Uganda’s President to Open Uganda International Oil & Gas Summit next week

The 2nd Uganda International Oil & Gas Summit is being hosted by the Ministry of Energy & Mineral Development His Excellency, President Museveni will give the keynote and welcoming address … Read More

Eni approves investment plan of Coral South project, offshore Mozambique

The approval of this investment by Eni’s Board of Directors is another fundamental step towards the Final Investment Decision on the project. Eni’s Board of Directors has authorized the investment … Read More

UK pledges $30 million to support growth and development of East Africa’s oil and gas sector

British High Commissioner, Nic Hailey has said the UK will have commit $30m towards the development of local content, technical advice towards developing legislation and regulation, research, and engagement with … Read More

ERHC Reports Oil & Gas Shows At Kenya’s Tarach-1 Well

American explorer ERHC has said it encountered significant oil shows and highly-elevated gas readings at the Tarach-1 well located in Block 11A indicating the presence of a working petroleum system … Read More

Tullow Oil needs to unlock value in Kenya with a farm-out – broker

Source: ProactiveInvestors Tullow’s partner banked nearly half a billion from a farm-out earlier this year, and Numis says a similar deal could help Tullow fix its balance sheet. Tullow Oil … Read More

IRENA/ADFD Open Fifth Round of Funding for Renewable Energy Projects

USD 50 million available for scalable, replicable and transformative renewable energy projects in developing countries The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have … Read More

Trump win brings potential for significant oil and gas policy effects, says GlobalData

Will Scargill, GlobalData’s Senior Oil & Gas Analyst covering Upstream Fiscal & Regulatory Regimes says: “Donald Trump’s election as the 45th President of the United States may have significant effects … Read More

Execution of JDA between Kenya, JV partners to Commence by Year-End

Tullow Oil has reported that it expects the Joint Development Agreement (JDA) setting out a structure for the Government of Kenya and the Kenya Joint Venture Partners (Maersk Oil, Africa … Read More