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August fuel prices to remain unchanged

Authorities have resolved to keep the fuel pump prices unchanged for August The Ministry of Mines and Energy said petrol pump prices will remain at N$13.55 c/l and diesel prices will remain at N$13.58 c/l. In July under-recoveries of 91.236 cents/litre was recorded on petrol while 50ppm diesel recorded an …

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Reconafrica Completes Acquisition of Renaissance

By Glenn-Nora Tjipura The Canadian company Reconnaissance Energy Africa (ReconAfrica) on the 27th July announced that it has completed the previously announced acquisition of fellow Canadian explorer Renaissance Oil Corp. Renaissance is the onshore operator in Mexico with 100% working interest. Their shares are expected to be delisted from the TSX …

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North African Oil and Gas Producers Ready for Energy Transition.

Several players active in North Africa’s oil and gas space-producing countries, independent oil companies (IOCs), service providers, and others, are already signed up for Africa Oil Week in November this year. Africa Oil Week announced that the event is temporarily moved to Dubai as a Covide-19 safety measure, but will …

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