Production News for East & South Africa


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UAE Says Most Countries In Oil Cut Deal Like Idea Of Long-Term Alliance
Thursday, April 12, 2018 A majority of the OPEC and independent oil producers participating in a current deal to cut supply like the idea of a long-term producers' alliance, the energy minister of the United Arab Emirates says.

Down Is Up as Aging Oil Fields Defy Gravity to Pump More
Friday, March 09, 2018 Bob Dudley has never seen anything like what happened with BP's old fields last year: They gushed more crude.

Production at Mnazi Bay Field Hits Highest Monthly Level Since Output Began
Thursday, March 01, 2018 Wentworth Resources Limited says gross production volumes from Tanzania's Mnazi Bay gas field hit their highest ever monthly levels in February.

IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

Oil Deal May Win Back Sudan Some Influence Over Former Enemy
Friday, December 15, 2017 Sudan lost three-quarters of its oil reserves when the south seceded in 2011. A four-year civil war in Africa's youngest nation may be letting it reassert control.

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.

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.

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.

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 Eni will complete its long-awaited final investment decision on a large liquefied natural gas (LNG) project offshore Mozambique this week.