Posted in Top News

South Lokichar’s Final Investment Decision to be out by August – Tullow Oil

The final investment decision for the early oil pilot scheme in Kenya’s oil rich South Lokichar basin is expected to…

Posted in Oil Politics Top News

Kenya’s Annual Receipts Could Reach $3 Billion Annually Once Oil Price Rebounds

A discussion paper dubbed “Potential Government Revenues from Turkana Oil” released in April 2016 estimate that annual receipts to the…

Posted in Top News

Minimal Funding For Anadarko’s Mozambique LNG project in 2016

Mozambique offshore Area 1 operator Anadarko has said it will allocate just minimal expenditure even as it works towards a…

Posted in Top News

Africa Oil Completes Kenyan Farm-out Deal With Maersk Oil

Africa Oil reports that it has completed the previously announced (November 9, 2015) farmout with Maersk oil and gas related to Kenyan…

Posted in Top News

Mozambique LNG to boost Real GDP by 800% in 20 years – Standard Bank

Mozambique liquefied natural gas, (LNG) stands to transform the country and entrench it as a leading player in the global…