OPEC meeting in Vienna agrees to raise oil output

OPEC meeting in Vienna agrees to raise oil output

Monday, 25 June 2018 06:44

During the...

US$3.3 trillion to be spent across planned oil and gas projects worldwide

US$3.3 trillion to be spent across plann…

Monday, 25 June 2018 06:43

A total capital expenditure (capex) of US$3.3 trillion is expected to be spent globally across oil and gas value chain on planned and announced projects between 2018 and 2025, according...

US$2mn pre-IPO fund raised ahead of Africa oil and gas drilling

US$2mn pre-IPO fund raised ahead of Afri…

Friday, 22 June 2018 06:16

UK-based Africa-focused oil and gas company Solo Oil plc has reported continued progress by its investee company Helium One Limited (He1), the pure-play helium explorer in Tanzania

Oil price sees a rise ahead of OPEC meet

Oil price sees a rise ahead of OPEC meet

Friday, 22 June 2018 04:00

Oil price has increased by one per cent in the early market trading at the forefront of OPEC meeting in Vienna today, as uncertainty prevails whether OPEC and non-OPEC countries...

Somoil renews 300km crude oil pipeline in Angola

Somoil renews 300km crude oil pipeline i…

Thursday, 21 June 2018 06:34

The Angolan Oil Company (Somoil) has renewed 300km of crude oil pipeline network in Soyo Municipality, situated in the northern Zaire Province

NNPC calls for simplified fiscal terms for oil and gas

NNPC calls for simplified fiscal terms f…

Thursday, 21 June 2018 06:07

The Nigerian National Petroleum Corporation (NNPC) has urged the government to simplify the fiscal provisions in the Petroleum Industry Fiscal Bill (PIFB) to ensure easy implementation of the law for...

Tokyo Gas and Centrica sign up for Africa LNG deal

Tokyo Gas and Centrica sign up for Afric…

Wednesday, 20 June 2018 06:57

Mozambique LNG1 Company Pte Ltd has signed heads of agreement (HOA) with Tokyo Gas Co, Ltd and Centrica LNG Company Ltd for the long-term supply of liquefied petroleum gas (LNG)

Vitol-led consortium to buy Nigeria’s oil and gas assets

Vitol-led consortium to buy Nigeria’s oi…

Tuesday, 19 June 2018 06:17

A consortium led by the Netherlands-based oil trader Vitol is planning to acquire stakes in Nigerian offshore fields, which are held by Brazil's Petrobras and its partners

Eni and ICS Maugeri sign agreement to provide protection against toxic products

Eni and ICS Maugeri sign agreement to pr…

Monday, 18 June 2018 06:37

Eni and ICS Maugeri have signed an agreement to expand their partnership in toxicological emergency research, prevention and treatment to all the countries where Eni has oil and gas operations...

Algeria to amend energy law in early 2019

Algeria to amend energy law in early 201…

Monday, 18 June 2018 06:10

Algeria is set to finalise long-anticipated energy law by early 2019, according to Mustapha Guitouni, energy minister of Algeria

SDX announces spud of SRM-3 oil well in North Africa

SDX announces spud of SRM-3 oil well in …

Friday, 15 June 2018 06:37

SDX Energy Inc, the North Africa-focused oil and gas firm, has announced to spud its SRM-3 appraisal well at South Ramadan, Egypt, where SDX has a 12.75 per cent working...

Tullow Oil to drill Cormorant-1, offshore Namibia

Tullow Oil to drill Cormorant-1, offshor…

Friday, 15 June 2018 06:13

Pancontinental Oil & Gas has announced that the PEL 37 joint venture is on schedule for the upcoming drilling of the highly anticipated Cormorant-1 well, offshore Namibia

Oil and gas company Aiteo supports Nigeria's World Cup campaign

Oil and gas company Aiteo supports Niger…

Thursday, 14 June 2018 10:05

Lagos-based oil and gas company Aiteo is supporting the Nigerian football team, the Super Eagles, by sponsoring the theme song for the team's World Cup campaign

OPEC’s meeting on 22 June likely to increase crude output

OPEC’s meeting on 22 June likely to incr…

Thursday, 14 June 2018 06:58

At the forefront of OPEC and non-OPEC meeting in Vienna on 22 June 2018, industry experts have forecasted that the oil-producing countries may abandon their historic supply pact in the...

Congo-Brazzaville Licence Round Phase 2 will take place at Africa Oil Week

Congo-Brazzaville Licence Round Phase 2 …

Thursday, 14 June 2018 06:16

Africa Oil Week and the Ministry of Hydrocarbons of the Republic of Congo have announced the promotion of the Congo-Brazzaville Licence Round Phase 2 2018/19 at Africa Oil Week, to...

Global oil and gas explorers hope a brighter future, says Wood Mackenzie

Global oil and gas explorers hope a brig…

Thursday, 14 June 2018 06:11

The global oil and gas exploration sector has emerged from the downturn, leaner and keener than before, said Dr Andrew Latham, vice-president for global exploration at Wood Mackenzie, during the...

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