PetroNor’s bid to avoid arbitration over a licence dispute with Senegal has failed.
Libya has entered a “rare period of political stability” but it faces two major challenges, according to a recent Verisk Maplecroft report.
Angola will hold a roadshow session for its 2020 bid round on April 12, pushed back from April 6.
Shell signed a memorandum of understanding (MoU) with Sonatrach last week, looking at potential trading opportunities.
Total expects to start up its Ikike field, offshore Nigeria, by the end of 2021 and will drill a number of exploration wells across its African portfolio.
Libya’s National Oil Corp. (NOC) held a meeting with the new government on March 31 to discuss the importance of funding the company.
A hoax statement claims Galp is abandoning its involvement in northern Mozambique in order to pursue a “100% renewable future”.
Lukoil has pulled its non-binding bid for FAR, clearing the way for Woodside Energy to increase its stake in the Sangomar project.
Foreign military support is growing in Mozambique’s northern Cabo Delgado Province following the attack on Palma but it is clear that the LNG plans have suffered a major setback.
Tanzanian President Samia Suluhu Hassan has suspended the head of the Tanzania Ports Authority (TPA) in connection to missing cash.
The Ever Given has reached the Great Bitter Lake, allowing the Suez Canal traffic jam to begin easing.
Pharos Energy has secured improved fiscal terms on its El Fayum concession, in Egypt’s Western Desert.
A final investment decision for the Etinde project in Cameroon has slipped once more, with Bowleven now tipping 2022.
The MT Ever Given has been partially re-floated, although there are conflicting reports about whether more work will be needed to free the container ship.
The terrorist attack on Palma on March 24 has led to the deaths of a number of people and expatriate workers.
The MT Ever Given remains stuck across the Suez Canal, driving up oil prices – and jokes on social media.
The gap between what Nigeria pays to import fuel and what it is sold at is unsustainable and must change, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari has said.
Eni has signed a number of agreements, including on relaunching exploration and development, with Algeria’s Sonatrach.
Petrozim Line has awarded a 10-month engineering contract to Penspen, on the Feruka-Harare pipeline in Zimbabwe.
An Italian judge has approved a settlement with Eni over alleged corruption in Congo Brazzaville.
Australia’s Invictus Energy has completed a capital raise of A$8 million ($6.1mn), which it will use to progress work on its Zimbabwean hopes.
Just hours after Total announced its proposed plans to restart work at Mozambique LNG, insurgents have attacked the nearby town of Palma.
The fallout from one of the world's largest container ships getting stuck in Egypt’s Suez Canal is disrupting oil and LNG shipments. Crude prices are already rising as the crucial world shipping choke point is set to be cut off for at least another two days.
Total intends to resume work at the Mozambique LNG site after the government has provided assurances of improved security.
The MT Ever Given container ship has become wedged into the wall of the Suez Canal, blocking the waterway.