South Africa’s Government Aids Troubled Energy Sector

• Thursday, 22nd January 2015
• by Egypt Oil & Gas

South Africa’s government has identified assets to sell to help Eskom Holdings SOC Ltd. cover its funding gap, with the first cash injection of 10 billion rand ($870 million) expected by about June, Finance Minister ...

Africa Oil Boom on Hold due to Crude Prices

• Thursday, 22nd January 2015
• by Egypt Oil & Gas

The dash for resources that saw explorers invest billions of dollars to tap promising oil fields from Ghana on the west coast to Tanzania on the east, is stalling as the global drop in crude prices pushes drillers to ...

Low oil prices affecting African economy

• Monday, 19th January 2015
• by Egypt Oil & Gas

The continued fall of crude oil prices on the international market may impact negatively on Africa's economic growth, the African Capacity Building Foundation (ACBF) said Friday.

Nabirm Energy Plans Seismic Survey Offshore Namibia

• Wednesday, 14th January 2015
• by Egypt Oil & Gas

Nabirm Energy Services says it is planning a 2D seismic survey in license block 2113A in the Walvis basin offshore Namibia.

Shale Gas Exploration Sparks Protests in Algeria

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

Protests in Algeria's remote and sparsely populated south over efforts to exploit the country's vast shale gas reserves spread to the regional capital Tuesday, the state news agency reported.