Infrastructure spending to more than double to $9 trillion annually by 2025

Extraction spending in sub-Saharan Africa is projected to increase at 8% annually over the next decade. The bulk of spending is likely to take place in South Africa and Tanzania – PwC

Energy top on the agenda as US-Africa summit kicks off in Washington

This week over 50 African heads of state will discuss ways of improving trade between their countries and the United states as well as how to tap into the United … Read More

Ugandan journalists to get Oil and gas training

Bloggers, alternative media producers, online journalists, TV/radio producers will in August receive training on oil and gas from various experts including the petroleum exploration and production department (PEPD), oil companies, … Read More

From Oil Field to Football Field: Why Are So Many World Cup Contenders Resource-Dependent?

Source: resourcegovernance.org Qatar’s alleged plot to “buy” the 2022 World Cup has been making global news recently, with salacious stories of bribes paid to African and South American FIFA officials and deals to exchange natural … Read More

Vivo Energy, Airtel Money sign Pan African partnership agreement

Vivo Energy,the company that distributes and markets Shell-branded fuels and lubricantsin 16 African markets, and Airtel Money today announced a collaborative Pan African agreement to strengthen both companies’ footprint in … Read More

Tullow Oil pioneers in publishing extractive industry transparency report

[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … 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

Tullow Oil to educate 100 Africans on Oil and Gas

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil has announced that it is now receiving scholarship applications from interested students in the oil and gas sectors in seven African countries it operates. Among countries … Read More

Where, or what, are the most exciting opportunities to be found today in Africa?

By Charles Gurdon, Managing Director, Menas Associates Africa currently, undoubtedly, provides the world’s most exciting oil sector investment opportunities but, to be more precise in terms of where and what … Read More