Posted in Top News

Global Oil and Gas Market Shrinks by 13.6% in 2016

MarketLine’s latest market report: ‘Global Oil & Gas’ reveals a declining market trend in 2016 as the price of crude oil pushed…

Posted in Top News

Russian consortium now wants Uganda’s refinery project downsized

Weeks after pulling out as the preffered lead bidder for the 60,000 barrel refinery to be located in Hoima Uganda…

Posted in Top News

Drilling Recovery Boosts Onshore Oilfields Services Spend – Top Countries

Douglas-Westwood’s (DW) Q3 2016 World Oilfield Services (OFS) Market Forecast predicts a renaissance in onshore spend through the remainder of…

Posted in Top News

Slow market impacts refining capacity expansion with reduction of 3 million barrels per day by 2020, says GlobalData

Global crude distillation unit (CDU) capacity will grow by 16.7% by 2020 based on planned and announced refineries, according to…

Posted in Top News

Russia Offers Affordable Alternative to Obtain Oil and Gas Training for Students from developing countries

Following the numerous hydrocarbon discoveries in East Africa stakeholders in the industry have had to seek training and capacity building…

Posted in Top News

GPB Global Resources begins 2D seismic acquisition in Ethiopia

Russian explorer GPB Global Resources has said it has began acquiring 2D seismic at the Gewane-El Wiha license area where…

Posted in Top News

Energy sector Communications and IT services force created with SpeedCast International acquisition of Hermes Datacommunications

Leading global satellite communications service provider SpeedCast International Limited has announced it has signed a definitive agreement for the acquisition…

Posted in News by others

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…

Posted in Oil Politics Top News

From Oil Field to Football Field: Why Are So Many World Cup Contenders Resource-Dependent?

Source: resourcegovernance.org Qatar’s alleged plot to “buy” the 2022 World Cup has been making global news recently, with salacious stories of bribes paid to…

Posted in Top News

Rosneft looking at expansion in Mozambique and Angola

[twitter-follow screen_name=’oilnewskenya’] By Reuters Russian oil producer Rosneft may expand in the African countries of Angola and Mozambique, where its…