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Oil & Gas1

Tanzania to Initiate $30 Billion LNG Project

March 29, 2019

Tanzania seeks to discuss the terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said. The talks mainly target at …

Tanzania to Initiate $30 Billion LNG Project Read More

ARA Petroleum Tanzania extends Ruvuma farm-out agreement with Aminex

March 28, 2019March 28, 2019

Aminex declares that all parties to the preceding announcement of Ruvuma farm-out agreement have consented to an extension to the longstop date to 31 July 2019. Aminex and ARA Petroleum …

ARA Petroleum Tanzania extends Ruvuma farm-out agreement with Aminex Read More

Qatar Petroleum signs exploration agreement with the Republic of Mozambique

December 11, 2018

Qatar Petroleum enters an agreement with an ExxonMobil affiliate to gain a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in Mozambique. Once the …

Qatar Petroleum signs exploration agreement with the Republic of Mozambique Read More

Oil and gas sector presents powerful investment proposition – EA

November 21, 2018November 21, 2018

The growth will lead to a regionally integrated ecosystem for oil production, natural gas supply and distribution, which will increase efficiency and security of supply. It is also expected that …

Oil and gas sector presents powerful investment proposition – EA Read More

Libya gets better at keeping oil flowing as industry stabilizes

August 21, 2017

Libya’s getting better at resolving stoppages in its oil industry, underpinning a growing perception that the Organization of Petroleum Exporting Countries (Opec) member is closer to becoming a stable producer …

Libya gets better at keeping oil flowing as industry stabilizes Read More

Standard Bank seeks Sh309 billion for Uganda pipeline

August 21, 2017

Standard Bank Group Ltd Ugandan unit plans to raise $3 billion (Sh309 billion) for a crude pipeline by the second half of next year as the country prepares to start …

Standard Bank seeks Sh309 billion for Uganda pipeline Read More

Nigeria continues to maintain top spot as Africa’s largest oil producer

July 13, 2017

Nigeria has continued to maintain its position as the top producer of oil in Africa according to the Organisation of Petroleum Exporting Countries (OPEC) monthly report for the month of …

Nigeria continues to maintain top spot as Africa’s largest oil producer Read More

Nigeria: Report – Oil Output Rises in Nigeria, Others More Than Offset Venezuela Drop

July 11, 2017

A new report by the oil pricing group, Platts indicates that the crude oil production increases in Nigeria, Libya, and Saudi Arabia have pushed output by the Organisation of Petroleum …

Nigeria: Report – Oil Output Rises in Nigeria, Others More Than Offset Venezuela Drop Read More

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