Uganda signs MoU with Norway on Oil and Gas
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
Category: Top News
Mozambique again extends block bidding round to June 2015
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
Kenyan, Ugandan Contractors Earn Over $100 million in payments from Tullow Oil – Report Highlights
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
Maximum pump prices for Kenya’s major towns for the period 15th April to 14th May 2015
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-Sahara Africa’s growth to slow amid oil and other commodities price drop – World Bank
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
4th Oil & Gas Africa – Int’l Trade Exhibition set for Nairobi in a fortnight
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
Africa Energy Summit Kicks off in Oslo, Norway
African Ministers of Energy from Ghana and Zambia are amongst the attendees at the Norway – Africa Energy Summit organized by Norfund and the Norwegian-African Business Association (NABA). The African … Read More
Pancontinental Oil and Gas withdraws from Kenya’s Block L10B
Australian explorer Pancontinental has served a notice of withdrawal on BG Kenya L10B Limited the only remaining participant and operator of Kenya Licence L10B from the Joint Operating Agreement with … Read More
Shell set to make a major comeback in East Africa with acquisition of BG Group
The announced offer of acquisition of the BG Group by Royal Dutch Shell in a deal expected to be in excess of $70 billion could several blocks offshore East Africa … Read More
Afren names Alan Linn as new CEO
Afren has confirmed that Alan Linn who is currently acting as a consultant to the Board of has been appointed as Afren’s new CEO and a director of the Company. … Read More