Africa's Oil, Gas and Energy News.
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
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
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
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
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
As the industry comes to terms with the “lower for longer” oil price situation, a number of smaller Engineering, Procurement and Construction (EPC) contractors are emerging with specialism-focused offerings, or … Read More
President Yoweri Museveni who arrived in the Chadian capital N’Djamena on a two-day official visit during which he will also attend the swearing-in ceremony of President Idriss Deby to his … Read More
Uganda cabinet has announced that during its previous sitting on Wednesday 3rd August it approved consideration and approval of a request from the minister of energy to issue three petroleum … Read More
The Ministry of Energy and Mineral Development has announced it has completed evaluation of bids for the first competitive licensing round and invited the successful companies to negotiate Production Sharing … Read More
