Eco Atlantic Provides Updates on its Operations in Namibia
Eco (Atlantic) Oil & Gas Ltd. offered an update on its operations in Namibia's Walvis Basin in its results for the year ending March 31, 2021. The company increased its...
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Shell has Commenced a Major Asset Divestment in Nigeria
Royal Dutch Shell, according to multiple sources, has launched substantial disposal of its Nigerian properties, particularly those in shallow water and onshore. Shell is said to have already hired Standard...
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Nigeria Lowers the Price of Gas to Power from $2.50 to $2.18
The President of Nigeria, Muhammadu Buhari, has announced the reduction of gas to power prices from $2.50 to $2.18. He made this known while declaring open the 2021 Gas Sector...
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African Energy Week 2021 Set to Hold in South Africa
The African Energy Week (AEW) 2021 will take place from Tuesday, November 9th, to Friday, November 12th, 2021, at the V&A Waterfront in Cape Town, South Africa. The African Energy...
Read More Petronas and ADNOC Sign Agreement to Explore Oil & Gas Opportunities in Abu Dhabi
Abu Dhabi National Oil Company, ADNOC, and Malaysian oil and gas firm, Petronas, will explore opportunities across the oil and gas value chain, following the signing of an agreement to...
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Saudi Arabia Announces Discovery of Four New Oil and Gas Fields
Saudi Arabia's energy minister, Prince Abdulaziz bin Salman, recently stated that the world's top crude exporter had identified four new oil and gas reserves. Oil has been discovered at Al...
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Golar & SNH Cameroon have Agreed to Increase LNG Production by 200,000 tonnes by 2022
The LNG transportation company, Golar, has reached an agreement with Perenco and Société Nationale des Hydrocarbures (SNH) to expand the utilisation of the FLNG Hilli Episeyo off the coast of...
Read More Nigeria’s Oil Output Dropped by 11.47% YoY in Q2’21
Nigeria produced 1.343 million barrels per day in the second quarter of 2021, according to the Organisation of Petroleum Exporting Countries' Monthly Oil Market Report (MOMR), compared to 1.517 mb/d...
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AfDB to Provide Renewable Energy to Ghana, Ethiopia, Kenya, Nigeria and Tunisia
The African Development Bank's (AfDB) Leveraging Energy Access Finance Framework (LEAF) programme aims to unlock commercial and local currency financing for decentralised renewable energy (DRE) projects in Ghana, Guinea, Ethiopia,...
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Predator Oil & Gas Announces Placing to Raise £1.3 Million
Predator Oil & Gas, a Jersey-based oil and gas company with activities in Trinidad, Morocco, and Ireland, has announced that it has conditionally placed 26,000,000 new ordinary shares with no...
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