Winshear Deliveres to Tanzania a Notice of Intent to Submit a Claim to Arbitration

Winshear Gold Corp. reports that on January 10, 2020 it delivered to the Attorney General of Tanzania a Notice of Intent to Submit a Claim to Arbitration (“Notice of Intent”) … Read More

World Bank Raises 2016 Oil Price Forecast

The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the second … Read More

US Funding For Kenyan Pipeline Viewed Suspiciously Back Home

Days after the US ambassador to Kenya expressed the desire to help Kenya source funding for a pipeline from the Lokichar basin critics at h0me are questioning Obama’s allegiance to … Read More

ONGC Videsh ready to buy Tullow Oil African Assets in Kenya or Ghana

India’s overseas investment arm of Oil and Natural Gas Corp ONGC Videsh might be looking into farming into Tullow Oil assets in Ghana and Kenya according to news reports by … Read More

Technip awarded renewal of subsea services framework agreement with Statoil, Exxon Mobil & Gassco

Technip was awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement … Read More

LNG from East Africa – how the odds are stacked

Story by How much gas? Vast amounts. Mozambique alone is estimated to have gas reserves of up to 150 trillion cubic feet  (TCF) and Tanzania potentially as much as 50 … Read More