Market News
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Eni announces a new oil and gas discovery in the Western Desert of Egypt
Posted on :Saturday , 24th January 2015
In the last three years, in the Western Desert of Egypt Eni has doubled its oil production through exploration of deep sequences.
Eni has announced a new discovery of oil and gas in the West Melehia deep exploration prospect, located in the Melehia licence, in the Western Desert of Egypt, 300 square kilometers west of Alexandria.The exploration well, wh. . ..jpg)
Otakikpo a \"robust\" project for Lekoil
Posted on :Saturday , 24th January 2015
Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces the completion of an Addendum to the Competent Persons Report on the Otakikpo Marginal Field by AGR TRACS International Ltd, the authors of the original CPR in September 2014. The Addendum to the September 2014 CPR covers the recent progress on the proje. . .
Kenya exploration and appraisal update from Tullow Oil
Posted on :Saturday , 24th January 2015
Further exploration activities in the North Kerio Basin to be considered after Epir-1 exploration well demonstrates working petroleum system.
Ngamia and Amosing appraisal wells suspended for use in Extended Well Test.Tullow Oil plc (LSE: TLW) provides an update on a series of exploration and appraisal activities in onshore Kenya Blocks 10BB, 13T and 10BA.11 African Countries That Have Slashed Fuel Prices
Posted on :Thursday , 22nd January 2015
It first happened in the United States of America, and now it is spreading all across sub-Saharan Africa – fuel prices are actually reducing!
Thanks, or no thanks, to the oil price crash, consumers can now heave a sigh of relief, though some remain disgruntled that the price point reduction is not commensurate with the magnitude of the oil crash.&. . .Please Select an Option
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