Category :

Africa Crude Oil News

Equatorial Guinea inks LNG sales, infrastructure agreement with Burkina Faso

Equatorial Guinea inks LNG sales, infrastructure agreement with Burkina Faso

9/18/2017 MALABO -- The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, has signed a memorandum of understanding (MoU) with the Government of Burkina Faso to supply the West African country with LNG and build critical infrastructure to import, store and transport gas.…

Algeria to lean on central bank to plug deficit amid oil slump

Algeria to lean on central bank to plug deficit amid oil slump

By Tarek El-Tablawy and Salah Slimani on 9/18/2017 CAIRO (Bloomberg) -- Algeria’s prime minister laid out a sweeping plan to plug the budget deficit that would include direct borrowing from the central bank, as the OPEC member looks to compensate for lower oil revenue without tapping…

SDX Energy spuds KSR-14 development well in Morocco

SDX Energy spuds KSR-14 development well in Morocco

9/18/2017 LONDON -- SDX Energy Inc., the North Africa focused oil and gas company, has announced the spud of its KSR-14 development well on the Sebou permit in Morocco. This is the first of a nine-well drilling program on the Company’s Sebou, Gharb Centre and Lalla…

Total signs agreements to explore Senegal’s deepwater potential

Total signs agreements to explore Senegal’s deepwater potential

5/2/2017 PARIS -- Total and the Republic of Senegal have signed two agreements enabling Total to contribute to the exploration activities in Senegal’s deep and ultra-deep offshore. “An established player in refining and marketing in Senegal, Total is delighted to expand its presence in the country…

Total signs agreements to explore the Senegal’s deepwater potential

Total signs agreements to explore the Senegal’s deepwater potential

5/2/2017 PARIS -- Total and the Republic of Senegal have signed two agreements enabling Total to contribute to the exploration activities in Senegal’s deep and ultra-deep offshore. “An established player in refining and marketing in Senegal, Total is delighted to expand its presence in the country…

Minister sees `glaring’ problems in South African oil stock sale

Minister sees `glaring’ problems in South African oil stock sale

By Paul Vecchiatto and Paul Burkhardt on 5/2/2017 CAPE TOWN and JOHANNESBURG (Bloomberg) -- South Africa has found “glaring governance problems” related to a 2015 sale of the country’s crude oil reserves, Energy Minister Mmamoloko Kubayi told lawmakers. Kubayi’s department has told the Strategic Fuel Fund,…

Sifca to boost West Africa’s palm-oil output as demand grows

Sifca to boost West Africa’s palm-oil output as demand grows

By Olivier Monnier on 4/28/2017 ABIDJAN, Ivory Coast (Bloomberg) -- Ivory Coast’s biggest oil-palm grower plans to meet rising demand for the product in Africa by increasing the capacity of its refineries and pushing output to at least 1 million tons a year by 2022. “Our…

Schlumberger and Sound Energy expand cooperation in Morocco

Schlumberger and Sound Energy expand cooperation in Morocco

4/25/2017 SEVENOAKS, UK -- Sound Energy, the African and European-focused upstream gas company, has announced the signature of binding heads of terms with Schlumberger, which will expand Sound Energy's relationship with Schlumberger into Meridja and the Tendrara relinquished area(s), in exchange for a full carry on…

South Sudan blocks open for direct negotiation, following collapse of talks with E&P companies

South Sudan blocks open for direct negotiation, following collapse of talks with E&P companies

4/24/2017 JUBA, South Sudan -- Representing the Government of South Sudan, the Ministry of Petroleum has announced that it is welcoming the interest of investors for direct negotiations on oil and gas in Blocks B1 and B2. The announcement comes after negotiations broke down with the…

Sound Energy announces mobilization of rig to Sidi Moktar, Morocco

Sound Energy announces mobilization of rig to Sidi Moktar, Morocco

4/18/2017 LONDON -- Sound Energy, the African and European focused upstream gas company, is pleased to announce the mobilization of a rig to the Company's Sidi Moktar asset, onshore Morocco. The Sidi Moktar licences cover 2,700 km2 in the Essaouira basin, central Morocco and contain an existing gas…

1 2 3 4 5 10

Login

Or form here

Don't have an account ? Sign Up

Register New Account

Or form here

Please setup your Google reCAPTCHA secret key first.

Reset Password

Already have an account ? Login