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Nigeria Plans to split National Oil Corporation into 30 Independent Companies as an Anti-Corruption measure

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Nigerian National Petroleum Corp (NNPC) is to be split into 30 independent companies within weeks, the group’s head said on Thursday, in a restructuring designed to help tackle…

Major Oil producers plan to meet in Russia to agree on Output as way of saving the falling Crude Prices

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Key members of the Organization of Petroleum Exporting Countries (OPEC) intend to meet with other producers in Russia on March 20, 2016 to renew talks on an agreement…

Global witness rise Concerns about Environmental risks and Suitability of firms listed in Uganda Oil Exploration Licencing Round

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Commending the government of Uganda for publishing the seven bidders for its first Competitive Oil exploration Licences, watchdog group Global Witness has expressed concerns about the environmental risks…

Uganda Receive Bids for first Competitive Oil Exploration Licencing Round from Seven Firms

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Uganda has received seven bids for six oil exploration blocks offered in a licensing round and it plans to chose the winners and sign deals by the end…

The Unclear, so Clear as Uganda announces Considering Tanzania for Multi billion Dollar Crude Oil Pipeline Project

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A latest communique from Uganda’s presidency  suggests the country is currently working on  the implementation of an earlier decision to have its crude oil export pipeline southwards to…

Tanzania Announce discovery of additional 2.17 Trillion Cubic Feet of Natural gas near Capital Dar es Salaam

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Tanzania has discovered an additional 2.17 trillion cubic feet (tcf) of possible natural gas deposits, raising the east African nation’s total estimated recoverable natural gas reserves to more…

Uganda Energy Ministry Must expedite Implementation of National Local content Policy—Expert Local

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By Dickens Kamugisha…. I would like to congratulate Ugandans for having successfully elected a president and their parliamentary representatives. To the winners and losers, I say we embark…

Giant Shell Enters Tanzania Gas Industry as nation warms up for Billions in Capital Gains Tax

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The government of Tanzania is bracing itself to receive millions of dollars in capital gains tax following Shell’s acquisition of BG Group assets in Tanzania gas wells. The…

Uganda Must be Smart to profit from both Challenges and Opportunities of the Oil Sector—Expert

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By Silver Kayondo… Oil prices have plunged again after China and South Korea posted weak economic results, while fading prospects for a coordinated output cut by leading crude…

Organizer extends date for African Women in Oil and Gas Congress to August 8-9, 2016

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The Organizer of the African Women in Oil and gas congress, earlier slated for March 2-3, 2016 has announced extension of the event to August. The much awaited…