Africa Oil Corp has entered into an investment agreement with Stampede Natural Resources to sell, on a non-brokered private placement basis, 52,623,377 of its common shares at a price of US$1.9 for gross proceeds of US$100mn

Ghana will open a US$600mn free port for oil and gas services to offshore and deep water exploration, development and production companies at Atuabo in 2018

BASF’s subsidiary Wintershall has announced that it will power its Libyan plant using associated gases

Anglo-Dutch oil explorer Shell will acquire British gas producer BG Group for US$69.7bn in cash and stock, both companies have announced