Africa's Oil, Gas and Energy News.
Horn Petroleum Corporation has announced that it has invoked a new corporate strategy to take advantage of the current downturn in oil prices and intends to aggressively pursue onshore and shallow-water … Read More
East Africa focused Australian explorer Swala Energy has announced that it is in the preliminary stages of planning a listing on the AIM Market of the London Stock Exchange as … Read More
The Prime Minister of the Republic of Rwanda, Rt. Hon. Anastase Murekezi officiated the 7th East African Petroleum Conference and Exhibition (EAPCE’15) that opened its doors on 4th March 2015 … Read More
Adamantine, operator of block 11B, has advised that they have applied to the Kenyan authorities for a 15 month extension to allow for the acquisition, processing and evaluation of 2D … Read More
Afren has announced an update regarding the review of its capital structure, liquidity and funding requirements saying it has obtained from the lenders of the US$300m Ebok debt facility a … Read More
The number of drilling rigs in Kenya is expected to significantly fall in Kenya in 2015 as oil companies cut down on exploration as well as the main players’ ramp … Read More
Kenya has signed a Memorandum of Understanding with Algeria to promote bilateral cooperation in the field of oil, gas and power. In a signing overseen by of President Uhuru Kenyatta … Read More
Canadian listed company Africa Oil has announced that it has closed the US$125,000,000 brokered private placement, previously announced on earlier this month having issued an aggregate of 57,020,270 common shares. … Read More
The Lake Turkana Wind Power (LTWP) team receives the African Renewables Deal of the Year 2014 at the IJGlobal Awards 2014 Europe & Africa, which were held at the stunning … Read More
President Uhuru Kenyatta is in Algeria in a move that will see various bilateral agreements signed as well as cooperation in various sectors including oil and gas with the oil … Read More
