BW Energy Gabon (‘BWE’), a subsidiary of BW Offshore and the operator of the Dussafu licence, has entered into an agreement with Gabon Oil Company (GOC) for the acquisition of a 10 percent interest in the Dussafu production sharing contract.
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Japanese imports of liquefied natural gas (LNG) during the month of February dropped 11.4 percent compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance.
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China, the world’s top producer of rare earth elements, last year also emerged as the biggest importer of the group of minerals used in everything from ceramics to consumer electronics, analysts said on Wednesday.
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Two workers died in an accident at Glencore’s Zambian operation Mopani Copper Mines (MCM) on Tuesday, prompting it to suspend production pending investigations, the company said.
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Rio Tinto Group must face a US Securities and Exchange Commission (SEC) lawsuit over the company’s valuation of coal assets in Mozambique, a federal judge ruled.
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Oil and gas companies ExxonMobil and Anadarko have sent donations to aid agencies in Mozambique following a disastrous and deadly Cyclone Idai which made landfall on March 14. According to the UN, the full scale of the devastation caused by Tropical Cyclone Idai in south-west Africa is becoming clearer, and the emergency “is getting bigger by the hour,” with at least a thousand people feared dead. ExxonMobil and Anadarko, which are working on developing giant…
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OPEC said on Monday that the Joint Ministerial Monitoring Committee (JMMC) convened in Baku, Azerbaijan, for its thirteenth meeting on March 18.
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Tanzania has ordered all mineral-producing regions in the East African nation to set up government-controlled trading centres by the end of June, accelerating efforts to curb illegal exports of gold and other precious minerals.
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A new currency regime in Zimbabwe robbed Bell Equipment of a record financial year, giving the company a R87.4-million “ankle-tap that went straight to the bottom line”, said CEO Leon Goosen on Monday.
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A deadly mine collapse in Angola has left at least 30 people dead.
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