its oil revenue because of theft or mismanagement since the country’s independence in 1960. The figure was […]