Africa's Oil, Gas and Energy News.
The National Oil Corporation (NOC) has announced that the net revenues for the months of November and December of the year 2021, for sales of crude oil, gas, condensate, petroleum … Read More
By NJ Ayuk It isn’t breaking news that the world is currently on “lock-down mode.” Around the globe, the COVID-19 pandemic has made conditions dire and triggered global economic shutdowns. … Read More
A new global outlook on energy by KPMG Global Energy Institute ‘Global CEO Outlook – Energy perspective’ has shown that most energy CEO’s have on their focus the need to develop new … Read More
Atlas Development & Support Services Limited has announced the decision to place its loss making Kenyan subsidiaries into liquidation by way of a Creditors Voluntary Liquidation following the downturn in … Read More
Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale gas revolution’ in the United States, as well as renewable energy … Read More
East African countries are unlikely to significantly benefit from falling global oil prices due to inadequate storage facilities, a new research paper released by Deloitte East Africa has indicated. “East … Read More
[twitter-follow screen_name=’oilnewskenya’] Statoil has confirmed the appointment of Eldar Sætre as new CEO after four months as acting as president and CEO. Sætre who has 35 years’ experience from Statoil … Read More
[twitter-follow screen_name=’oilnewskenya’] Keeping a job in the upstream sector of the global oil and gas industry is seemingly becoming harder by the day as companies streamline operations to reduce costs … Read More
[twitter-follow screen_name=’oilnewskenya’] Courtesy of resourcegovernance.org Uganda is on the path to becoming a significant oil producer in the next decade, with production potentially reaching over 200,000 barrels per day. Under the right … Read More
Original story by Reuters Two years ago Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration strategy, betting he could hit a bonanza, even though his … Read More
