Africa Oil & Gas: Shell lifts its first crude cargo from Libya in five years

Royal Dutch Shell has lifted a cargo of 600,000 barrels of crude oil from Libya’s Zueitina port, its first from the war-torn north African country in 5 years, two industry sources told Reuters on Saturday.

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Africa Oil & Gas: Tullow Oil launches oil and gas exploration in Zambia

British company Tullow Oil on Friday started exploring for oil and gas in Zambia, Africa’s No.2 copper producer, as the country pushes to diversify its economy and reduce its reliance on the industrial metal, according to a Reuters report. Copper mining earns Zambia more than 70 percent of its foreign exchange but the southern African state has been trying to move into other commodities to insulate itself from price shocks.

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Africa Oil Week 2017: Key countries in Africa Oil & Gas Industry

  With a shift towards the introduction of investor friendly legislation, economic reform, and infrastructure development, Africa in 2017 will provide a more stable environment for new green-field exploration, and additional investment in existing production assets.

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PRESS RELEASE: Global energy investment fell for a second-year in 2016 as oil & gas spending continues to drop

Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency’s annual World Energy Investment report.

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Africa Oil & Gas: Mozambique LNG developer Anadarko announces leadership changes

Anadarko Petroleum Corporation (NYSE: APC), the US company with plans to develop LNG projects in Mozambique, has made executive changes to its US and international operations team leadership as it moves forward after the Colorado accident that led to a temporary shutdown of 3,000 wells in the state.

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