Victoria Oil and Gas has posted its first profit as it seeks to increase its reserves and produce more gas in Cameroon.
Total has struck a deal with Gulf Africa Petroleum Corporation's (GAPCO) for its assets in Kenya, Uganda and Tanzania.
Eland Oil & Gas posted record production in the Niger Delta, according to its latest financial results.
Libya’s Petroleum Facilities Guard captured a town near the country’s biggest oil port of Es Sider after clashes with Islamic State militants as the divided country works to reunite factions and revive the economy and oil production.
Victoria Oil & Gas today confirmed a board revamp as looks to bolster its financial leadership.
Militants in Nigeria have continue their campaign against oil majors, blowing up gas and crude pipelines belonging to Shell and Agip on Saturday.
South Sudan authorities have arrested an army major and a Chinese oil worker for allegedly trafficking elephant ivory and endangered pangolin meat through the country’s Paloich oil fields.
Sasol’s field development plan in Inhambane province in Mozambique has reached an important milestone with the commencement of the drilling of the first well, the company said.
BP has awarded a multi-million dollar topside maintenance contract to Actemium for its two FPSOs in Angola.
Oil major Chevron's onshore activities in Niger Delta have been shut down by a militant attack, according to reports.
Attacks on oil infrastructure will continue at least in the short to medium term, resulting in depressed oil output over much of 2016, according to analysts.
A crude pipeline in Nigeria operated by a local subsidiary of Eni has been attacked by militants.
Petroceltic today confirmed its successful drilling campaign in Algeria.
Nigeria's President Muhammadu Buhari on Friday said he ordered a heightened military presence in the restive Niger Delta region to deal with a resurgence of attacks on oil and gas facilities, a day after yet another pipeline explosion.
Oil majors Shell and Exxon are the international oil companies most exposed to the explosion of violence in the Niger River delta that has cut Nigeria’s output and fueled a rally in global crude prices, according to Rystad Energy.
Cairn Energy today said its fourth Senegal appraisal well confirmed reservoir extensions, spanning more than 5km.
A general strike called in Nigeria to protest against higher fuel prices drew only partial compliance after the main unions failed to take a common stand following talks with the government and an injunction imposed by an industrial court.
Algeria will supply oil and other energy products to Jordan for the first time under a memorandum of understanding signed on Monday, as the OPEC member seeks to diversify sales after years of stagnating crude production.
Circle Oil has completed its infill drilling campaign on the North West Gemsa field in Egpt.
San Leon Energy is aiming to raise at least $200million through a share placing priced at a significant premium in order to fund the acquisition of an indirect interest in a producing oilfield in Nigeria.
Nigeria’s oil production has dropped again as a third major crude-export facility was disrupted, this time by accidental damage rather than militant attacks.
An explosion has rocked a Chevron oil pipeline in Nigeria's Delta region.
Radical militant group the Niger Delta Avengers has warned it will step up attacks unless oil firms left the region within two weeks.
Circle Oil's financial position remains "under significant pressure" and needs sustained improvement in payments from Egypt's state-owned oil company to shore up its cash position.
Fields responsible for the bulk of Libya’s oil exports will be forced to halt production within a month unless a blockade is lifted on the port of Marsa el-Hariga, according to the Tripoli-based National Oil Corp.