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Sound Acquires 55% Interest in Meridja Permit, Onshore Morocco
Monday, June 20, 2016 Sound Energy has exercised its option to acquire a 55 percent participating interest in the Meridja exploration permit, onshore Morocco, from Oil & Gas Investment Fund S.A.S.
BP Sanctions Atoll Phase One Project in Egypt
Monday, June 20, 2016 BP sanctions the development of the Atoll Phase One project in Egypt.
Libyan Unity Govt Condemns Attack Near Eastern Oil Terminals
Sunday, June 19, 2016 Libya's U.N.-backed unity government condemns an attack by a newly-formed militia group on eastern military forces close to key oil facilities.
SDX Completes Seismic Survey Onshore Egypt, Initial Data Encouraging
Monday, June 13, 2016 SDX Energy Inc completes the acquisition of 115 square miles of 3D data on the South Disouq asset, located onshore the Nile Delta in Egypt, "safely, under budget and ahead of the anticipated schedule".
New Algerian Energy And Finance Ministers Named In Reshuffle
Saturday, June 11, 2016 Algerian President Abdelaziz Bouteflika names new energy and finance ministers in a cabinet reshuffle.
Global Petroleum Appoints New Director
Friday, June 10, 2016 Global Petroleum Limited appoints Andrew John Draffin as a new non-executive director.
BP, Eni Announce New Gas Discovery Off Egyptian Coast
Thursday, June 09, 2016 Energy majors BP and Eni announce a significant natural gas discovery off the Egyptian coast.
Nigerian Militants Say Aim is Zero Oil Output After Three New Attacks
Friday, June 03, 2016 The Niger Delta Avengers militant group has claimed responsibility for three new attacks on Nigeria's oil infrastructure, promising to cut production to zero.
Militants Launch Attacks in Niger Delta as Buhari Cancels Visit
Thursday, June 02, 2016 Militants launched new attacks in the Niger Delta on Thursday, vowing to bring Nigeria's struggling oil industry to a total halt, and the president cancelled a long-awaited visit to the region.
'Significant Gas Shows' at Tendrara
Thursday, June 02, 2016 Sound Energy identifies "significant gas shows" at the first Tendrara well, onshore Morocco.
OPEC Oil Output Falls from Near-record in May on Nigeria Outages
Tuesday, May 31, 2016 OPEC's oil output fell in May from near a record high, a Reuters survey found on Tuesday, as attacks on Nigeria's oil industry and other outages outweighed increases in Iran and Gulf members.
In Rare Compromise, Nigerian Emerges as Frontrunner for OPEC Boss
Tuesday, May 31, 2016 A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be a rare compromise candidate to lead the group amid rising tensions between Saudi Arabia and Iran.