South Africa: TotalEnergies signs an agreement to divest its minority stake in Natref refinery to the Prax Group

 In line with its strategy to divest non-core assets, TotalEnergies has announced the signature of an agreement to divest the 36.36% minority stake, held by TotalEnergies Marketing South Africa, in … Read More

NAMIBIA: Global Petroleum Raises £253,000 to Meet Obligations Relating to the Walvis Basin License PEL94

Global Petroleum has raised £253,000 in aggregate before costs through a Placing of 421,666,666 Ordinary Shares. Daniel Page, Executive Chairman of Global Petroleum commented:“The primary purpose of the Fundraise is … Read More

ZIMBABWE: Invictus Energy Moves to Mukuyu-2 Vertical Sidetrack to Overcome Borehole Conditions & Well Control Challenges

Gas recovery and wireline data provides confirmation of moveable hydrocarbonsInvictus reports that the exploration team has successfully recovered natural gas (predominantlymethane and trace heavier hydrocarbons) to surface from the Pebbly … Read More

NAMIBIA: 88 Energy Executes 3-stage Farm-in Agreement with Monitor Exploration for PEL 93

88 Energy LimitedHAS announceD the execution of a three stage farm-in agreement with a wholly-owned subsidiary of Monitor Exploration Limited to earn up to a 45% non-operated working interest in … Read More