AfrOil - Africa Oil & Gas

Oil prices jump 5% after Biden comments on potential Israel-Iran escalation

Crude oil prices surged 5% on October 3 after President Joe Biden said the United States was "discussing" the possibility of Israel striking Iran's oil industry.

Petrobras signs MoU with Argentina's YPF, makes moves in Africa

Petrobras has signed a memorandum of understanding with Argentina's YPF to explore joint ventures in the exploration and production sector while simultaneously mulling collaborations with other oil majors in Africa.

Stabex launches aviation fuelling trucks amid shortage at Kenya's JKIA

Saipem pre-qualified for work on Structure E gas platform off Libyan coast