Top 10 Oil Producing Countries In Africa 2015 (Current)

The year thus far has seen a lot of fluctuations per country production and a large effect coming in from the drop in oil prices by over 60% in November 2014. The withdrawal of investments from oil and gas projects across the continent have not been so surprising owing to issues ranging from the current oil price, civil unrest, unfavourable policies and diverse politically uncertain scenarios.

$12 billion investment unveiled by BP for Egyptian Gas Fields

British energy giant BP unveiled plans Friday to invest a record $12 billion in Egyptian gas fields with Russian partner DEA in a "vote of confidence" for the troubled nation.

The investment -- equivalent to 11 billion euros -- will be on the West Nile Delta (WND), the company said in a statement, and comes despite concern over a surge in deadly militancy in Egypt.

The London-listed group holds a 65-percent stake in the project, while DEA owns the remaining 35 percent.