Africa's Oil, Gas and Energy News.
[twitter-follow screen_name=’oilnewskenya’] Former British Prime Minister Tony Blair has been named as the key speaker at the Africa Mining Indaba conference taking place on 9th to 12th February 2015 in … Read More
[twitter-follow screen_name=’oilnewskenya’] The latest report from Think Security assesses changes in Africa’s security situation between 2013 and 2014 in three main categories: (1) Challenges impacting the national chain of command, … Read More
Baker Hughes has in latest international rig count for December 2014 shown a decline to 1,313 from the 1,324 counted in November 2014, and down 22 from the 1,335 counted in December … Read More
Global marine, cargo and supply chain solutions provider Inchcape Shipping Services (ISS) has announced another key hire to its African regional management team, as the company gears up for ambitious … Read More
Afren plc has announced that it has successfully secured, from its former CEO, Osman Shahenshah, and former COO, Shahid Ullah, a cash payment of US$17.1mn in relation to payments made … Read More
Following the financial close of Lake Turkana Wind Power Project (LTWP) on 11 December 2014, LTWP has received the first disbursement of funds pursuant to financing agreements signed in March … Read More
Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand … Read More
Following the drop in global crude oil prices Tullow Oil says I will be reducing on exploration cost as well as focus on high margin oil and its major basin-opening … Read More
Following Salamander’s announcement on 27 October 2014, the Board of Ophir Energy plc has confirmed that a letter was subsequently sent to the Board of Salamander confirming the proposed terms … Read More
[twitter-follow screen_name=’oilnewskenya’] Afren plc has announced that its Board has temporarily suspended the CEO, Osman Shahenshah and the COO, Shahid Ullah over corruption allegations. Afren says that the two have … Read More
