Oil companies must stop flaring gas by the end of this year or face a fine according to a draft of Nigeria’s new oil bill
Gas
Risks for oil companies focussing on emerging markets identified
A new survey published by Clifford Chance has identified the key drivers and risks for growth through mergers and acquisitions (M&A) within emerging markets
Eni announces major new gas discovery offshore Mozambique
Eni has announced a giant natural gas discovery in Area 4 of the Coral 1 exploration prospect offshore Mozambique
Fifth Tanzanian find on the bounce for BG Group
BG Group has announced its fifth consecutive Tanzanian gas discovery following a successful drilling operation at its Mzia-1 exploration well in Block 1, offshore southern Tanzania
Exploration firm to invest US$10 million in Namibian gas blocks
An international energy company has committed US$10 million to its exploration budget for two offshore Namibian gas blocks