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South Africa Eyes BRICS Partners To Build New $10 Billion Refinery
Tuesday, November 21, 2017 South Africa wants the national oil companies of its BRICS partners to help build a new 400,000 barrel per day refinery.
India's ONGC Buys 15% Stake In Namibia Offshore Block From Tullow
Tuesday, November 21, 2017 India's ONGC Videsh Ltd (OVL) acquires a 15% stake in Namibia's offshore Block 2012A from Tullow Oil.
Djibouti Signs Preliminary Deal With China's POLY-GCL For $4B Gas Project
Thursday, November 16, 2017 China's POLY-GCL Petroleum Group Holdings Ltd signs an MoU to invest $4B in a natural gas project in Djibouti.
Kenya Offers Bigger Share Of Oil Revenue To Local Communities
Friday, November 10, 2017 Kenya's government has proposed in a draft bill to give 30% of prospective oil revenue to the community where the resource was discovered.
Eco Gains Key Clearance Ahead of Potential Drilling Offshore Namibia
Thursday, November 02, 2017 Eco (Atlantic) Oil & Gas Ltd receives a key clearance ahead of potential drilling in the offshore Cooper block (PEL30) in the Walvis Oil Basin in North Central Namibia.
Perry Says Fossil Fuels Could Help Prevent Sexual Assaults In Africa
Thursday, November 02, 2017 US Energy Secretary Rick Perry suggests that the expansion of fossil fuel use in Africa would help protect people there from sexual assault.
Nigeria's Oranto Petroleum Signs Uganda Oil Exploration Deal
Tuesday, October 10, 2017 Nigeria's Oranto Petroleum has signed two production sharing agreements with Uganda to explore for oil and gas around Lake Albert.
Mozambique Moves Closer to LNG Development, but Hurdles Remain
Tuesday, September 26, 2017 Mozambique has signed framework agreements for two LNG terminals, but market and contractual risks as well as potential above-ground problems present difficulties.
Uganda Signs Oil Exploration Deal With Australia's Armour Energy
Thursday, September 14, 2017 Uganda signs an oil exploration deal with Australia's Armour Energy Limited.
Sasol Tempers Return Expectations for $11 Billion Project
Monday, August 21, 2017 Sasol lowered estimated returns at its $11 billion Lake Charles chemicals project in the US and said it's disputing a revised tax bill in South Africa.
Nigeria State Oil Firm Says Its Production Costs Cut To $23 A Barrel
Wednesday, August 16, 2017 Nigeria's production cost per barrel of crude oil is down to $23, the state oil company says.
Standard Bank Seeks to Raise $3 Billion for Ugandan Oil Pipeline
Tuesday, August 15, 2017 Standard Bank Group Ltd.'s Ugandan unit plans to raise $3 billion for a crude pipeline by the second half of next year.
Britain's Tullow Launches Oil, Gas Exploration In Zambia
Friday, August 11, 2017 Tullow Oil starts exploring for oil and gas in Zambia.
Uganda Picks GE for Group to Develop Oil Refinery Project
Monday, August 07, 2017 Uganda chose a group including General Electric Co. to build and operate a 60,000-barrel-a-day refinery that will process crude from fields being developed by Total SA and Tullow Oil Plc.
Natref Refinery To Reach Full Output This Weekend After Disruption
Friday, August 04, 2017 South Africa's 108,000 barrel-a-day Natref refinery, operated by Sasol and Total will reach full output this weekend.
IMF Sees Oil Making Up As Much As 4% Of Battered Uganda Economy
Tuesday, July 25, 2017 Uganda's new-found oil reserves may account for as much as 4 percent of its economy annually in coming years if managed well, the IMF says.
Diplomat: Russia's Rosneft Plans To Open Mozambique Office
Thursday, July 13, 2017 Rosneft is preparing to open an office in Mozambique, a senior Mozambican diplomat says.
Tlou Energy Looking to Progress Botswana CBM Project
Tuesday, July 04, 2017 Tlou Energy Limited lodges a mining license application for the Lesedi coal bed methane project.
Kenya Says Major Wind Power Line to be Ready in Three Months
Thursday, June 29, 2017 A power line linking a 310 megawatt (MW) wind power plant to Kenya's national grid, delayed by landowners' compensation demands among other issues, is expected to be ready in the next three months, the energy minister said.
Tanzania Laws Would Allow Govt to Tear Up Mining, Energy Deals
Thursday, June 29, 2017 The Tanzanian government submitted three bills to parliament on that would allow it to force mining and energy companies to renegotiate their contracts, the latest in a string of moves that have alarmed foreign investors.
Kenya Delays Crude Production Until Oil Law Amendments Agreed
Thursday, June 29, 2017 Kenya has delayed plans to start crude oil production and exports until the government passes an amended law that includes setting out how revenues will be shared.
China Pumps Cash Into African Floating LNG Projects In Strategic Push
Tuesday, June 27, 2017 China plans to pour almost $7 billion into FLNG projects in Africa.
Protest-Hit Ethiopia Region Plans Oil Company To Calm Unrest
Wednesday, June 21, 2017 A central Ethiopian region that's seen almost two years of sporadic anti-government protests is planning a new private oil company and is in talks to import Middle Eastern crude.
Uganda To Finalize Oil Exploration Deal With Nigerian Firm
Wednesday, June 14, 2017 Uganda is set to sign 2 oil production sharing agreements with a Nigerian firm, enabling the company to begin exploration work, the government says.
Total Looks At Downstream In Morocco, S. Africa To Spur Gas Demand
Thursday, June 08, 2017 Total is looking to invest in gas and power infrastructure projects in Morocco and South Africa as it seeks to open new markets, the company's head of gas says.
Total Asks to Revisit South Sudan Oil-Blocks, Minister Says
Monday, June 05, 2017 Total approached South Sudan about developing two of its biggest oil blocks after previous talks on the fields collapsed, according to the African nation's petroleum minister.
Italy's Eni Signs LNG Deal In Mozambique, Raising Hopes Of Gas Boom
Thursday, June 01, 2017 Eni signs an $8 billion deal to develop a gas field off the coast of Mozambique.
Eni to Sign Off on Mozambique Gas Project This Week
Tuesday, May 30, 2017 The Coral South project will require the construction of six subsea wells connected to a floating LNG facility.
Eni To Sign Off On Mozambique Gas Project This Week
Tuesday, May 30, 2017 Eni will complete its long-awaited final investment decision on a large liquefied natural gas (LNG) project offshore Mozambique this week.
South Africa Wants Sinopec to Retain Refinery Capacity
Thursday, May 25, 2017 Sinopec will pay almost $1 billion for a 75 percent stake in Chevron's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced in March.
South Africa Open to Iranian Investment if New Refinery Goes Ahead
Friday, May 19, 2017 South Africa, a net importer of refined oil products, is looking to West Africa and the Middle East, including Iran, for potential partners on a new refinery project, energy ministry officials said on Friday.
Uganda Selects Firms for Refinery Talks
Thursday, May 18, 2017 Uganda has been pursuing a tender for developing a $2.5 billion refinery to process part of the crude from its oil fields.
China's Norinco and Saudi Aramco Line Up $10B Refinery Plan
Tuesday, May 16, 2017 The investment would boost Aramco's presence in China's massive refining industry.
South Africa May Award First Shale Gas Exploration Licenses by End-Sept
Monday, May 15, 2017 The five license applications under review are for exploration in the semi-arid Karoo basin.
China's Sinopec Buys First Major African Refinery In Chevron Deal
Wednesday, March 22, 2017 China's Sinopec agrees to pay almost $1 billion for a 75% stake in Chevron Corp's South African assets and its subsidiary in Botswana, securing its first major refinery on the continent.
Industry Consultant: There's Still Oil to Find in East Africa
Thursday, March 16, 2017 There is still oil to discover in East Africa, suggests PetroMall consultant Mike Rego.
Pirates Demand Ransom For Tanker Seized Off Somalia
Wednesday, March 15, 2017 Pirates off the coast of Somalia, who hijacked an oil tanker with 8 Sri Lankan crew on board, are demanding a ransom for the release of the vessel, the EU Naval Force says.
Somali Pirates Hijack First Commercial Ship Since 2012
Tuesday, March 14, 2017 Pirates hijack an oil tanker with 8 Sri Lankan crew onboard, a Somali official says.
ExxonMobil Agrees to Buy 25% Stake in Mozambique's Area 4 Block
Thursday, March 09, 2017 ExxonMobil agrees to acquire a 25% indirect interest in offshore Mozambique's Area 4 block from Eni.
Ntorya-2 Well 'Substantially Exceeds Expectations'
Wednesday, March 08, 2017 The overall results of the Ntorya-2 appraisal well 'substantially exceed Aminex's expectations'.
Aminex Confirms Production Testing at Ntorya 2 Well Onshore Tanzania
Tuesday, February 28, 2017 Africa-focused oil and gas company Aminex plc confirms that production testing on the recently drilled Ntorya 2 appraisal well, located in the onshore Ruvuma Basin of Tanzania, commenced Feb. 25.
Sasol Sees First Ever Oil From Mozambique In 2-3 Years
Monday, February 27, 2017 South Africa's Sasol will produce oil from Mozambican wells in 2-3 years, the first crude output from the southeast African country, joint chief executive Stephen Cornell says.
Future Giant Discoveries Could be Lurking Offshore South Africa
Thursday, February 23, 2017 Future giant discoveries may be lurking in the Outeniqua Basin offshore South Africa, according to Anongporn Intawong, a team leader geologist at Spectrum.
Somali President Appoints Oil Firm Executive As PM
Thursday, February 23, 2017 Somalia's newly elected president appoints the country director of British firm Soma Oil and Gas as the new prime minister.
Fugro Secures Seep Survey Contract Offshore Kenya
Tuesday, February 21, 2017 Geo-intelligence firm Fugro secures a contract with Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons.
Unite: Government Must Create Sustainable Future for Scottish Oil Sector
Friday, February 17, 2017 UK union Unite calls on the Scottish and Westminster governments to get together and develop a sustainable future for the Scottish oil and gas industry.
Sasol Suspends Drilling In Mozambique Due To Tropical Storm
Wednesday, February 15, 2017 South African petrochemical group Sasol Ltd temporarily suspends drilling activity in Mozambique due to tropical storm Dineo.
Ideal Employer Survey: Africa's Top 10 Companies
Tuesday, February 07, 2017 As Africa's energy demand rises, the continent's refiners increasingly focus on cutting sulfur from fuels. Meanwhile, its stable of E&P firms faces challenges to growth.
Aminex Hits Gas at Tanzania Well
Monday, February 06, 2017 Aminex plc reveals that the Ntorya-2 appraisal well in Tanzania has encountered a gross gas bearing reservoir unit of approximately 167 feet.
Tullow Finds Oil in Kenyan Erut-1 Well
Tuesday, January 17, 2017 Tullow Oil plc announces that the Erut-1 well in Block 13T, Northern Kenya, has discovered oil.
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