Shell said it knew some of the $1.1 billion paid to the Nigerian government in 2011 for an exploration license would go to a company linked to the country’s former oil minister, changing its previous stance on a deal that’s under investigation for alleged corruption.
Africa-focused Savannah Petroleum said today that a last minute rig switch had boosted its onshore drilling campaign in Niger.
Shell and Eni today reiterated that they did not make fraudulent payments when buying a Nigerian oil field in 2010-11.
Aminex narrowed its losses in what is chairman hailed a "landmark" year for the firm.
Africa-focused Tlou Energy said today that three of its key licences in Botswana have been renewed for a further two-year term.
West-Africa-focused Eland Oil and Gas said today that it had pumped 330,000 barrels of oil from its Opuama-3 well since resuming production in January.
Nigeria-based Lekoil said today it had agreed a $15million advance payment facility with Shell.
China’s largest offshore crude producer has snapped up a 65% stake in a licence off the coast of West Africa.
Boardroom turmoil at troubled Scottish oil explorer Bowleven took a new twist last night, when the company launched a “strategic review of all options”.
SDX has kicked-off a drilling campaign in the Nile Delta area of Egypt, it today confirmed.
A Nigerian court has overturned an earlier ruling to confiscate an oil asset from Shell and Eni, a news report said.
Chinese firm Cnooc will take a slice of the Ugandan assets Tullow Oil is selling to Total.
Somali pirates who seized an oil tanker have opened fire on naval troops from the semi-autonomous state of Puntland, sparking clashes between the two sides, an official said.
Families of the eight Sri Lankan crew members held captive by Somali pirates on an oil tanker have pleaded for the men to be released unharmed, while the pirates demanded a ransom.
Total today confirmed first production for its offshore Congo development.
Pirates have hijacked an oil tanker off the coast of Somalia in the first attack on a large commercial vessel there since 2012.
Chevron today confirmed it had started production form its Mafumeira Sul development offshore Angola.
Cairn Energy's Senegal appraisal well has lived up to expectations, according to the firm.
Mention Algeria in oil and gas circles these days and the deadly terrorist attack on the In Amenas gas plant more than four years ago is likely to spring to mind.
South Sudan’s government said it granted Oranto Petroleum International Ltd. a license to explore for oil in a block covering three states in the East African nation that may contain “vast” deposits of oil.
US firm Erin Energy has booked a rig for a drilling campaign offshore Nigeria.
Under-fire Bowleven said today that it had agreed to farm out a large stake in its onshore licence in Cameroon to another London-listed firm.
SacOil today confirmed it had acquired 100% of Phembani Oil Proprietary for $15.4million in a bid to diversify its business.
Anglo Africa Oil & Gas (AAOG) today confirmed its admission to the AIM Market of the London Stock Exchange.
Nigeria has filed new corruption charges against Shell and Eni over the $1.3billion acquisition of an oilfield in 2011, a news report said, citing court documents.