Exploration & Development
Comprehensive information on exploration & development and latest mining market data in Africa.
- Apr- 2020 -3 April
Tullow Oil has $700 million liquidity, cuts capex to $300 million
Tullow Oil’s lenders have approved the size of its reserves-based lending facility at $1.9 billion,…
- Mar- 2020 -31 March
The bright, new jewel in Africa’s crown?
For the past decade Africa has been a vibrant continent for hydrocarbons exploration. Over those…
- 23 March
Coronavirus, gas slump put brakes on Exxon’s giant Mozambique LNG plan
Exxon Mobil is likely to delay the greenlighting of its $30 billion liquefied natural gas…
- 11 March
Dangote to add oil to expanding business empire
Aliko Dangote, Africa’s richest man, will begin oil production from two assets he snapped up…
- 9 March
WoodMac: Oil price rout may trigger major industry shake-up
As global markets reel in the wake of the oil price crash, Wood Mackenzie’s Tom…
- 9 March
Petronas joins Exxon in seeking exit from Chad project
Petroliam Nasional Bhd. is considering selling its stake in a joint project in Chad with Exxon Mobil…
- Feb- 2020 -27 February
Angola’s Sonangol plans share sale for 30% of business in broad shakeup
Angola’s state oil company Sonangol EP will step up its transformation with the sale of 30%…
- 26 February
Aramco Trading CEO says oil demand will recover after ‘Big Hit’
Oil markets will begin to recover in the second quarter as the virus that has…
