Eni awarded Exploration Company of 2015
Eni is winner of the Petroleum Economist Award, established in 2006 by the prestigious Petroleum Economist, as Exploration Company of the Year. During a ceremony held yesterday in London, a … Read More
Tag: Angola
Nine Companies and Countries Commit to End the Practice of Routine Gas Flaring
Nine oil companies and nations including Royal Dutch Shell, Statoil, Norway and Gabon have committed, for the first time, to end the practice of routine gas flaring at oil production … 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
SASOL considers expanding into Tanzania, Ghana and Angola
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
African oil & energy sector fuelling global investor growth – DHL
[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
Rosneft looking at expansion in Mozambique and Angola
[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
Nestlé expects ‘major growth’ in Kenya when oil starts flowing
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
East Africa next investment attraction exploration and production companies
[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
PWC – Existing energy companies must become agile to withstand new competition
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
South Sudan starts to lose oil buyers as conflict continues
[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