US-based infrastructure development company Black Rhino Group has announced plans to build a US$3bn oil refinery in South Sudan, as African youngest nation seeks to become self-sufficient in the petroleum industry
Exploration
Sonangol secures oil exploration rights in five onshore blocks in Angola
State-owned Sonangol has secured exploration rights in five onshore oil blocks in Angola, which could be tendered for development in the future
Nigerian companies' oil and gas production ‘to increase by 30 per cent in five years’
Nigeria’s indigenous energy companies will increase their oil and gas production by 30 per cent in the country in the next five years, according to Atlantic Energy CEOs
Caracal Energy discovers oil at Krim field in Chad
Caracal Energy has discovered oil at the Krim field, that was spud in August this year and is located immediately southwest of the Mangara field in Chad
Sonangol wins 40 per cent stake in block offshore Angola
VAALCO Energy has announced that state-owned oil and gas firm Sonangol E&P has been awarded the remaining 40 per cent interest in Block 5 offshore Angola
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