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October 17, 2019Cabinet Approves South Africa’s IRP
The approval follows the commencement of rolling blackouts across the country.
September 16, 2019South Africa’s new oil law: Government will take a free stake in energy projects
Under the new law, the government will take a 10 percent stake in all energy projects.
August 16, 2019Market Report: Halliburton Wins Drilling Work Offshore Senegal
Woodside Energy awarded Halliburton 9 contracts for drilling in Senegal.
May 27, 2019South Africa’s Carbon Tax Act signed into Law
The first phase will commence from 1 June 2019 to December 2022.
January 25, 2019Senegal approves new petroleum code
Senegal introduces new law to strengthen its ambitious hydrocarbon development strategy.
October 5, 2018Market Report: SNE field on track for first oil
The weekly Market Report is provided by Gladius Commodities of Lagos, Nigeria. Download the full report here. Learn more about Gladius Commodities at www.gladiuscommodities.com. Nigeria Nigerian National Petroleum Corporation (NNPC) has reiterated its determination to establish two condensate refineries in the country within two years. Dr. Maikanti Baru, the Group Managing Director, NNPC speaking at […]
July 22, 2018An African Perspective: No Good Will Come From NOPEC
Throughout the years I spent as an undergraduate and law school student in the U.S., one of the things I truly admired was American ingenuity. I loved following news stories about U.S. startups that scraped together enough money to go overseas, explored for oil – and despite overwhelming odds, achieved success. These companies were creating […]
July 20, 2018Market Report: CNOOC looks to invest $3bn in Nigerian oil operations
CNOOC expresses interest in investing $3 billion to its stakes in offshore operations in Nigeria.
May 15, 2018US withdraws from Iran deal, European investments under threat
America has pulled out of the Iran deal, leaving its allies’ investments in the country uncertain.
May 11, 2018Market Report: U.S. imposes new economic sanctions on Iran
U.S. President Donald Trump pulls out of nuclear deal and Treasury imposes new sanctions, Oil prices climb higher.