fbpx

OPEC still has an important role to play in Global Oil Market

By Sebastian Wagner Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market … Read More

Global oil demand to decline in 2020 as coronavirus weighs heavily on markets – IEA

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International … Read More

Mnazi Bay Q3 2017 Gross Production Volumes Reach 60MMscf/d

Joint Venture partner at the Mnazi Bay license has reported that Q3 2017 gross production volumes from the Mnazi Bay gas field averaged 60 MMscf/d, bringing the year-to-date average to … Read More

The Petroleum Authority Of Uganda Appoints New Directors

The Petroleum Authority of Uganda (PAU) has appointed Directors to support the implementation of its mandate of monitoring and regulating the exploration, development and production of petroleum together with the … Read More

8th East African Petroleum Conference & Exhibition set For Burundi in March

The 8th East African Petroleum Conference & Exhibition set for Bujumbura, Burundi in March 2017 under the theme: East Africa – An Emerging Hotspot for Oil and Gas Exploration, Infrastructure Development … Read More

GE, Baker Hughes to Create New Fullstream Digital Industrial Services Company

General Electric and Baker Hughes have announced that the companies have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oilfield … Read More

Tullow Oil, JV Partners Approve FID for the Early Oil Pilot Scheme in Kenya

Kenya’s President Uhuru Kenyatta today received a progress report on the planned Early Oil Pilot Scheme presented at State House, Nairobi, by the Ministry of Energy and Petroleum and the … Read More

East Africa nations race to become region’s first oil exporter

Significant onshore oil discoveries in Uganda and Kenya and offshore gas discoveries in Tanzania and Mozambique have made East Africa a subject of intense interest among the global energy industry.  … Read More

Kenya will start oil production in March 2017

Following Kenya’s President Uhuru Kenyatta’s directive to expedite exportation of Kenya’s first oil, Tullow Oil Company has confirmed that it will start oil production in March next year. Briefing President … Read More