Shell has overtaken Chevron to become the worlds second largest non-state oil company, in the wake of the companys acquisition of BG Group
Exploration
Orion upbeat about African oil and gas prospects
Kinshasa-based energy company, Orion, remains upbeat about its prospects in central and western Africa, despite the low oil price environment
Sasol receives go-ahead to develop oil and gas fields in Mozambique
South Africa-based Sasol has announced it has been given approval from the Mozambique Council of Ministers to develop more oil and gas fields in Mozambique
CGG undertakes major aerial survey of offshore South Africa
CGG has commenced a major aerial survey of offshore sites in South Africa
IMF to support Africa’s oil exporters
The International Monetary Fund said it will support sub-Saharan Africa’s oil exporters to survive at a time of falling crude prices and growing fiscal pressures as Nigeria and Angola turn to the World Bank for financial assistance