News Feeds

Author | Legal Icon | Energy Expert

Access LNG Project in Ghana Reaches Financial Close

The Emerging Africa Infrastructure Fund (EAIF) has announced that the project partners for the Tema LNG project in Ghana have reached the financial close on November 16th 2020. The Access...
Read More

Sasol and VAALCO Sign SPA for Etame Marine Block offshore Gabon

Sasol Gabon S.A. (Sasol) and VAALCO Gabon S.A. (VAALCO) have signed a Sale and Purchase Agreement (SPA) that will allow VAALCO acquire the 27.8% working interest of Sasol in the...
Read More

Olam Palm to Construct Biofuel Plant in Gabon

Olam Palm shall set up its plant to produce biofuel from palm oil in the southern zone of Libreville in Gabon. The five hectares site was specifically chosen because of...
Read More

President Buhari Commissions 5,000 BPD WalterSmith Refinery in Imo State, Nigeria

The 5,000 barrels per day Waltersmith Refinery in Ibigwe, Imo State, Nigeria, was commissioned on Tuesday, 24th November 2020. It became the second private-owned functioning refinery in the country, after...
Read More

Libya Reach Agreement on Development of Contract Area 47 in Ghadames Basin

The Chairman of the National Oil Corporation (NOC) of Libya, Mustafa Sanalla, was in a meeting for the past three days with the Chairman of the Board and Chief Executive...
Read More

“No major investment decision was taken in Deepwater Nigeria from 2015 – 2019” – Total Nigeria MD

During a session titled “Future of Oil and Gas Industry in Low Oil Price Environment: Survival Strategies” at the recently held 38th edition of the international conference and exhibition of...
Read More

Angola to Sell Stakes in Sonangol and Endiama to Generate Funds

The Finance Minister of Angola has announced that Angola will start a partial disposal of its National Oil Company, Sonangol, and diamond firm, Endiama, by the end of 2021 or...
Read More

Cameroon Grants Approval for Matanda Block License to “Gaz du Cameroun”

Cameroon based gas and condensate producer and distributor, Victoria Oil & Gas, has announced that its wholly-owned subsidiary, Gaz du Cameroun S.A. (GDC) has received approval for the Matanda Block...
Read More

Morocco Drafting Law to Allow Self-generation of Electricity

The Moroccan authorities are said to be drafting the law that will govern self-generation of electricity which will allow any natural or legal person to self-produce energy. The law, once...
Read More

Panoro Publishes Q3 Report Highlighting Activities in Gabon, Tunisia and Nigeria

Panoro Energy has published its financial results and operational updates for Gabon and Tunisia for Q3 2020. The total revenue for the period under review is $7.59 million. The release...
Read More