Tower Resources, the AIM-listed oil and gas company focused on Africa, has received formal notification from the Minister of Mines, Industry and Technological Development in Cameroon (MINMIDT) of the extension of the First Exploration Period of the Thali production-sharing contract (PSC) to 4 February 2025, in accordance with the Companys PSC and the Cameroon Petroleum Code, and with the approval of the President of the Republic of Cameroon
TotalEnergies and its partners have announced the start of production from the Akpo West field on the PML2 license in Nigeria
The Perenco Group has announced a change to its organisation with the appointment of Armel Simondin as the new CEO of Perenco SA, with effect from 15 March
The AI in oil and gas market is forecast to reach US$13bn by 2034, according to the report. (Image source: Adobe Stock)
The artificial intelligence (AI) in oil and gas market is estimated to be valued at US$3.5bn in 2024 and is expected to reach US$13bn by 2034, according to a new report from Future Market Insights on AI in the Oil and Gas Market
The Bank of Namibia is seeking a balance between economic growth and fiscal stability, having implemented several lending rate increases in the past year to steer off inflation
