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Tanzania draws closer to gas production from the Kiliwani North 1 well

Aminex has notified shareholders that the Tanzanian Petroleum Development Corporation (TPDC), through its contractors, has now begun constructing the Skid Metering Unit within the boundaries of the Kiliwani North Development … Read More

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 that is set to be building on the success of … Read More

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 shop as border wrangles between the autonomous states Somalia continue. … Read More

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 the significant drop in the global oil price, according to … Read More

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 from the Government and Taylor Dejongh, Government’s Transaction Advisor. “We … Read More

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 approval was granted in October 2014 to extend the current … Read More

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 plc (Seplat) regarding a possible combination with Afren. Seplat was … Read More

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 2015 Average landing cost of imported Diesel decreased by 15.17% … Read More

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 PSC areas pending a resolution of the political situation between … Read More

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