Energy

LAGOS, Mar 2 – Nigeria has divided the OPL 245 oil block into four separate assets to be operated by Eni and …

AUSTRIA, Mar 2 – The OPEC+ alliance has agreed to increase oil production by 206,000 barrels per day from April after a …

TRIPOLI, Mar 1 – Libya has restarted production increases at the Al-Mabruk oil field, with initial pumping rates expected to range between …

LUANDA, Feb 25 – Sonangol, Angola’s state-owned oil firm, is in talks with Chinese financial institutions to secure a $4.8 billion loan …

ADDIS ABABA, Feb 23 – President Donald Trump has re-entered the debate surrounding Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), signaling renewed U.S. …

CAIRO, Feb 20 – Mubadala Energy has completed the acquisition of a 15 percent interest in Egypt’s offshore Nargis Concession from Eni, …

RABAT, Feb 20 – Morocco has launched a large scale mining tender covering about 13,000 square kilometers in the Tafilalet and Figuig …

ANKARA, Feb 18 – Turkey and Ethiopia signed multiple agreements on energy, trade and technical cooperation in Addis Ababa on Tuesday during …

LAGOS, Feb 16 – Africa’s long term economic transformation may ultimately depend not on theoretical access to capital, but on its ability …

JOHANNESBURG, Feb 13 – South Africa will proceed with plans to separate its power utility Eskom and establish an independent state owned …