Mozambique LNG to boost Real GDP by 800% in 20 years – Standard Bank

Mozambique liquefied natural gas, (LNG) stands to transform the country and entrench it as a leading player in the global LNG industry.  Developing these reserves and scaling up the currently … Read More

Sub-Sahara Africa’s growth to slow amid oil and other commodities price drop – World Bank

Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the … Read More

South Africa, Mozambique Governments Sign Agreement to Evaluate Viability of a Gas pipeline

South Africa’s Public Investment Corporation SOC Limited (SacOil) and the Instituto de Gestão das Participações do Estado (“IGEPE”) in Mozambique (have signed a Joint Development Agreement to evaluate the technical … Read More

Afren corruption investigation report expected in mid-October

Afren an independent oil & gas company listed on the Main Market of the London Stock Exchange, with a diversified portfolio of production, development and exploration assets in 10 African … Read More

African oil & energy sector fuelling global investor growth – DHL

[twitter-follow screen_name=’oilnewskenya’] While Oil and Gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of … 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