Maximum Fuel Prices 15th May – 14th June 2015
Source: Energy Regulatory Commission The average landed cost of imported Diesel increased by 2.68% from US$ 566.29 per ton in March 2015 to US$ 581.49 per ton in April 2015. … Read More
Aminex provides technical evaluation of Tanzania’s Kiliwani North Development License & Ruvuma PSA
Aminex has announced that Senergy, an independent oil and gas consultancy firm, has completed a technical evaluation on the resources of Kiliwani North Development Licence and Ruvuma PSA. Key Highlights Kiliwani North Development Licence (58.5% … Read More
Tanzania to spend $6 million to acquire Lindi’s LNG terminal land
The Tanzanian government has said it plans to spend $6 million in the fiscal year 2015/16 of acquire land for the construction of a liquefied natural gas terminal raising hopes … Read More
Uganda to use international events to promote its First Licensing Round for Petroleum Exploration
The Ministry of Energy and Mineral Development has said it will be holding promotional Events for Uganda’s First Licensing Round for Petroleum Exploration, 2015. Potential investors will receive presentations and … Read More
Mozambique LNG to boost Real GDP by 800% in 20 years – Standard Bank
Mozambique liquefied natural gas, (LNG) stands to transform the country and entrench it as a leading player in the global LNG industry. Developing these reserves and scaling up the currently … Read More
Erin Energy appoints Christopher J. Hearne Senior VP and CFO
Sub-Sahara Africa focused oil and gas exploration company Erin Energy Corporation has appointed Christopher J. Hearne as Senior Vice President and CFO beginning June 1, 2015. Earl McNiel , the Company’s current CFO, will … Read More
ExxonMobil, Sterling Energy relinquish Madagascar’s Ampasindava Block
Joint Venture partners ExxonMobil and Sterling Energy have announced that they have signed the relevant documentation with Office des Mines Nationales et des Industries Stratégique OMNIS to relinquish the Ampasindava … Read More
Soma Oil & Gas Completes of the Processing of the 2D Seismic Data offshore Somalia
Soma Oil & Gas Exploration Limited has announced it has completed the processing and reprocessing of the acquired 2D seismic data carried out by SeaBird Exploration and concluded in June … Read More
Local Content Legislation Must Tackle Challenges Facing Local Players
As the Kenyan government gears on the formulation of a local content legislation that will ensure the participation of indigenous companies in the oil and gas sector experts say for … Read More
Kenya Chamber of Commerce and Industry to Undertake Investor Advisory Role in Oil and Gas
The Kenya Chamber of Commerce and Industry whose main role is to advocate interest for businesses, provide a platform for networking as well as houses a resource center says it … Read More