ExxonMobil’s outlook for energy sees global demand fuelled by increase in consumption by developing nations

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand … Read More

Rift Energy identifies 5 drillable targets within Kenya’s Block L19

Rift Energy Corp has confirmed it has identified five drillable prospects and at least 21 leads within Block L19 in Kenya. This follows completion of the interpreting or mapping phase … Read More

New initial 3D seismic data provides more definitive mapping in the Junon area – Seychelles

Australian energy company WHL Energy has provided an update regarding the early interpretation of the Junon 3D seismic dataset acquired within its offshore Seychelles project area. The initial interpretation indicates … Read More

BP’s operates the world’s first robotic coreflooding system

BP recently announced that it is now operating the world’s first robotic coreflooding system the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities. Coreflooding which is … Read More

Mozambique president meets with Eni executives to review progress

The President of Mozambique, Armando Emilio Guebuza on Wednesday met with Eni’s Chief Executive Officer, Claudio Descalzi, to review progress on the development of ongoing projects in the country. During … Read More

Schlumberger reduces seismic fleet as deepwater exploration spending falls

The world’s largest oilfield services company Schlumberger has announced it will be reducing its WesternGeco fleet as lower commodity prices lead to short-term cost cutting measures by exploration companies. According … Read More

Drilling in Kenya’s Block 11A to begin within 12-16 months

Block 11A partner Houston based ERHC has announced that together with the block operator CEPSA Kenya Limited (a wholly owned affiliate of Compañía Española de Petróleos, S.A.U. (CEPSA) it plans … Read More

Swala Energy hints possible Farm-in in Eastern Africa

Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions. This follows the withdrawal of a share … Read More