Invictus Energy has announced results of independent estimates noting the improved potential of oil and gas discovery at its Mzarabani prospective area in Zimbabwe
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South Africa announces fuel price adjustment
South African minister of mineral resources and energy Gwede Mantashe has announced the adjustment of fuel prices for July 2019 based on current local and international factors with effect from the 3 July 2019
‘Africa fourth highest in global polypropylene capacity additions by 2023’
Africa will be the fourth highest region in terms of polypropylene capacity addition in the global polypropylene industry, growing at an average annual growth rate (AAGR) of 20.5 per cent from 1.49 mtpa in 2018 to 4.15 mtpa in 2023, according to GlobalData, a leading data and analytics company
Kenya signs deal with oil firms for development of oil fields
Africa Oil Corp has announced that heads of terms agreements with the government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A. have been signed for the development of oil fields in the South Lokichar Basin
ADES secures offshore rig contract in Egypt and extends contract in Algeria
London-listed drilling contractor ADES International Holding PLC (ADES) has secured a new two-year contract for its ADMARINE IV offshore jack-up rig in Egypt and has signed a one-year contract extension for its onshore rig RIG 828 in Algeria