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
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Oil price sees a rise ahead of OPEC meet
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 would agree on increasing crude output
Somoil renews 300km crude oil pipeline in Angola
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
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 developing oil and gas industry
Vitol-led consortium to buy Nigeria’s oil and gas assets
A consortium led by the Netherlands-based oil trader Vitol is planning to acquire stakes in Nigerian offshore fields, which are held by Brazils Petrobras and its partners