Russia’s Tatneft, in co-operation with Libya’s National Oil Corp. (NOC), has resumed exploration drilling in the country after a 10-year hiatus.
South African company set to begin trading helium once its LNG plant comes on stream.
TotalEnergies E&P Angola has exercised its option to use the Maersk Voyager, a seventh-generation drillship owned by Maersk Drilling (Denmark), to sink the ultra-deepwater Ondjaba-1 exploration well at Angola’s Block 48.
Chinese ‘teapot’ refiners said to have eye on Iranian crude floating off China, Singapore and Malaysia
Venezuela was reportedly preparing to send about 2mn barrels of heavy crude oil to Iran within the framework of a crude-for condensate swap as of October 16.
Tanzania Electric Supply Co. Ltd (Tanesco), loses the equivalent of $7mn per month due to inefficiency, power losses, technical and non-technical issues, according to Maharage Chande, the company's new managing director.
Fresh corruption allegations have surfaced in a tug of war to provide South Africa with emergency power, as powership provider Karpowership SA accused its rival bidder, DNG Power, of holding the government ‘hostage’ with baseless claims.
Ghana’s government has pledged support to the state-owned Volta River Authority (VRA) and Bui Power Authority (BPA) to be able to achieve their full potential in renewable energy, according to the Minister for Energy, Dr. Matthew Opoku Prempeh.
Zimbabwe Electricity Supply Authority (ZESA) executive chairperson Sydney Gata has accused Finance Ministry Secretary George Guvamatanga of refusing to guarantee independent power producers’ deals and unlock their funding.
Patrick Pouyanné, the CEO of France’s TotalEnergies, has said that his company will not flare any of the associated gas contained within its oilfields offshore Suriname.
Kenya’s electricity utility and national airline are set to receive money from the National Treasury in the next financial year to support their recovery.
US-based Occidental Petroleum has sold off its stakes in two Ghanaian oilfields for $750mn in an effort to end a two-year divestment designed to reduce debt.
Nigeria’s government is facing a growing budget crisis, as a subsidy policy designed to protect the population from growing oil prices is putting increasing pressure on the federal budget.
Fitch Ratings has changed the status of US-based Kosmos Energy to Rating Watch Positive (RWP) in light of the company’s recent deal with Occidental Petroleum for the acquisition of stakes in several Ghanaian oilfields.
Senyo Hosi, the CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), has said that the Tema Oil Refinery (TOR) has to be privatised to stop it from acting as a drain on the Ghanaian economy.
A few months ago, the country was flooded with miners from China.