Africa Oil Corp. announced an operational update on the Marula-1X drilling operation in Block 2913B, offshore Namibia, where no hydrocarbons were found in the primary target. Despite this, the company ...

Angola is conducting stress tests to assess the impact of falling oil prices on its government finances, Finance Minister ...

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the ...

The African Export-Import Bank (Afreximbank) has launched a $3 billion Revolving Intra-African Oil Trade Financing Programme. According to a press ...

Africa Oil Corp.'s ("Africa Oil" or the "Company") representatives on Impact Oil & Gas Limited's ("Impact") Board ...

Investment from global players including Chevron and Shell could boost its status as "a key supplier to international energy ...

As a revolving facility, we expect it to finance about US$10 billion to US$14 billion of Intra-African petroleum imports. This programme seeks to leverage the growing refining capacity that ...

The Capricornus discovery builds on recent momentum in the Orange Basin, following the landmark Venus and Graff finds.

ACCRA, GHANA — More African countries have mandated the implementation of policies backing the blending of ethanol in ...

Billed as a win-win for development, the pact has ignited sharp criticism, with opponents arguing it grants Ankara outsized ...

Gil Holzman, CEO of Eco Atlantic Oil & Gas, illuminated the transformative impact of acquisitions on his company's growth ...