Global discoveries of conventional resource volumes in the first half of 2020 only reached 4.9 billion barrels of oil equivalent (boe), estimates Rystad Energy, the weakest-performing first half of the 21st century
Solo Oil has received confirmation from the operator Ndovu Resources Limited that the Mtwara Exploration Licence has been formally extended by the Ministry of Energy of Tanzania
Research and consultancy group Wood Mackenzie has said that Africa’s upstream spend in 2020 is down US$14bn versus its pre-crash view
National oil company Nigerian National Petroleum Corporation (NNPC) has said 53 per cent of the US$58mn pledged as medical intervention by the oil and gas industry group in the fight against COVID-19 will be devoted to the construction of medical infrastructure across the six geopolitical zones in the country
E&P company Neptune Energy has announced a major milestone for Algerias Touat gas facility, with operatorship formally transferred to Groupement Touat Gaz (GTG)
