Genel Energy reported an operating loss of $340 million for the first half of the year, but still generated $6.5mn of free cash flow.
The US has called for “all responsible parties” to allow the National Oil Corp. to go about its business.
Qatargas has chosen Air Products to supply process units to the major LNG expansion programme, which will become operational in 2025.
Eskom has launched an attempt to recover cash lost to alleged corruption, which took place in 2015-16.
Adnoc Logistics & Shipping has launched a joint venture with Wanhua Chemical Group focused on the transportation of LPG and products.
Austin Avuru has retired from his position as CEO of Seplat Petroleum, paving the way for Roger Brown, current CFO, to take the top spot.
The Syrian Ministry of Foreign Affairs and Expatriates has condemned “in the strongest terms” a reported deal between a US oil company and the Syrian Democratic Forces (SDF).
Nigeria-focused San Leon Energy will stump up $15 million as a loan to secure the completion of the Alternative Crude Oil Evacuation System (ACOES), for exports from its OML 18.
Sasol has invited bidders to participate in developing two 10 MW solar photovoltaic (PV) facilities in South Africa.
Kosmos Energy reported a net loss of $199 million for the second quarter of the year, with an adjusted net loss of $95mn.
The Serious Fraud Office (SFO) has won orders confiscating £5.45 million from former Afren executives.
Glencore produced more oil in the first half of the year, despite shutting down its Chadian assets.
Last year was a “pivotal year” for Savannah Energy, the company has said announcing its 2019 preliminary results, as revenues flowed from its Nigerian portfolio.
Somalia’s cabinet has approved the members of the Somali Petroleum Authority (SPA).
Sasol has struck an exclusive negotiations agreement on the sale of its 16 air separation units to Air Liquide.
Algeria’s Sonatrach has continued its habit of signing memorandums of understanding (MoUs), adding OMV and Cepsa to its list.
Total Gabon has struck a deal to sell stakes in seven mature offshore fields to Perenco, for $290-350 million.
Despite challenges thrown up by the coronavirus outbreak, BP’s production in Africa was largely unchanged, although exploration and development has been pushed back.
Libya’s National Oil Corp. (NOC) has expressed concerns about increasing military presence at its facilities and the seizure of jet fuel at Zueitina.
Seplat fell to a loss in the first half of the year as oil prices roughly halved, from $65.16 per barrel in the first half of 2019 to $35.94.
Tullow Oil produced 77,700 barrels per day in the first half of the year, while the realised oil price was $52 per barrel.
The UK government is reconsidering its support for financing foreign oil and gas projects, following UK Export Finance’s (UKEF) commitment to the Total-led Mozambique LNG project.
The Netherlands’ FMO development bank has set out new funding for solar power company Lumos for expansion in Cote d’Ivoire.
A well drilled offshore Egypt may be able to flow at up to 100 million cubic feet (2.83 million cubic metres) per day of gas, Total has reported.