Nine Companies and Countries Commit to End the Practice of Routine Gas Flaring

Nine oil companies and nations including Royal Dutch Shell, Statoil, Norway and Gabon have committed, for the first time, to end the practice of routine gas flaring at oil production … Read More

Africa Energy Summit Kicks off in Oslo, Norway

African Ministers of Energy from Ghana and Zambia are amongst the attendees at the Norway – Africa Energy Summit organized by Norfund and the Norwegian-African Business Association (NABA). The African … Read More

Kenya, Norway to enter into an agreement on management of petroleum resources

Kenya and Norway have announced that they are considering entering into a long term agreement Petroleum on effective and socially responsible management of petroleum resources. This was revealed as President … Read More

Exploration companies can invest in mutually beneficial CSR

Companies exploring for resources in many poor countries around the world can engage in corporate social responsibility that assist them in their activities whereas at the same time benefit the … Read More

Technip awarded renewal of subsea services framework agreement with Statoil, Exxon Mobil & Gassco

Technip was awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement … Read More

Norway Oil Fund Under Lawmaker Pressure to Buy More in Africa

[twitter-follow screen_name=’oilnewskenya’] Norway’s Christian Democrats, a key support party for the minority government, called on the nation’s sovereign wealth fund to steer more of its $810 billion in assets into Africa to … Read More

Statoil makes another high-impact natural gas discovery offshore Tanzania

Statoil and co-venturer ExxonMobil has today announced its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2-3 trillion cubic feet (Tcf)* of natural gas in place … Read More