Africa's Oil, Gas and Energy News.
The government of Tanzania can now forcefully commence renegotiate of existing contracts with both mining and oil companies undertaking exploration and production in the country after the parliament passed two … Read More
Book Review by Funke Michaels, Curator, ReadAFRICA.global BIG BARRELS has arrived very late. For many like myself, who struggled with the scarcity of positive Africa-specific case studies at business school; … Read More
Oslo Stock Exchange listed independent and East Africa-focused oil & gas company Wentworth Resources has announced that an internal assessment of the prospective resource estimate for the Tembo Structure is … Read More
180-Megawatt Ubungo Facility Currently Provides up to 25 Percent of the Power in Tanzania GE’s Power Services business and Songas signed a multiyear service agreement (MYA) to upgrade equipment at … Read More
Otto Energy and Swala Oil and Gas (Tanzania) Plc have announced that they have entered into settlement and other commercial arrangements in respect of the various claims and disputes concerning … Read More
The Governments of Uganda and of Tanzania have signed the Inter-Governmental Agreement (IGA) for the East African Crude Oil Pipeline (EACOP) Project. The IGA was signed by Uganda’s Eng. Irene … Read More
Solo Oil has announced that it will now not exercise the call option with Helium One and has terminated plans to raise funds to complete that transaction. As a result the … Read More
President Museveni and President Magufuli have signed the East African Crude Oil Pipe Line Agreement(EACOP) as an expression of intent to go ahead with the construction of the1400km oil pipe … Read More
Wentworth Resources has announced the successful completion of the Private Placement that raised approximately approximately US$5.1 million in net proceeds. According to the Norwegian explorer the net proceeds of the … Read More
Swala Oil & Gas (Tanzania) PLC has announced that it has entered into a letter of intent with a global institutional investor Exotix Partners LLP for the placement of junior … Read More
