Rhino Resources Hires Rob Tims as CFO
Rhino Resources has expanded its experienced leadership team with the addition of London-based Chief Financial Officer Rob Tims a 25-year veteran of the oil and gas industry whose experience spans … Read More
Category: Top News
Genel Energy Receives 2 year extension at the Odewayne Production Sharing Agreement
Sterling Energy has announced that the Government of the Republic of Somaliland has granted the operator Genel Energy a further 2 year extension to the current period of the Odewayne … Read More
Ernest Rubondo Appointed Executive Director of the Petroleum Authority of Uganda
Uganda’s ministry of energy and minerals development has announced the appointment of Ernest Rubondo as the first Executive Director of the Petroleum Authority of Uganda (PAU followings a recommendation by … Read More
Aminex receives first payment for gas produced from Tanzania’s Kiliwani North-1 Well
Kiliwani North license operator Aminex has announced that it has received first payment in relation to gas produced from the Kiliwani North-1 well in Tanzania and supplied to the Tanzania … Read More
Wentworth Resources Posts Loss for H1 2016 Despite Gas Sales Increase
East Africa-focused oil & gas company Wentworth Resources which operates in Tanzania and Mozambique has posted another $0.17 million net loss in Q2 bringing the total loss to $1.08 million … Read More
Africa Oil Has Spent Kshs.2.25 Billion in Exploration, Development Expenses in Kenya in 2016
The Company incurred (Kshs2.25 billion) $22.5 million of intangible exploration expenditures in Kenya for the six months ended June 30, 2016 according to the latest half year results by the … Read More
Erin Energy To Acquire Additional Seismic in Kenya’s Blocks L1B & L16
Block L1B and L16 operator Erin Energy has said it plans to design and acquire additional seismic data in 2017 on the two blocks located in the coastal Lamu basin. … Read More
Uganda to host the East Africa International Arbitration Conference in September 2016
Now in its 4th Edition, East Africa International Arbitration Conference (EAIAC) has grown to become an authoritative platform in East Africa promoting the region’s legal capacity, and highlighting Arbitration as an … Read More
World Bank Raises 2016 Oil Price Forecast
The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the second … Read More