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FeaturedSouth Sudan First Energy Event Attracts 400 Delegates
The event attracted CNPC, Petronas and Tullow Oil and ministerial delegations.
December 11, 2017The Buzz: This Week in Africa
Top Stories: Tullow's Uganda Farm-Down Expected Next Year; Ivory Coast, Morocco Power Projects Get a Boost
ExxonMobil Makes New Eq. Guinea Oil Find
ExxonMobil strikes oil with exploration well in EG-06.
December 8, 2017Market Report: Exxon Signs PSCs with Mauritania
ExxonMobil E&P Mauritania Deepwater Ltd. has signed with the government of Mauritania to explore three deep-water offshore blocks.
December 4, 2017The Buzz: This Week in Africa
Top Stories: Nigeria, Libya Join OPEC-led Oil Production Cuts; Kenya Offers Investors Cheap Electricity
December 1, 2017Market Report: Nigeria Budgets for 2.3m bpd
NNPC says the Federal Government’s 2.3 million bpd oil projection for the 2018 budget is realistic.
November 30, 2017African Producers, APPO Support OPEC Production Cuts
The APPO announced its support for the oil production cuts.
November 27, 2017The Buzz: This Week in Africa
Top Stories: Equatorial Guinea Pursues Refinery; Funding Expected for Fortuna FLNG; BP Plans to Acquire Cairn’s Senegal Stake
Equatorial Guinea Will Host GECF Gas Summit in 2019
Equatorial Guinea will host the fifth annual Gas Exporting Countries Forum (GECF) Gas Summit in 2019.
November 24, 2017Market Report: Gambia Blocks Show Potential
An audit of two offshore blocks off the coast of The Gambia found potential for a total of 1.1 billion barrels of oil.
November 20, 2017The Buzz: This Week in Africa
Top Stories: Isabel dos Santos Fired as Sonangol’s CEO; Djibouti Snags $4bn Gas Project; ExxonMobil Exits Liberia
November 17, 2017Market Report: Ghana In Talks with Exxon
Ghana has opened talks with Exxon Mobil to allow the firm to undertake deepwater exploration.
November 13, 2017The Buzz: This Week in Africa
Top Stories: China to Fund Hydro Power Plant in Nigeria; Kenya To Increase Oil Revenue Share for Locals
November 10, 2017Market Report: Nigeria Calls for Talks to Renew Licenses for Shell, Total
Nigeria is also urging Shell and Eni to continue the disputed OPL 245.
November 9, 2017AOP Signs Agreement with Atlas/Oranto Petroleum to Promote Licenses
Africa Oil & Power will assist in attracting farm-in partners.
November 6, 2017Oranto Petroleum Begins Oil Exploration in South Sudan
Oranto Petroleum is exploring Block B3 in South Sudan with BGP Inc.
The Buzz: This Week in Africa
Top Stories: Sudan in talks with America on Oil Industry; Nigeria Explores Onshore Basins
November 3, 2017Market Report: Shell Sells Onshore Gabon Assets
The entirety of Shell's Gabon onshore oil and gas interests went to Assala Energy.
October 30, 2017The Buzz: This Week in Africa
Top stories: Kenya, Tullow Oil Ink Deal to Progress with Pipeline; Dangote Refinery to be Operational in 2019
October 27, 2017Market Report: Nigeria Pushes Overhaul of Refineries
Nigeria's refineries investment requires an investment of $2 billion.
October 23, 2017Hess Corp. Reaches Tax Settlement With Eq. Guinea
The resolution of tax issues clears the way for Hess’ sale of its interest in the assets to Kosmos Energy.