Tower Resources shuts its East Africa Office
Tower Resources has closed its East Africa regional office in Uganda from where it has been coordinating activities on its licenses in South Africa, Zambia, Kenya and SADR (Western Sahara). … Read More
Tag: South Africa
African oil & gas organisations plan for an upturn in the oil price: PwC survey
Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. “While the oil price has … Read More
The Africa Energy Forum set for Dubai in just two weeks
The Africa Energy Forum is set to come up in Dubai in just two weeks’ time attracting some 456 unique companies have registered from 63 countries worldwide. The delegates spanning … Read More
Mozambique LNG to boost Real GDP by 800% in 20 years – Standard Bank
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
Sub-Sahara Africa’s growth to slow amid oil and other commodities price drop – World Bank
Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the … Read More
South Africa, Mozambique Governments Sign Agreement to Evaluate Viability of a Gas pipeline
South Africa’s Public Investment Corporation SOC Limited (SacOil) and the Instituto de Gestão das Participações do Estado (“IGEPE”) in Mozambique (have signed a Joint Development Agreement to evaluate the technical … Read More
Afren corruption investigation report expected in mid-October
Afren an independent oil & gas company listed on the Main Market of the London Stock Exchange, with a diversified portfolio of production, development and exploration assets in 10 African … Read More
African oil & energy sector fuelling global investor growth – DHL
[twitter-follow screen_name=’oilnewskenya’] While Oil and Gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of … Read More
Infrastructure, regulatory uncertainty and corruption remain hurdles in Africa’s oil & gas sector – PwC Review
[twitter-follow screen_name=’oilnewskenya’] The challenges facing oil & gas companies operating in Africa continue to be diverse and numerous fuelled by fraud, corruption, theft, poor infrastructure and a lack of skilled … Read More
Sub-Saharan Africa outstrips China in 2012 oil demand growth
Oil demand in sub-Saharan Africa (SSA) grew by a massive five per cent year on year between 2011 and 2012, outstripping both China and India, new data from African energy … Read More
