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Jersey Oil & Gas has announced that the North Sea Transition Authority ('NSTA') has approved an extension to the Second Term of its P2498 'Buchan' Licence. The NSTA has approved the Company's request to assign a 50% working interest in both licence P2498 and licence P2170 ('Verbier') to NEO Energy, as part of the recently announced Greater Buchan Area farm-out transaction.
UK-focused oil and gas company Jersey Oil & Gas has received an extension to the Second Term of its P2498 'Buchan' license…
Jersey Oil and Gas PLC (AIM:JOG, OTC:JYOGF) shares started Wednesday on the front foot as it confirmed that the UK authorities have extended its licence for...
NAIROBI, Kenya, Jun 6 - National Oil Corporation of Kenya Chairman Kiraitu Murungi has called on President William Ruto to invest in oil production, - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Kiraitu Murungi said the country stands to get more than 8 billion dollars from the Lokichar basin alone, which is enough to cut aid dependency and lift millions of Kenyans out of poverty.