Erin Energy Seeks First Exploration Extension Period on Kenya’s Block L1B and L16

Erin Energy formerly CAMAC Energy has said met with the government of Kenya and has requested approval to move into the first exploration extension period on blocks L1b and L16 having completed … Read More

Simba Energy Enters Into Agreement With Essel Group Middle East To Invest In 3 African Countries

Simba Energy has announced it has executed an Agreement with Essel Group Middle East, of Dubai, UAE, a subsidiary of Essel Group India, wherein Essel Group will earn a 60% … Read More

Six Oil and Gas majors call for carbon pricing

Major oil and gas companies, BG Group plc, BP plc, Eni S.p.A., Royal Dutch Shell plc, Statoil ASA and Total SA, today announced their call to governments around the world … Read More

Tanzania’s Increases Recoverable Natural Gas Resources To 55Tcf

Tanzania has increased its estimated recoverable gas resources to 55.08 trillion cubic feet from the 53.2tcf estimate in October according to the country’s energy and minerals minister George Simbachawene. The … Read More

ABA 2015 Africa Forum Opens in Nairobi

The 2015 Africa Forum has opened in Nairobi with focus on legal policy and frameworks surrounding the energy and extractive industries in Africa with a focus on East Africa. According … Read More

Swala Energy receives Funding from Hayaat International for exploration in East Africa

Swala Energy has received interim funding from Hayaat International Limited a cornerstone investor who holds an equity interest of 9.2% of the Company. The loan is to be made available … Read More

Uganda to Hold London Road Show to Promote First licensing Round

The Minister for Energy and Mineral Development Hon. Eng. Irene Muloni has said Uganda will be holding a licensing round road show which will be held at the Montcalm Shoreditch … Read More

Pancontinental Oil & Gas, PTTEP Withdraw from Kenya’s Block L10A

Pancontinental Oil & Gas and its L10A joint venture partner PTTEP of Thailand have issued Operator BG Kenya L10A Limited notices of withdrawal from Block L10A in the Lamu Basin … Read More

Swala Energy Completes farm-out of Tanzanian Licenses to Tata Petrodyne

Swala Energy Limited has announced that Swala Oil and Gas (Tanzania) Plc has reached agreement with Tata Petrodyne Limited a subsidiary of the multinational Tata Sons Limited, under which TPL … Read More

Africa Oil Closes US$100 Million Financing To East Africa Program

Africa Oil has announced that it has closed the US$100,000,000 non-brokered private placement previously announced pursuant to an Investment Agreement dated May 1, 2015 have been released to Stampede Natural … Read More