Oryx Petroleum confirms successful testing of Congo’s Crude Oil and Gas deposits

JV partner Oryx Petroleum has announced that the testing of the CNOOC-operated E-1 exploration well targeting the Elephant Prospect in the Haute Mer A licence area in Congo (Brazzaville) confirmed the discovery of natural gas and crude oil previously … Read More

Tullow Oil May Sell Part of Stake in Ugandan Oil Field

[twitter-follow screen_name=’oilnewskenya’] Story Wall Street Journal Africa-focused oil and gas explorer Tullow Oil PLC is considering selling part of its stake in a Ugandan oil field it is developing with … Read More

Uganda Announces Deal With Foreign Oil Companies

[twitter-follow screen_name=’oilnewskenya’] Story by CommodityHQ The government of Uganda is ready to develop its oil sector, but says it prefers to ramp up production slowly. n recent years, investors have … Read More