Exxon Mobil Corp. is in advanced negotiations with Eni SpA over acquiring a minority stake in natural-gas discoveries off Mozambique, according to two people with knowledge of the talks. Exxon Chief Executive Officer Rex Tillerson discussed the plan with Mozambique President Filipe Nyusi last week in Maputo, the African nation’s capital, according to one of
Kenya Officials in Uganda Oil Pipeline Project say were denied entry into Tanzania’s Port Tanga
A team from Kenya Oil ministry assigned to a fact finding mission on the viability of Uganda Oil Pipeline export routes suffered setbacks after allegedly being denied entry into Port of Tanga by Tanzania Officials. The team was created following a meeting between Uganda President Yoweri Museveni and Kenya’s Leader Uhuru Kenyatta, respective oil ministry
Tanzania in Final Pre-production well tests, expects first gas in mid-February 2016
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 Aminex PLC and Solo Oil have announced. The well tests and production preparation follows the signing of a Gas Sales Agreement (GSA) between the Tanzania Petroleum Development
Tanzania Parliament pass law to regulate Oil and gas sector
Tanzania House of representatives bowed to the pressure and gave way for the Petroleum law seen as the regulatory mechanism for the nations rapidly growing oil and gas sector. Analysts had earlier said the law is urgent since the nation’s oil sector was operating without a rich legal framework. The passing of the bill presented