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US Navy SEALs Board Rogue Libya Oil Tanker

AFRICANGLOBE - US Navy SEALs have boarded and taken control of an oil tanker that escaped earlier this month from a rebel-held Libyan port with armed men at the helm, the US Department of Defense said.

Liberian Company Reports New Oil Find

AFRICANGLOBE - The African Petroleum Corporation Limited or AP says it has made some new oil discovery off the Liberian waters. The company in a joint statement released with the National Oil Company of Liberia or NOCAL on Wednesday said it encountered the 48 meters of oil bearing Turonian sandstone, at the Bee Eater-1 Well in Multiple Zones in Block LB-09 in the same sequence as a previous discovery in Narina-1.

South Africa DR Congo Sign Oil Cooperation Agreement

South Africa's State oil company PetroSA signed a cooperation agreement with the Democratic Republic of Congo’s National Oil Company (NOC) Cohydro Sarl on Tuesday...

South Africa’s PetroSA Acquires Oil & Gas Assets In Ghana

South Africa’s national oil company, PetroSA has completed the acquisition of oil and gas assets in Ghana, for an undisclosed fee according to a...