MAURITANIA: Over $289M in Financing to Develop Solar Power Generation, Transmission & Accelerate Energy Transition

Mauritania’s Minister of Economy and Sustainable Development, Abdessalam Mohamed Saleh, and the African Development Bank’s Deputy Managing Director for North Africa, Malinne Blomberg, signed, on Thursday in Nouakchott, financing agreements … Read More

SOUTH AFRICA: Etana Energy Signs Energy Supply Deal with Growthpoint Properties

Chariot Limited has reported that Etana Energy (Pty) Limited, the electricity trading platform in which Chariot owns a 49% interest, has signed a milestone Power Purchase Agreement (PPA) with Growthpoint … Read More

Africa and Latin America set to lead high-impact well drilling in 2024, eyeing rebound after poor 2023

The upstream industry hopes 2024 can be a bounce-back year for high-impact oil and gas drilling after a lackluster 2023, with Africa and Latin America likely to spearhead activities. Rystad … Read More

CAMEROON: Perenco Delivers a Notification of Termination on the conditional sale of New Age’s Participating Interests in the Etinde permit

Bowleven announces that it has today been informed by New Age (African Global Energy) Limited the operator of the Etinde JV, that New Age has received a Notification of Termination … Read More

UGANDA: Final Refinery Funding Negotiations Announced with Alpha MBM Investments

Final negotiations for the financing and construction of Uganda’s USD 4 billion domestic refinery began this month after Alpha MBM Investments from the United Arab Emirates was chosen by the … Read More

SOUTH AFRICA: Eco Atlantic Receives Government Approval for 6.25% Farm Out of Block 3B/4B to Africa Oil

Eco (Atlantic) Oil & Gas has announced that its wholly owned subsidiary, Azinam Limited, has received final government approval for the farm out of its 6.25% Participating Interest in Block 3B/4B to Africa … Read More

EGYPT: United Oil & Gas Receives Default Notice  Relating to the Abu Sennan concession 

United Oil & Gas announces that it has received a default notice from Kuwait Energy Egypt Limited for a total of USD $3,822,143 for outstanding cash calls in relation to the Abu Sennan concession. … Read More