Africa's Oil, Gas and Energy News.
Source: resourcegovernance.org Qatar’s alleged plot to “buy” the 2022 World Cup has been making global news recently, with salacious stories of bribes paid to African and South American FIFA officials and deals to exchange natural … Read More
Global oil companies in Kenya can now share an office block following the launch of the Nexgen Petro center by the principal secretary for energy yesterday. The Petro Center developed … Read More
The Kenyan government has announced that the construction of its 800km pipeline part of the 1300 kilometer Uganda-Kenya pipeline will be classified as an emergency project. The entire pipeline which … Read More
Source: Business Daily London Stock Exchange-listed Tullow which has discovered oil in Turkana County should sell part of its stake to raise money for production, analysts at Citigroup Global Markets … Read More
Uganda has received detailed proposals for the role of lead investor for the development of 60,000 barrels per day oil refinery in Hoima. The proposals submitted by four of six … Read More
Source: Reuters Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa’s oil and gas industry as majors ditch riskier projects as margins … Read More
Tellus Resources Limited has announced it has agreed to acquire a 25% interest (with the right to acquire up to an 80% interest) in a drill-ready and large scale oil … Read More
SOCO International plc (SOCO) has agreed with the World Wildlife Fund (WWF) in a joint statement to commit not to undertake or commission any exploratory or other drilling within Virunga … Read More
Rift energy has advertised for a farm-in partner in Block L19 who will help in work commitments that include additional seismic or drilling in the first exploration period at a … Read More
LNG production in Tanzania and Mozambique along the East African coast is likely to face delays despite huge finds due to high cost of production, difficulty in access to financing … Read More
