Mozambique plans wealth fund to manage gas revenues
Maputo – Mozambique plans to set up a sovereign wealth fund to manage revenue from the exploitation of gas... Read more
10 Aug, 2022
Libya oil production returns to pre-blockade levels, says official
Tripoli – Libya’s oil production has returned to the volume recorded before a months-long blockade that paralysed the economy,... Read more
1 Aug, 2022
DRC launches controversial auction for oil and gas blocks
Kinshasa – The Democratic Republic of Congo on Thursday launched a controversial auction of 30 oil and gas blocks,... Read more
29 Jul, 2022
Ivory Coast announces new oil, gas discovery
Abidjan – Ivory Coast reported a fresh discovery of offshore oil and natural gas by Italian firm Eni on... Read more
28 Jul, 2022
Algeria announces three oil, gas finds in desert
Algiers – Algerian state oil firm Sonatrach announced on Monday new oil and gas discoveries in the North African... Read more
26 Jul, 2022
Nigerian oil giant now free of state control, says president
Abuja – President Muhammadu Buhari said on Tuesday Nigeria’s state-run oil firm would now operate as a fully commercial... Read more
20 Jul, 2022
New chief at Libya’s key oil firm, US warns against confrontation
Tripoli – Libya’s government replaced the head of the key National Oil Corporation on Thursday in a dramatic move... Read more
15 Jul, 2022
Libya’s oil firm chief resists move to replace him
Tripoli – Libya’s Tripoli-based government has named a new head of the state oil company to replace veteran technocrat... Read more
14 Jul, 2022
Libya oil firm lifts force majeure at key terminals
Tripoli – Libya’s National Oil Corporation said on Wednesday it was lifting the force majeure at two eastern export... Read more
14 Jul, 2022
Angola boosts fuel production with refinery expansion
Luanda – Oil-rich Angola on Thursday unveiled a new production unit that will increase fourfold the output at its... Read more
8 Jul, 2022
