Oil Archives - Lanka Business News

April 29, 2024

Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation two blocks adding to over 5,000 square kilometers with potential oil and gas resources in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. According to the latest developments in the CA (Writ) Application No: […]

August 15, 2022

Corporate and civic leaders assembled in Dakar for the MSGBC Oil, Gas & Power Conference 2022 will have the opportunity to compete in a golf tournament on the event’s third day, promoting energy sector discourse in the formation of the Dakar Energy Club. DAKAR, Senegal, August 12, 2022/APO Group/ — Energy […]

June 28, 2022

The acquisition deal by Eco Atlantic in Block 3B/4B marks the revitalization of energy exploration across southern Africa, representing an important step to kickstarting domestic energy security on the back of oil and gas JOHANNESBURG, South Africa, June 27, 2022/APO Group/ –Canadian-based oil and gas exploration company, Eco Atlantic, has, through […]

June 17, 2022

Having completed the acquisition of Glencore’s corporate entities, Perenco is now the sole owner of PetroChad Mangara, operator of three sizeable oil fields in Chad JOHANNESBURG, South Africa, June 16, 2022/APO Group/ –In a move that will see the company strengthen its footprint even further across the African energy sector while […]

May 25, 2022

Petrodel Resources Ltd. announces intention to develop the Tanga, Kimbiji and Latham Blocks DUBAI, United Arab Emirates, May 24, 2022/APO Group/ –Petrodel Resources Ltd. (‘Petrodel’), a leading energy company in the development of oil and gas reserves, has announced its intention to revive its operations in Tanzania. Petrodel is the owner of […]

Sri Lankan Oil and Gas exploration grinds to a standstill amid protracted legal battle

MSGBC Oil, Gas & Power Launches Golf Tournament

Eco Atlantic Acquires Additional Participating Interest in Block 3B/4B Offshore South Africa

Perenco Strengthens Chadian Footprint with Glencore Acquisition, Announces Production Resumption at Key Oilfields

Petrodel to Re-Enter Tanzania