Libya begins first oil bidding round since Gaddafi’s fall
After 17 years of hiatus, Libya opens first oil exploration bidding round to attract foreign companies.
Libya begins first oil bidding round since Gaddafi’s fall Read More »
Oil Exploration
Algeria, China strengthen energy ties with $850 million agreement
Algeria’s Sonatrach and China’s Sinopec signed an $850 million contract for hydrocarbon development and exploration,
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Uganda to launch third oil exploration licensing round
Uganda’s Energy Minister announced plans for a new oil exploration licensing round and revealed the selection of a winner for a tender to redevelop the Kilembe copper mine.
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Facing Brazil roadblocks, Petroleo targets Namibia oil
Petrobras, facing obstacles in Brazil, bids to become operator of Galp’s Namibian oil field, Mopane, which holds an estimated 10 billion barrels of oil equivalent.
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DRC oil permit threatens park, sparks clashes
The permit threatens endangered species, local communities, and the rainforest ecosystem.
DRC oil permit threatens park, sparks clashes Read More »