After rebasing earlier this month Nigeria became the largest economy in Africa, surpassing South Africa, but the west African country could also lose one of its...
South Africa’s parliament passed changes to its main petroleum law giving the state a stake of 20 percent in new gas and oil explorations. The bill...
Africa’s frontier stock markets spoiled investors in 2013. Ten African share indexes posted returns of 25 percent or more during the year. And four gained more...
Uganda on Wednesday signed a Memorandum of Understanding (MoU) on the sustainable development of petroleum resources discovered in the country with licensed oil companies. The signing...
French energy group Total has shut down a gas plant in southern Nigeria because of a techical fault during a drilling operation at an oil facility,...
Uganda President Yoweri Museveni has indicated to parliament he is not likely to delay approval of Tullow Oil‘s long proposed partnership with Total and the China...