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Total to Launch a Fuel Retail Network with Sonangol in Angola

Total has agreed to develop joint activities in the downstream petroleum sector in Angola, with national company Sonangol. Already long-term partners in the upstream business, the two companies have decided to establish a Joint Venture company to develop a common retail and distribution activity in the country, the fourth largest market in sub-Saharan Africa.

Gbetiokun Operations Update

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces that through its joint-venture subsidiary, Elcrest Exploration and Production Nigeria Ltd ("Elcrest"), development operations continue on the Gbetiokun field.

Africa Oil Announces Farmin to Azinam Block 3B/4B In South Africa

Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce that its wholly-owned subsidiary, Africa Oil SA Corp., has entered into a definitive farmout agreement with Azinam Limited ("Azinam"), the Seacrest Capital-backed South West African-focussed oil & gas exploration company, whereby Africa Oil will acquire a 20% participating interest and operatorship in the Exploration Right for Block 3B/4B, offshore South Africa. Azinam will retain a 20% participating interest and Ricocure (Pty) Ltd retains a 60% participating interest.

Leading South Africa B-BBEE petroleum company Masana brings on new investors to the table

Masana Petroleum Solutions has completed a transaction with a new Broad Based Black Economic Empowerment (B-BBEE) consortium that will see the new partners acquire a 35% stake in the business after two of its founding shareholders exercised their right to realise their value in the company.

Positive Development Well results boosts Production from NW Gemsa, Egypt

SDX Energy Inc. (“SDX” or the “Company”) (TSX VENTURE: SDX), an oil & gas exploration and production company with assets in Egypt & Cameroon, is pleased to announce the Al Amir SE 23 development well in North West Gemsa, has encountered significant oil bearing reservoir sections in both the Kareem Rahmi and Shagar formations and will be completed as a producer in the Shagar.

Hon. Irene Muloni – Uganda Minister of Energy & Other Regional Petroleum Ministers and Directors to Participate in Houston, Sub-Saharan Africa Oil Conference

Energy & Corporate Africa, organizers of the annual Sub-Saharan Africa Oil and gas conference are happy to announce that Hon. Eng. Irene Nafuna Muloni, Ugandan Minister of Energy & Minerals Development amongst other energy ministers from the region and directors of petroleum directorates will be the prime time keynote speaker for this year’s 9th Annual Sub-Saharan Africa Oil & Gas Conference scheduled for April 27 -28, 2016 at the Marriott Westchase Houston.  

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