Malaysian oil and gas company Petroliam Nasional (Petronas) said on Monday it has acquired a 30% stake in Senegal’s Rufisque Offshore Profond block, its first project in the West African.
U.S. Secretary of Defense Jim Mattis said Monday the United States does not intend to seize oil from Iraq, something President Donald Trump has in the past advocated as “spoils”.
U.S. Secretary of Defense Jim Mattis said Monday the United States does not intend to seize oil from Iraq, something President Donald Trump has in the past advocated as “spoils”.
Significant onshore oil discoveries in Uganda and Kenya and offshore gas discoveries in Tanzania and Mozambique have made East Africa a subject of intense interest among the global.
By Alex Lawler Oil fell below $49 a barrel on Tuesday, giving up part of August’s strong rally, as signs of rising supply outweighed hopes that producing nations will agree.
As Tullow Oil Jubilee Field’s output increases, Ghana’s oil output is expected to average 110,000 barrels per day in 2016, similar to last year. Chief Director, Ministry of Petroleum Ghana.
