Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country’s efforts to become a crude producer.

An update from Africa Oil ( (TSE:AOI) ) is now available.

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Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 403,900 Africa Oil common shares during the period of December 30, 2024 to January ...

TAG Oil Ltd. (TSXV: TAO) (OTCQX: TAOIF) (FSE: T0P) ("TAG Oil" or the "Company") announces today that Mr. Toby Pierce has resigned as a director of the Company, effective January 6, 2025, and Mr.

London-listed telecoms firm Airtel Africa said on Thursday that Chief Financial Officer Jaideep Paul would retire after the ...

African disputes lawyers predict a 2025 surge in litigation driven by energy and tax sector reforms, environmental claims, ...

Tower Resources PLC executed two farm-out agreements and associated documentation with Prime Global Energies Ltd. for minority, non-operated interests in Tower’s Thali ...

Earnings Per Share (TTM) A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding. Market Capitalization Reflects the total ...

Indigenisation efforts led by leaders more concerned with self-preservation than national progress often spell disaster.

He told delegates at the 2024 Africa Oil Week Conference that his department was discussing lowering the fuel price with the national treasury. A Ministerial Task Team to review the fuel pricing ...