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A Pragmatic Solution to the BEAC’s FOREX Regulations Will Not be Reached Without the Involvement of Local Stakeholders

  The FOREX regulations imposed by the Bank of Central African States (BEAC) remain one of the major impediments to investments in Central Africa’s energy markets: Equatorial Guinea, Congo, Cameroon, … Read More

Congo Unfreezes AAOG Congo Accounts in Ongoing Dispute with SMP

Zenith Energy has provided an update on the legal claim  initiated during 2019 by its subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo S.A.U (AAOG … Read More

North American Kariya Energy Set to Acquire Oil and Gas Assets in Africa

Kariya Energy announced today that it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy’s technical and financial strength … Read More

DRC: Government Expresses Strong Political Will for Gas Monetization Projects

Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons … Read More

Equatorial Guinea & Cameroon: Chevron’s Entry into Central Africa Could be a Turning Point for Gas Industry

The recently-announced acquisition of Noble Energy by Chevron for $13bn gives the American major an entry into Equatorial Guinea’s oil & gas sector, where Noble Energy has interests in the … Read More

Eni Seeks to Sell Congo Assets

Italian Giant Eni is said  to have  started the process to offload assets in the Republic of Congo and is said to be working with advisors to facilitate the transaction. … Read More

CONGO (Brazzaville): Zenith Energy Submits Comprehensive Commercial and Technical Offer for Tilapia Licence

Zenith Energy Ltd. has provided an update on the Tilapia licence in the Republic of the Congo which expired on July 18, 2020.  The Company confirmed that the Company’s subsidiary … Read More

OPEC: Joint Ministerial Monitoring Committee Calls for Cooperation in Supporting Oil Market Stability

The 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 15 July 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of … Read More

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