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Lobbyists want Kenya’s Early Oil Project Scrutinized

The Kenya Civil Society Platform on Oil and Gas (KCSPOG) has questioned the overwhelming government backing of the early oil pilot scheme (EOPS) project a no profit making venture that … Read More

Orca Exploration Closes $60 million financing for Tanzania’s Songo Songo development from IFC

Orca Exploration has announced that it has entered into a loan agreement with International Finance Corporation (IFC), a member of the World Bank Group, for a US$60 million investment in … Read More

PETROMOC lands $45 million condesate gas deal from Sasol, Partners

Sasol and its partners have entered into an agreement with Petróleos de Moçambique (PETROMOC), Mozambique’s state-owned distributor of petroleum products in a deal that will see PETROMOC sell condensate from … Read More

Africa Oil gets $50 million financing to advance the appraisal and development in Kenya

Africa Oil Corp has announced that it has entered into an equity subscription agreement with International Finance Corporation, a member of the World Bank Group, to sell, on a non-brokered … Read More

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