FAR, JV Partners to Exit Kenya’s Block L6
FAR the block operator to Kenya’s Block L6 and JV Partners , PanContinental Oil & Gas and its wholly owned subsidiary Afrex Limited have resolved to surrender the block according to an … Read More
East Africa’s Oil Industry: A New Story in the Making
The recent acquisition by Total of Tullow Oil’s entire interests in the Lake Albert Development Project in Uganda, including the East African Crude Oil Pipeline, marks the beginning of a … Read More
Aminex Receives 12 month Extension on the Mtwara Licence
Aminex has announced that it has formally received the extension of the Mtwara Licence from the Ministry of Energy of Tanzania; one of the last remaining conditions required to close … Read More
Uganda underlines its intention to become a major oil and gas player
President Museveni, Tullow Oil and Total’s CEOs could not have chosen a better time to announce their agreement to resolve a long-standing capital gains tax dispute that had earlier prevented … Read More
Tullow Oil Offloads Uganda Assets to Total
Tullow and Total E&P Uganda B.V. (Total Uganda) have signed a Sale and Purchase Agreement (SPA), with an effective date of 1 January 2020 (the Effective Date), in which Tullow … Read More
Tullow Oil Appoints Rahul Dhir as CEO
Tullow Oil plc (Tullow) has announced the appointment of Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. Rahul will take up his appointment from 1 … Read More
OPEC still has an important role to play in Global Oil Market
By Sebastian Wagner Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market … Read More
Africa Energy Forum relocates to Amsterdam from 20-22 October 2020
This year’s Africa Energy Forum (aef) has been rescheduled to take place in Amsterdam, the Netherlands from 20-22 October 2020. Previously due to take place in July, the move comes … Read More
Trinity Energy Donates Over Usd570,000 Worth Of Supplies To Aid Fight Against COVID-19
Trinity Energy Limited on Friday handed over the first batch of supplies to South Sudan’s Minister of Health, Hon. Elizabeth Achuei Yol. This is Phase 1 of a series of … Read More
OPEC+ ends Oil Price War, awaits G20 Meeting for OPEC+ Deal
In a move to save the oil industry — facing the biggest crisis in its history — OPEC and Russia have forged ahead on new production cuts, with the OPEC+ … Read More