African Petroleum Corp. entered into an agreement with the government of Gambia to reinstate its Alhamdulilah License Block A1 and License Block A4, and settle all prior issues concerning the Gambia licenses including the discontinuation of arbitration proceedings. The reinstatement of the company’s acreage is a significant and positive step for the company, particularly following […]
December 1, 2014 Read More
Talks between Cyprus and Egypt on the possibility of exporting gas from Cyprus to Egypt are accelerating. Egypt, once an exporter of the resources, has had to divert production to meet domestic demands and is now exploring options to help meet its ever growing demand. While Cyprus has gas, discovered in late-2011, it does not […]
November 27, 2014 Read More
Camac Energy cancelled a planned seismic survey in the Arabuko-Sokoke forest in Kenya. The seismic, which was to begin in November, met with protests from environmentalists who said that the survey might leave irreparable damage to the forest. Arabuko-Sokoke is the largest remaining fragment of the East African coastal forests, holding the last populations of […]
November 26, 2014 Read More