Africa's Oil, Gas and Energy News.
Area 1 and Area 4 block operators Anadarko and Eni have announced that, following the signing of the Unitization and Unit Operating Agreement (UUOA) and in full agreement with all the … Read More
(Press Release) Amidst downfall in oil prices creating uncertainty on the future of Kenya industry growth, the report details key strategies of government, oil and gas companies and investors in … Read More
The Tanzanian government has said it plans to spend $6 million in the fiscal year 2015/16 of acquire land for the construction of a liquefied natural gas terminal raising hopes … Read More
Mozambique liquefied natural gas, (LNG) stands to transform the country and entrench it as a leading player in the global LNG industry. Developing these reserves and scaling up the currently … Read More
The government of Mozambique has for another time extended the block bidding round to June 30th 2015 from the earlier set date of April 30th according to the government. The … Read More
India’s oil minister Dharmendra Pradhan on return from a trip to Mozambique has announced that Oil India Ltd (OIL), its overseas subsidiary of Oil and Natural Gas Corp (ONGC) and … Read More
Oil & gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to … Read More
[twitter-follow screen_name=’oilnewskenya’] Revenue from the extractive sector in Mozambique hit almost $400 million in 2012 thanks to the introduction of capital gains tax in the country according to a new … Read More
Mozambique could become the third world’s largest Gas producer after Australia and Qatar should it secure the needed foreign investment in the range of $20Bn to $25Bn according to a … Read More
[twitter-follow screen_name=’oilnewskenya’] BG Group has entered into an agreement with GasLog Ltd for them to acquire two modern tri-fuel diesel electric (TFDE) LNG carriers for proceeds of $460 million. BG … Read More
