South Africa Increases Price of Petrol
The Department of Mineral Resources and Energy (DMRE) has announced that the price of petrol will increase by between R1 and 95 cents a litre from today, Wednesday 7th April...
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Qatar Petroleum Partners with Shell in Deepwater Offshore Blocks in Namibia
Qatar's state-owned petroleum company, Qatar Petroleum, has agreed with Shell to become a partner in two (2) exploration blocks offshore the Republic of Namibia, subject to customary approvals. Per the...
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Angola’s ANPG Rolls out Timetable for Ongoing Bid Round; to Engage Investors this Month
The Angolan National Oil, Gas and Biofuels' Agency (ANPG) has set April 12th for a hybrid online and physical roadshow for the current oilfield bid-round, at the Talatona Convention centre...
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Egypt: Pharos Energy Receives Nod for Amendment of El-Fayum Concession Terms
Pharos Energy has received provisional approval from the Egyptian General Petroleum Corporation's (EGPC) Main Board to an amendment of the fiscal terms of its El-Fayum Concession, subject to the approval...
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Fuel Prices Set to Increase in Namibia for the Third Time in 2021
Fuel prices in Namibia will increase for the third time this year from Wednesday, 7th April 2021, as petrol and diesel will increase by 50 cents per litre, which means...
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ENI Exits Tunisia to Focus on Clean Energy in Egypt and Mozambique
The Director-General of hydrocarbons at the Tunisian Ministry of Industry, Energy and Mines, Rachid Ben Dali, said that the departure of Italian oil and gas group, ENI, from Tunisia is...
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Lukoil Withdraws from Purchase of FAR’s Interest in Senegal Project
Australian oil and gas company, FAR Ltd, has announced that Russia's Lukoil will not be making a legally binding takeover offer, which means that Woodside returns as the leading company...
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Marketers Should be Allowed to Determine Gas Prices in Nigeria – DPR
At the Pre-Summit Conference of the Nigerian International Petroleum Summit (NIPS), on the theme: 'The Decade of Gas – Towards a Gas-Powered Economy’, the Director of the Nigerian Department of Petroleum...
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Namibia’s NAMCOR Takes Charge of the National Oil Storage Facility
The National Petroleum Corporation of Namibia (NAMCOR) has taken charge of the operation and maintenance of the country's multi-million-dollar National Oil Storage Facility. The facility consists of a tanker jetty,...
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Tower Resources Granted Extension of PSC Exploration Period by Cameroon
The AIM-listed oil and gas company, Tower Resources, has announced an update regarding its planned operations on the Thali license in Cameroon held by its subsidiary Tower Resources (TRCSA) and...
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