TPDC dismisses claims Tanzania will lose $1billion annually from gas sales

The Tanzania Petroleum development corporation (TPDC) has dismissed a leaked document that shows that the East African country will lose $1 billion annually under a production sharing agreement between TPDC, … Read More

LNG from East Africa – how the odds are stacked

Story by lexology.com How much gas? Vast amounts. Mozambique alone is estimated to have gas reserves of up to 150 trillion cubic feet  (TCF) and Tanzania potentially as much as 50 … Read More

Kenya power industry convenction set for September

[twitter-follow screen_name=’oilnewskenya’] “There are huge opportunities in power generation because of the demand in the region,” says Engineer Joseph Njoroge, Principal Secretary at Kenya’s Ministry of Energy & Petroleum. The … Read More

Shell, CNOOC Sign Global Strategic Alliance Agreement

Shell and China National Offshore Oil Corporation (CNOOC) have announced the signing of a Global Strategic Alliance Agreement that reconfirms both parties’ commitment to the existing strategic partnership in China … Read More

East Africa LNG projects likely to face delays

LNG production in Tanzania and Mozambique along the East African coast is likely to face delays despite huge finds due to high cost of production, difficulty in access to financing … Read More

Eaton sees $4 billion opportunity in Tanzania’s and Mozambique’s LNG facilities

Power management company Eaton has said there is a opportunity for companies offering electrical solutions for oil and gas to make over $4 billion in the next decade from the … Read More