GLPEY's Mopane 3X well is part of the second exploration and appraisal campaign targeted at blocks 2813A and 2814B in the Petroleum Exploration License 83 (PEL 83) area.

Africa accounted for 35 percent of the newly discovered oil reserves in 2024, however, Nigeria was absent from the findings.

The New York-listed master limited partnership-structured operation said the deal with its parent Knutsen NYK Offshore ...

BAKU, Azerbaijan, February 28. The European Investment Bank (EIB) has approved a 430 million euro loan to finance two key ...

An African country that is one of the emerging stars of the oil industry has made an incredible discovery that could be a ...

The Mopane-3X well is located in the south-east of the Mopane complex at a water depth of approximately 1,200m.

Namibian independent oil and gas explorer Custos Energy has released an update on the second exploration and appraisal campaign on blocks 2813A and 2814B located in Namibia’s highly prospective Orange ...

Angola's state oil firm said it is still working toward an initial public offering of as much as 30 percent of its shares.

In a report released today, Kate O’Sullivan from Citi maintained a Buy rating on GALP Energia SGPS (0B67 – Research Report), with a price ...

The Pittsburg-based aluminum company views a 25% tariff on aluminum imports resulting in about 20,000 direct U.S. industry jobs being cut, as well as many as 80,000 indirect jobs being eliminated, ...

Preliminary data from the Mopane-3X well in Namibia’s Orange basin confirms oil and gas columns in stacked prospects.