TANZANIA: The Signing of Initial LNG Framework Agreement will Open African Gas Markets

Tanzania has made history with the signing of the initial Host Government Agreement (HGA) for the country’s $30 billion liquefied natural gas (LNG) project. The agreement, which defines the fiscal, … Read More

Energy Lobby Calls for Glencore’s EITI Membership Withdrawal Following Guilty Plea to Market Manipulation, Bribery & Corruption

The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More

TANZANIA: Scirocco Energy Divest its Interest in the Ruvuma Asset

Ruvuma Transaction Highlights Total consideration of up to US$16 million comprised of: Initial consideration of US$3 million payable on completion of the Proposed Transaction; US$3 million payable upon final investment … Read More

Ghana Signs Grant with AFDB, Switzerland, to Support Development of Mini-grids & Solar PV Net Metering

The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini Grid and Solar … Read More

GABON: VAALCO Energy Announces Successful Drilling of South Tchibala 1HB-ST Well

VAALCO Energy has completed the successful drilling of the South Tchibala 1HB-ST well that was drilled from the Avouma platform in the Etame field, offshore Gabon. Highlights Discovered significant columns of … Read More