Maurel & Prom, an oil company based in Paris, has announced it will invest $85 million to develop its activities in Gabon this year after spending $67 million in the African country last year. Maurel CEO Olivier de Langavant indicated that planned investment in Gabon is a chunk of the company’s total 2023 investment put […]
Libya is on the verge of becoming a failed state if the war in the country does not come to an end and attacks on oil installations are not halted. Mashala Zwai, the oil minister of the Tripoli-based government warned that the country was becoming “a second Somalia” as fighting between the militias of the […]
The United Nations peacekeeping mission in Mali — or MINUSMA — said in a statement on Sunday (13 August) that it has sped up its withdrawal from the city of Ber in the north of the country due to “the degradation of security,” which had made its departure urgent. During the operation, three of UN […]
