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The Way Forward: How Africa Can Make a Comeback from the Oil & Gas Downturn

Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia…

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Outlook for Africa’s oil & gas industry improves – PwC report

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external…

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South Sudan, Equatorial Guinea Begin Collaboration on Oil and Gas

The two nations will use the new partnership as a basis for exchanging information on policy and regulation; promoting upstream,…

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Equatorial Guinea Presents Offer to Join OPEC in 2017

Gabriel Mbaga Obiang, Minister of Mines and Hydrocarbons, travelled to Vienna on January 20 to meet with OPEC officials and…

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Sub-Sahara Africa’s growth to slow amid oil and other commodities price drop – World Bank

Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections…

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Horn Petroleum rebrands to Africa Energy, hires additional management

Horn Petroleum Corporation has announced that it has invoked a new corporate strategy to take advantage of the current downturn in…

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Ophir Energy Plc announces its preliminary Full Year Results for 2013

Full Year Results Highlights: •Announced the divestment of a 20% interest in Blocks 1, 3 and 4 Tanzania to Pavilion…