A new report reveals that majority of oil and gas executives believe the oil price will remain between US$50-US$70 in 2016, with almost 27 per cent respondents believing it will hover around US$70
Mercuria Energy Holdings SA (Mercuria) has acquired 17 per cent equity stake in Nigeria’s Forte Oil plc (Forte Oil) for US$200mn
African energy multinational Engen has decided to develop Namibia’s Ondangwa fuel depot, which is the company’s third investment in the west African nation
PetroSA has announced that it plans to build a new oil refinery at Coaega in the Eastern Cape, South Africa
A joint venture between Independent Resources and Nostra Terra Oil & Gas is acquiring a producing asset in Egypt
