Posted in Events Top News

Africa Oil and Gas Forum set for Perth in March

Oil and Gas executives from Africa and Australia is set to be convened to the Africa Oil and Gas Forum…

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Uncertainty over legitimacy of PSC’s in Somalia keeps explorers at bay

Over the past few months a number of explorers searching for oil and gas in Puntland and Somaliland have closed…

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ERHC prepares for 1st drilling in Kenya’s Block 11A

Houston based explorer ERHC has said it is working on securing the requisite drilling rig for its first well in…

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Oil & Gas explorers need to rethink their capex on exploration activity in Africa – PWC

Oil & gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of…

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Russia’s RT Global Resources Wins Bid for Uganda’s Refinery Project

RT Global resources has been selected as the preferred bidder for the Uganda Refinery Project  following evaluations by a team…

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Sterling Energy receives license extension for Madagascar’s Ambilobe, Ampasindava Blocks

The AIM listed oil & gas exploration company Sterling Energy Plc has announced it has received a Ministerial and Presidential…

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Talks between Afren and SEPLAT Petroleum Development Company fail

On 22 December 2014, Afren plc announced that it had received a highly preliminary approach from SEPLAT Petroleum Development Company…

Posted in Prices Top News

MAXIMUM RETAIL PUMP PRICES 15TH FEBRUARY 2015 TO 14 MARCH 2015

Highlights Average landing cost of imported Super Petrol by 17.79% from $695.38 (Dec 2014) to $571.70 per ton in Jan…

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Horn Petroleum halts exploration in Puntland, Somalia

Horn Petroleum Corporation a subsidiary of Africa Oil has said it will significantly reduce its activities in its Dharoor and Nugaal…

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Africa Oil in $100m Equity Raise to fund exploration, appraisal plans in South Lokichar onshore Kenya

Africa Oil has announced plans to raise US$100m in new equity through a private placement to fund the ongoing appraisal…