oil

"We want to unequivocally tell international firms: save your time when it comes to the Holhol oil field or any other resources in this area. No one holds the legitimate authority to seal such deals unless they follow the proper legal channels and gain mutual approval," Karash emphasized. Recently, the Federal Government of Somalia inked an oil exploration deal with Turkey. Turkey plans to send a ship to the Somali coastline in October to start evaluating offshore oil reserves. Though Holhol is tucked away inland and not a…

In tonight's edition: The leader of the continent's largest crude oil producer apologizes to the country for fuel shortages. Nigerian President Muhammadu Buhari said the race was also on to resolve a national grid outage. Meanwhile, our reporters follow a…

Nigerian President Muhammadu Buhari apologizes to his compatriots for some recent economic troubles related to fuel shortages and power grid outages. Emmanuel Igah, consultant in geopolitics and international development, tells us more

Nigerian President Muhammadu Buhari apologizes to his compatriots for recent oil shortages and power cuts. FRANCE 24 correspondent in Lagos Sam Olukoya tells us more.

Nigerian President Muhammadu Buhari apologizes to his compatriots for some recent economic troubles related to fuel shortages and power grid outages.

Four Ugandan environmental activists have been obtained on the French National Assembly on Wednesday, March 16. They got here to attraction in opposition to TotalÉnergie's mega oil mission in Uganda. The firm intends to speculate in native firms and create…

One month earlier than the primary spherical of the French presidential election, a number of associations and NGOs have known as for demonstrations on Saturday, March 12, in France to defend the local weather. In Paris, in line with the organizers of the…

In Chad, the oil tanker ExxonMobil is in the knife segment with its employees. The American multinational, which operates the Doba oil basin in the south of the country, announced a few months ago its intention to sell its assets to an English company. But the terms of this departure do not suit the employees who have entered into a quarrel with the American company. Yesterday, the employees even…

The CEO of Madagascar Oil, Russell Kelly, heard this weekend by the criminal brigade, explained himself during a press conference. The man indicates that the majority owner of Madagascar Oil, the Benchmark group, would have been contacted via email by Paul Rafanoharana -Franco-Malgache arrested on Tuesday, July 20, to jeopardize state security.…

It took almost fifteen years for the Nigerian parliament to adopt a new oil law, which should better protect the country's and local community interests. The two chambers of parliament adopted the text on Thursday, "an important victory" stressed the Speaker of the Nigerian Assembly. However, Nigeria's largest oil producer,…