Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]
In a significant breakthrough for Somalia’s counterterrorism efforts, security forces have captured a high-ranking Islamic State commander known as “Laahoor” in the rugged Cal Miskaad mountains. The arrest comes just days after U.S. airstrikes rattled ISIS positions in the region, marking a decisive phase in Puntland’s weeks-long offensive against militant groups. Abdirahman Shirwac Aw-Saciid, who […]
The Union of Oil and Gas Workers rejected on Saturday transferring the country’s revenues of oil exports to the government of Abdul Hamid Dbeibeh, Libya Update reports. The union’s reaction came following the request made by Head of the Audit Bureau, Khaled Shakshak, inviting the National Oil Corporation (NOC) to transfer oil revenues to Dbeibeh’s […]
