Africa Oil Corp.'s acquisition of Prime Oil and Gas ... but lower Brent prices would still mean lower FCF YoY on a comparative basis. The company still has to deal with reserves.

According to the IMF, South Sudan's GDP per head is a meagre £270, compared with £41,000 in the UK. And yet, South Sudan is ...

Not everyone is having a lost decade. It’s time South Africa, Nigeria and Angola started to learn from their nimbler peers ...

The producers, Africa’s top two, have seen their oil output slump in recent years ... Chevron, however, insists that the offshore waters still have a lot of resources which it could tap and ...

The completion of the farm-down of Impact's interest in Namibian blocks 2912/2913B cleared the path for Africa Oil to complete its consolidation of Prime Oil & Gas in Nigeria. Owning 100% of Prime ...

Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has successfully renewed its Petroleum Mining Lease 52 in ...

BeninPalm oil is an ancient staple in West Africa, and its origins are artisanal rather than industrial. In Benin most palm oil is still produced by women for domestic use. The fruit is boiled and ...

South African gasoline prices will increase for the first time in six months as rising international oil prices offset the ... per liter from Nov. 6, South Africa’s Central Energy Fund said ...

Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has completed a strategic farm down of its Namibian interests, selling stakes in Blocks 2912 and 2913B to TotalEnergies for $99 ...

Growth in the Middle East and North Africa region is expected to rebound to 4% next year, but will hinge on a phase out of oil production cuts and headwinds subsiding, including from conflicts ...