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Exxon says is in Advanced talks with Italian Major Eni to acquire stake in Mozambique Gas Feilds

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Exxon Mobil Corp. is in advanced negotiations with Eni SpA over acquiring a minority stake in natural-gas discoveries off Mozambique, according to two people with knowledge of the…

South Africa Energy Industry workers’ Strike Likely to affect Oil Refineries—Expert

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South African energy workers plan to strike from Thursday over wages, potentially affecting crude oil refineries and fuel depots, the Chemical, Energy, Paper, Printing, Wood and Allied Workers…

Ghana announce Deficit in Oil Earnings, The Saturated Market is Hurting the Once Hopeful Producer

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Ghana’s crude oil revenues will be 1.4 billion cedis this year, lower than a previous estimate of 2 billion cedis, the finance minister said in a budget review….

New ‘Panama papers’ Expose Oil Companies and Gov’t Officials in Misuse of Corporate and Political power in Africa

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Nearly four months after the initial release of the Panama Papers, investigations into the use of offshore accounts to channel illegal funds have now revealed a large-scale network…

Watchdog: Nigeria Lost $5.9 Billion from Oil in 2013 due to Theft, vandalism and Irresponsible Gov’t Dealings

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Africa’s largest Oil producer Nigeria lost over $5.9 billion in oil theft and vandalism of major installation and irresponsible secret government dealings, Nigeria Extractive Industries Transparency Initiative said….

Here is why Tullow Oil is unlikely to Halt Ghana Oil Production Despite damaged ship

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Tullow Oil is set to announce on Thursday how it will repair a ship that is a hub for its most important oil field, and is likely to…

Angola Announce Discovery of New Oil and Natural gas Well, Find totals to 813 million barrels of oil equivalent

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Angola’s state-run oil giant Sonangol, recently taken over by the president’s daughter, has announced a gas discovery in the offshore Kwanza Basin that could hold 813 million barrels…

Inside the Tanzania Oil and Gas Sector: Roles and Key Regulatory Institutions of Uganda’s Major Oil Partner State

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When delivering a keynote address at the Second Oil and Gas Conference 2013, on “Planning for Oil and Gas Industry for Rapid Socio-economic Development” the former Executive Secretary…

Nigeria Militant Group Bombing Oil Pipelines Says it won’t Stop Until Companies Exit Oil-rich Delta Region

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Nigeria’s armed group which has claimed responsibility of bombing oil pipelines in the Niger Delta told the nation’s authorities it may turn violent if companies continue to operate…

Positive Impact of Nigeria Oil War? Cut in Production has resurrected Oil Market Prices

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Brent crude oil prices rose on Monday, lifted by a plunge in the dollar that could spur demand just as attacks on Nigerian oil infrastructure tighten supplies, but…