Latest Stories

KPMG says Moldovan investor falsified financial statements to claim $500mn from Kazakhstan

3 September 2019

Auditor’s decision to withdraw three years of reports is likely to change the outcome of the $500mn international legal battle between businessman Anatol Stati and the Kazakh state.

NNPC head sees Nigerian oil output rising to 2.5mn bpd next year

2 September 2019

The new head of Nigeria’s national oil company (NOC) has expressed optimism about his country’s ability to increase oil production in the short term.

Noble Energy finds oil offshore Equatorial Guinea

2 September 2019

Equatorial Guinea’s Ministry of Mines and Hydrocarbons revealed last week that Noble Energy has discovered new oil reserves at Block 1, an offshore licence area that lies east of Bioko Island.

Tullow backs out of Ugandan farm-in deal with Total and CNOOC

2 September 2019

Tullow Oil has terminated a farm-in deal with France’s Total and CNOOC for the Lake Albert project in Uganda.