Uganda to receive $100 Billion From Oil
Story by: East Africa Business Week Uganda will earn close to $100 billion as its potential share of oil resources, a Tullow Uganda Country Report released last week shows.The Country … Read More
Category: Top News
Shell floats hull for world’s largest floating facility
The 488-metre-long hull of Shell’s Prelude floating liquefied natural gas (FLNG) facility has been floated out of the dry dock at the Samsung Heavy Industries (SHI) yard in Geoje, South … Read More
Mozambique to start commercial oil production in 2014
Story by OilreviewAfrica Sasol Petroleum International has announced that Mozambique’s first commercial production and sale of crude oil will commence in 2014 from an inland oilfield at Inhassoro The African … Read More
Kenya asked not to brush aside oil marketers’ storage claims
Story courtesy of The Standard The debate pitting marketers against the ministry of Energy and Petroleum and Kenya Pipeline Company is not healthy. Worse, the country risks paying a heavy … Read More
Kenyan oil industry faces infrastructure, capacity challenges
Recent petroleum finds in Kenya’s arid and underdeveloped north have caused excitement, but even if commercial production goes ahead, major challenges remain. Kenya will need to invest in human resources, … Read More
Libya oil output at 224,000 bpd, exports 130,000 bpd-govt
Courtesy: Reuters Libya currently produces around 224,000 barrels per day (bpd) of oil, almost half of which is used to feed its Zawiya refinery, leaving exports at around 130,000 bpd, … Read More