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June 28, 2022
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Business & EconomyGlobal BusinessPower & Energy

Eco Atlantic Acquires Additional Participating Interest in Block 3B/4B Offshore South Africa

6min
        The acquisition deal by Eco Atlantic in Block 3B/4B marks the revitalization of energy exploration across southern Africa, representing an important step to kickstarting domestic energy security on the back of oil and gas JOHANNESBURG, South Africa, June 27, 2022/APO Group/ –Canadian-based oil and gas exploration company, Eco Atlantic, has, through […]
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January 28, 2022
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Business & EconomyGlobal Business

We Need to Talk About Africa’s Energy Crisis: Why is Production Waning? Its Exploration, stupid

13min
        With the cost of oil having reached close to $88 a barrel, producing markets such as Nigeria, Libya and Angola should be capitalizing on prices. Yet, production in Africa continues to significantly underperform JOHANNESBURG, South Africa, January 21, 2022/APO Group/ — The final frontier for oil and gas exploration, a range […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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