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South Sudan and Khartoum to revise Crude Oil transit charges on prevailing prices—Official

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South Sudan has revised Oil transit charges with its neighbor Sudan on the basis of prevailing crude oil prices, Officials have said. In August 2013 South Sudan agreed…

South African giant Sasol gets approval to start Oil and gas field Development in Mozambique

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South African giant Sasol announced it has obtained approval from the Mozambique government to commence development of Oil and gas fields, the company has indicated in a latest…

Africa’s Major Oil producers Nigeria and Angola seek World Bank Financial support

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By Agencies… Nigeria and Angola, Africa’s two biggest oil producers, are both in talks with the World Bank about support to help cope with low crude prices, weakening…

Tanzania: Major gas Operator announce termination of Farmout

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Tanzania gas operator Aminex PLC (Aminex) and Solo oil plc have announced that they are not proceeding with the earlier farm out deal Bowleven PLC . Solo Oil…

Tanzania in Final Pre-production well tests, expects first gas in mid-February 2016

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Tanzania’s Kiliwani North-1 gas well is undergoing final well integrity tests a head of the first gas production expected in the in mid February 2016, the operator company…

Oil and the environment: Nigeria President Promises to Clean Oil spills in Niger delta During Kenya Visit

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Nigerian President Muhammadu Buhari pledged to clean up Ogoniland and other parts of the Nation’s Oil rich Niger Delta, vastly damaged by frequent crude oil spills. Buhari made…

Here is Why India could be the new Oil Market Hope for Latest Africa Producers

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Data at the International Energy Agency (IEA) indicate that India will be (read is) the world’s largest oil market with consumption rate projected at 10 million bpd by 2040….

Nigeria and Scotland in New Oil trade talks

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A Scottish oil and gas delegation is visiting Nigeria this week with a view to forming partnerships Scottish Development International is leading the delegation and the participants are…

Opinion: Why oil and gas was a tie-breaker at Uganda’s Innaugral presidential Candidates’ debate

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By James Muhindo… Uganda recently held a presidential candidates debate on January 15, 2016 at the Kampala Serena Hotel. The debate was organised by the Inter Religious Council…

Analysis: Why East Africa Has to Hold Onto the Oil and Gas Dream to Spur Economic Growth

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By Stephen Kuria and Bernard Ayieko… The oil and gas market has been shaken and stirred by a raging storm. Some multinationals are actually abandoning the rigs, especially…