Africa News

Gabon : Gabon Oil Co steels itself for tough year after taking over Carlyle assets

The Assala Energy assets that state-owned Gabon Oil Co (GOC) acquired from Carlyle for over a billion dollars last year, having exercised its pre-emption rights, are likely to prove substantially less productive this year. According to in-house GOC projections that Africa […] ​The Assala Energy assets that state-owned Gabon Oil Co (GOC) acquired from Carlyle […]

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South Africa : Mantashe’s empty promises about new mining cadastre

Mineral Resources Gwede Mantashe’s officials believe they will not be able to meet the June 2025 deadline for South Africa’s new online mining cadastre to come into service, despite the minister’s claims that it will be ready on time. ​Mineral Resources Gwede Mantashe’s officials believe they will not be able to meet the June 2025 deadline for

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Congo : AOGC boss makes implausible oil production boost boast

Oil firms are often overly optimistic when estimating the amount they produce, and will happily inflate their figures by a few thousand barrels. But Africa Oil and Gas Corp (AOGC) director general Jean-Christophe Da Silva recently took this hyperbole to a whole new level. ​Oil firms are often overly optimistic when estimating the amount they produce, and will

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