Africa's Oil, Gas and Energy News.
Solo Oil has raised £2,000,000 gross proceeds through the issue of 363,636,364 new ordinary shares funds of which will be deployed as working capital in the Company’s active investments in … Read More
Rumors are rife that Exxon Mobil and Qatar Petroleum are eyeing Anadarko’s Mozambique assets in what is set to become another big acquisition after the major acquisition following that by … Read More
Nine oil companies and nations including Royal Dutch Shell, Statoil, Norway and Gabon have committed, for the first time, to end the practice of routine gas flaring at oil production … Read More
Nick Walker who is currently Chief Operating Officer will be leaving the Company to join another Lundin Group Company, Lundin Petroleum AB. Nick’s role in Lundin Petroleum will be the … Read More
The Ugandan Investment Authority in partnership with Norway have signed a memorandum of understanding on a wide variety of issues including the promotion of investment in oil and gas. According … Read More
The government of Mozambique has for another time extended the block bidding round to June 30th 2015 from the earlier set date of April 30th according to the government. The … Read More
2,240 suppliers working directly for Tullow in Uganda, Kenya and Ghana took home $255M of the total $1.4 billion Spent with suppliers in 2014 according to the latest Corporate Responsibility … Read More
Source: Energy Regulatory Authority Taking into account the weighted average cost of imported refined petroleum products, the overall result is that the maximum allowed price of Super Petrol decreases by … Read More
Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the … Read More
The 4th Oil & Gas Africa Intenational Trade Exhibition that hopes to attract leading oil, gas and petroleum companies from around the world will be held 27th to 29th April 2015. … Read More
