OFID invests $50 million to support Egypt purchase gas, petroleum products
05/12/2018The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum.
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Business & Economy
Eco Atlantic Oil & Gas gets environmental greenlight for offshore Namibia drilling
27/09/2018It sets Eco and partner Tullow Oil up to drill the Osprey exploration well next year, but, first the sector’s attention will.
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Business & Economy
‘Nigeria Lost $1.150bn of Potential Gas Income to Flaring in 2016’
18/09/2018In 2016 alone, Nigeria could not earn about $1.150 billion potential gas revenue because as much as 275 billion cubic feet (BCF).
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Business & Economy
Egypt signs 2 deals to explore for petroleum, gas at $1 bln investments
15/09/2018Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla signed on Saturday two deals with firms from Canada, the UK, the Netherlands,.
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ECOWAS popularizes use of liquefied petroleum gas in the region
14/08/2018The Commission of the Economic Community of West African States (ECOWAS) has moved to validate its regional strategy for the popularization of.
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Petronas acquires 30% equity in Senegal oil, gas block
13/08/2018Malaysian oil and gas company Petroliam Nasional (Petronas) said on Monday it has acquired a 30% stake in Senegal’s Rufisque Offshore Profond.
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