Oil prices fell sharply in the wake of the UK’s historic vote to leave the European Union on 23 June, in reaction to market volatility and fears of an economic slowdown
UK referendum affects global oil prices
Exploration
Tullow Oil and Total E&P to acquire production licences in Uganda
Uganda will issue production licences for six blocks to Tullow Oil and Total E&P Uganda before the end of this month, according to state minister for minerals (designate) Peter Lokeris
BP Energy Outlook offers mixed news for Africa
Projections from the BP Energy Outlook 2016 spell out an interesting time ahead for Africas oil and gas operators
BP and Eni make another gas discovery offshore Egypt
BP Egypt and Eni have announced another important gas discovery in the Baltim South Development Lease in the East Nile Delta, offshore Egypt
Nigeria to reduce environmental impact of oil exploration
The Nigerian National Petroleum Corporation (NNPC) has committed to reduce the impact of its oil industry on the environment as a means of preserving and conserving wildlife resources
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