Six Oil and Gas majors call for carbon pricing
Major oil and gas companies, BG Group plc, BP plc, Eni S.p.A., Royal Dutch Shell plc, Statoil ASA and Total SA, today announced their call to governments around the world … Read More
Tanzania’s Increases Recoverable Natural Gas Resources To 55Tcf
Tanzania has increased its estimated recoverable gas resources to 55.08 trillion cubic feet from the 53.2tcf estimate in October according to the country’s energy and minerals minister George Simbachawene. The … Read More
ABA 2015 Africa Forum Opens in Nairobi
The 2015 Africa Forum has opened in Nairobi with focus on legal policy and frameworks surrounding the energy and extractive industries in Africa with a focus on East Africa. According … Read More
Swala Energy receives Funding from Hayaat International for exploration in East Africa
Swala Energy has received interim funding from Hayaat International Limited a cornerstone investor who holds an equity interest of 9.2% of the Company. The loan is to be made available … Read More
Uganda to Hold London Road Show to Promote First licensing Round
The Minister for Energy and Mineral Development Hon. Eng. Irene Muloni has said Uganda will be holding a licensing round road show which will be held at the Montcalm Shoreditch … Read More
Pancontinental Oil & Gas, PTTEP Withdraw from Kenya’s Block L10A
Pancontinental Oil & Gas and its L10A joint venture partner PTTEP of Thailand have issued Operator BG Kenya L10A Limited notices of withdrawal from Block L10A in the Lamu Basin … Read More
Swala Energy Completes farm-out of Tanzanian Licenses to Tata Petrodyne
Swala Energy Limited has announced that Swala Oil and Gas (Tanzania) Plc has reached agreement with Tata Petrodyne Limited a subsidiary of the multinational Tata Sons Limited, under which TPL … Read More
Africa Oil Closes US$100 Million Financing To East Africa Program
Africa Oil has announced that it has closed the US$100,000,000 non-brokered private placement previously announced pursuant to an Investment Agreement dated May 1, 2015 have been released to Stampede Natural … Read More
Afren Receives 15 Month Extension in Kenya’s Block 1
The government of Kenya through the Ministry of Energy has granted Afren through its subsidiary East African Exploration (EAX) a 15 month extension to the current Second Additional Exploration Period … Read More
Premier Oil withdraws from Kenya’s Block 2B
Kenya’s block 2B operator Taipan Resources has announced that its majority partner Premier Oil with 55% interest has exercised their right to withdraw from the license effective April 30th 2015. Following … Read More
