ONGC Videsh and Rovuma Area-1 block partners to invest $6B in Mozambique

India’s oil minister Dharmendra Pradhan on return from a trip to Mozambique has announced that Oil India Ltd (OIL), its overseas subsidiary of Oil and Natural Gas Corp (ONGC) and … Read More

Sub-Sahara Africa’s growth to slow amid oil and other commodities price drop – World Bank

Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the … Read More

4th Oil & Gas Africa – Int’l Trade Exhibition set for Nairobi in a fortnight

The 4th Oil & Gas Africa  Intenational Trade Exhibition that hopes to attract leading oil, gas and petroleum companies from around the world will be held 27th to 29th April 2015. … Read More

Africa Energy Summit Kicks off in Oslo, Norway

African Ministers of Energy from Ghana and Zambia are amongst the attendees at the Norway – Africa Energy Summit organized by Norfund and the Norwegian-African Business Association (NABA). The African … Read More

Shell set to make a major comeback in East Africa with acquisition of BG Group

The announced offer of  acquisition of the BG Group by Royal Dutch Shell in a deal expected to be in excess of $70 billion could several blocks offshore East Africa … Read More

Cloud Applications in Oil and Gas Market expected to grow to $5.1 Billion by 2019

According to a new market research report, “Oil and Gas Cloud Applications Market by Type (Data Analytics, CRM, ECM, Collaboration, HCM, ERP, Project Management, SCM, GRC, Core Industry Applications) – Worldwide Forecast … Read More

Swala Energy announces progress in its planned farm in East African assets

Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed by FirstEnergy Capital LLP, the Company has received a number … Read More