Eni announced on Wednesday that it was “within weeks” of sealing a multi-billion-dollar deal to sell a stake in its Mozambique operations, with ExxonMobil favorite to buy the asset.
Non-OPEC producer Oman intends to pump an average of 1mb/d in this 2017, despite the 45,000b/d production cut it had pledged with the OPEC-non-OPEC deal.
Several coal transporting trucks blocked highways in South Africa's capital on Monday to protest against the country's renewable power programme after President Jacob Zuma showed support for the sector in speech to parliament last month.
Indonesia’s state-owned energy company Pertamina will submit proposals to Iran to explore two oil fields in the country, which are located in Ab Teymour and Mansouri.
Algeria's Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators ExxonMobil Corp and Anadarko, as well as Italy's Eni.