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OFID invests $50 million to support Egypt purchase gas, petroleum products

The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum.

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Eco Atlantic Oil & Gas gets environmental greenlight for offshore Namibia drilling

It sets Eco and partner Tullow Oil up to drill the Osprey exploration well next year, but, first the sector’s attention will.

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‘Nigeria Lost $1.150bn of Potential Gas Income to Flaring in 2016’

In 2016 alone, Nigeria could not earn about $1.150 billion potential gas revenue because as much as 275 billion cubic feet (BCF).

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Egypt signs 2 deals to explore for petroleum, gas at $1 bln investments

Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla signed on Saturday two deals with firms from Canada, the UK, the Netherlands,.

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ECOWAS popularizes use of liquefied petroleum gas in the region

The Commission of the Economic Community of West African States (ECOWAS) has moved to validate its regional strategy for the popularization of.

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Petronas acquires 30% equity in Senegal oil, gas block

Malaysian oil and gas company Petroliam Nasional (Petronas) said on Monday it has acquired a 30% stake in Senegal’s Rufisque Offshore Profond.

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