Tower Resources issued an update on an independent update to the CPR compiled by Oilfield International in June 2011. With respect to Tower’s 30% working interest in Namibia Petroleum Exploration License 0010 (PEL 0010), held through Neptune Petroleum. The CPR update was provided by Oilfield International in view of the significance of the following exploration […]

At a meeting of the Gas Exporting Countries Forum (GECF) in Moscow, the oil ministers from Algeria and Iran agreed to expand cooperation in the petroleum sector. “We have had a number bilateral meetings, including a meeting with the Algerian oil minister, during which we laid emphasis on bolstering cooperation and struck a number of […]

Aggreko has expanded its power project in Cote d’Ivoire with the addition of 100 MW of generating capacity, brining the total combined output from the project to 200 MW. The extension of the power plant was officially inaugurated by the prime minister of the country, Daniel Kablan Duncan, during a ceremony held on July 1 […]