Posted in Top News

Swala Energy Set To Acquire First Producing Asset in Tanzania

Swala Oil and Gas entered into an agreement with Orca Exploration to acquire up to 40%  interest in the Songo…

Posted in Top News

World Bank Halts Finance For Upstream Oil and Gas

The World Bank Group has announced that it will no longer finance upstream oil and gas, after 2019 as part…

Posted in Oil Politics Top News

Lobbyists want Kenya’s Early Oil Project Scrutinized

The Kenya Civil Society Platform on Oil and Gas (KCSPOG) has questioned the overwhelming government backing of the early oil…

Posted in Uncategorized

Orca Exploration Closes $60 million financing for Tanzania’s Songo Songo development from IFC

Orca Exploration has announced that it has entered into a loan agreement with International Finance Corporation (IFC), a member of…

Posted in Top News

PETROMOC lands $45 million condesate gas deal from Sasol, Partners

Sasol and its partners have entered into an agreement with Petróleos de Moçambique (PETROMOC), Mozambique’s state-owned distributor of petroleum products…

Posted in Top News

Africa Oil gets $50 million financing to advance the appraisal and development in Kenya

Africa Oil Corp has announced that it has entered into an equity subscription agreement with International Finance Corporation, a member…