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The Mozambican Gas Promise and Why It Epitomizes the African Dream

It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas…

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Helium One Looks to the Australian Bourse to Financing Tanzania Operations

Helium One has informed its shareholders of various financing options available to fund ongoing exploration activities.  One of these options…

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Uganda invites Five Bidders to negotiate PSA’s in first competitive licensing round

The Ministry of Energy and Mineral Development has announced it has completed evaluation of bids for the first competitive licensing…

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Australia supports VETA for Extractive Skills Development in Tanzania

Australia is supporting the Tanzanian Governments Vocational Education and Training Authority (VETA) in order to strengthen vocational training institutions and…

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WHL Energy Receives $4 million in Funding For Australia, Seychelles Assets

Australian energy company WHL Energy Limited has announced it has received new funding support providing for a commitment of US$4…

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Mozambique again extends block bidding round to June 2015

The government of Mozambique has for another time extended the block bidding round to June 30th 2015 from the earlier…

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BG Group and KBR signs global alliance

[twitter-follow screen_name=’oilnewskenya’] BG Group has signed a global alliance with KBR that will enhance the company’s capacity to deliver commercially…

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Mozambique could join Australia, Qatar in league of world’s largest Gas producers

Mozambique could become the third world’s largest Gas producer after Australia and Qatar should it secure the needed foreign investment…

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FAR raises $46.7 million to fund exploration ventures in Africa and Australia

FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685…

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Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania

Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund…