Africa's Oil, Gas and Energy News.
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
Sasol is seeking into expanding into more Eastern and Western African countries according to an interview with Reuters on Monday. The South African company earlier in the year reported it … Read More
[twitter-follow screen_name=’oilnewskenya’] While Oil and Gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of … Read More
[twitter-follow screen_name=’oilnewskenya’] By Reuters Russian oil producer Rosneft may expand in the African countries of Angola and Mozambique, where its boss Igor Sechin served as a Soviet translator in the … Read More
Story by HowWeMadeitinAfrica Swiss food and beverage multinational Nestlé is expecting “major growth” in the Kenyan market in five years when recent discoveries of oil begin to flow. Nestlé Kenya … Read More
[twitter-follow screen_name=’oilnewskenya’] 3 East African countries Kenya, Mozambique and Tanzania are set to be the next attraction for the exploration and production companies following recent mineral finds and infrastructure projects. … Read More
With growing interest and investment from India, China and international oil companies operating in Africa, there has been increased competition for exploration acreage in recent years. As some of the … Read More
[twitter-follow screen_name=’oilnewskenya’] Buyers of South Sudanese crude oil have been looking for alternative sources following the conflict that broke out last month affecting oil production in especially South Kordofan and … Read More
[twitter-follow screen_name=’oilnewskenya’] Story by Oil Council Many economies on the African continent are undergoing a transformative expansion. Recent oil and gas discoveries, along with improvements in transparency and governance, have … Read More
Duma Energy Corp. has announced it has signed a Definitive Stock Exchange Agreement with Hydrocarb Corporation whereby 100% of all the outstanding stock of Hydrocarb will be acquired by Duma. Duma’s board … Read More
