Time for an African Funded Energy Bank to Finance Exploration & Development

By NJ Ayuk, Executive Chairman, African Energy Chamber For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments … Read More

FREE DOWNLOAD: UGANDA TILENGA PROJECT DEVELOPMENT STAGE & EAST AFRICA CRUDE OIL PIPELINE (EACOP) OUTLOOK 2021 – 2025

In December 2021 OilNews Africa announced that starting January 2022 it intends to open its shop to our viewers to access industry information that has been for sale in the … Read More

TANZANIA: Wentworth Expects to Achieve Milestone Average Production Rate for 2021 of over 80 MMscf/day

Following a successful first half of the year, demand for natural gas in Tanzania has again remained strong throughout the second half. This strengthening in demand in 2021 is due to sustained … Read More

French Supreme Court Recognizes the Jurisdiction of the Civil Court in Uganda Upstream Project

Source: https://www.amisdelaterre.org/ The Court of Cassation (French Supreme Court) issued its ruling on the case against the oil giant Total, led by six French and Ugandan civil society organizations (CSOs) … Read More

UGANDA: Parliament Passes the Public Finance Management (Amendment) Bill, 2021

The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, … Read More

Africa to Continue Exploiting Hydrocarbon Resources While Exploring the Use of Renewable Energies – APPO

The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’ huge oil and … Read More

MOZAMBIQUE: Globeleq, EDM and Sasol, Announces Financial Close of the Central Termica de Temane Power Project

Debt financing of the US$652.3 million project is being provided by IFC, together with its “B” loan participants FMO and Emerging Africa Infrastructure Fund (together US$253.5 million), US International Development … Read More