LIBYA: NOC Hopeful Regional Countries Behind Oil Blockade Will Lift It After Weeks Of Negotiations

NOC has confirmed there have been ongoing negotiations to resume oil production over the past several weeks with the between the GNA, NOC and regional countries, under the supervision of … Read More

LIBYA: NOC Declares Force Majeure on Sharara Oilfield Crude Exports after Armed Attack

Libya’s National Oil Corporation (NOC)’s  has condemned the crime committed by an armed group on the evening of Monday, June 8, 2020 which stormed the Sharara oilfield and pulled their … Read More

Equatorial Guinea Presents Offer to Join OPEC in 2017

Gabriel Mbaga Obiang, Minister of Mines and Hydrocarbons, travelled to Vienna on January 20 to meet with OPEC officials and present the Government of Equatorial Guinea’s offer to become the … Read More

Opportune Time for Africa Oil & Gas Industry to consider Change: PwC Oil & Gas Review

The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil … Read More

Security in Africa: Structural challenges are reaching crisis point

[twitter-follow screen_name=’oilnewskenya’] The latest report from Think Security assesses changes in Africa’s security situation between 2013 and 2014 in three main categories: (1) Challenges impacting the national chain of command, … Read More

PetroServices eyes expansion into the East African market

German oil field supplier and service provider PetroServices has said it is looking into opening an office in Kenya to tap into the expanding oil and gas sector. According to … Read More

Infrastructure, regulatory uncertainty and corruption remain hurdles in Africa’s oil & gas sector – PwC Review

[twitter-follow screen_name=’oilnewskenya’] The challenges facing oil & gas companies operating in Africa continue to be diverse and numerous fuelled by fraud, corruption, theft, poor infrastructure and a lack of skilled … Read More

East Africa next investment attraction exploration and production companies

[twitter-follow screen_name=’oilnewskenya’] 3 East African countries Kenya, Mozambique and Tanzania are set to be the next attraction for the exploration and production companies following recent mineral finds and infrastructure projects. … Read More

Mobilizing Finance for Energy Development in Africa

[twitter-follow screen_name=’oilnewskenya’] Story by Oil Council Many economies on the African continent are undergoing a transformative expansion. Recent oil and gas discoveries, along with improvements in transparency and governance, have … Read More