African Business News

South Africa: SA, Russia Sign Energy Agreements

Pretoria — South Africa and Russia have signed two Memoranda of Understanding (MoU) that are aimed at strengthening efforts between the two countries in the field of nuclear energy, said the Department of Energy.

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Erin Continues Optimization Efforts on Oyo Field

Erin Energy is seeing in excess of 14,200 boepd from its Oyo field in Nigeria. The company plans to increase those numbers through production optimization efforts on both the Oyo-7 and Oyo-8 wells.

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Top 4 reasons to venture into Africa construction industry

Africa: When one first pronounces Africa what comes in every mind is the rich resources and development rate that has been recorded in the recent times much of it due to Africa construction activity

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Positive trend in West Africa’s crude exports

Renewed and increased export of crude oil to Asia and United States of America has come as a boon for West Africa’s oil sector

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