Uncategorised Archives | Page 60 of 119

27th March 2021

TransGlobe Energy Provides Operations Update on Western and Eastern Deserts in Egypt

TransGlobe Energy has announced an update on its operations in Egypt, including its 100% Working Interest in the Western Desert - South Ghazalat and its 100% working interest in the...

27th March 2021

IEA Discusses Challenges of Nigeria and other African Refiners in New Report

A new report by the Paris-based International Energy Agency (IEA) assesses refineries in African countries, their current capabilities and factors hindering their growth and expansion. Some of the African countries...

26th March 2021

Africa has ‘Central Role’ to Play in India’s Oil Supply Diversification – Dharmendra Pradhan

Speaking to an industry summit, the Indian Minister for Petroleum & Natural Gas and Steel, Dharmendra Pradhan, said African countries could be key to India's bid to diversify its primary...

26th March 2021

Mozambican Government and Total Agree to Restart LNG Project in Afungi

The government of Mozambique and French oil and gas group, Total, have announced that construction work is due to resume on the natural gas liquefaction plants on the Afungi Peninsula,...

25th March 2021

Invictus Energy Raises AUS8 Million Placement for Seismic Acquisition in Zimbabwe

Invictus Energy announced that it had received firm commitments from new and existing institutional and sophisticated investors to raise A$8 million (before costs) by way of a share placement. Under...

25th March 2021

Bid Winners of Nigeria’s Marginal Oilfield Round Have Started Paying Signature Bonuses

The Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva, said almost 50% of the companies who won the bid for the fifty-seven (57) marginal oilfields have paid their...

24th March 2021

Bureau Veritas Completes Classification of Torman LNG FRU at Tema Port, Ghana

Classification society, Bureau Veritas, has completed the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana. The unit is combined with a floating storage unit (FSU)...

24th March 2021

ADM Energy Acquires Interest in OML 141, offshore Nigeria

Natural resources investment company, ADM Energy, has announced it has reached a conditional agreement to invest in the Barracuda oil field in OML 141, offshore Nigeria, through an acquisition of...

23rd March 2021

Saudi’s Aramco Reports 44% Slide in its Net Profit for 2020

In a statement to the Tadawul Stock Exchange, where the Company shares trade, the world's largest oil-exporting company, Saudi Aramco, has reported a 44% slide in net profit for 2020...

22nd March 2021

Angolan Oil Revenues Increased by 8.7% in February

According to available data from the Special Taxation Department (DTE) of the General Tax Administration, published on the official website of the Angolan Ministry of Finance, fiscal oil revenues increased...