By NJ Ayuk As global debates intensify over the future of fossil fuels, some voices urge Angola to abandon its oil and gas sector in favor...
The Guyanese government plans to establish an oil and gas data repository later this year, which will centralize all historical and current petroleum data within the...
By NJ Ayuk I strongly encourage African governments to address and minimize the challenges of doing business in the region. To create a more favorable environment,...
AFP | Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country’s...
Senegal’s recent political landscape has undergone a notable transformation with the inauguration of President Bassirou Diomaye Faye and Prime Minister Ousmane Sonko, unveiling a government marked...
Reuters | Trinidad & Tobago has extended by almost two months a deadline to submit bids for an auction of shallow-water oil and gas blocks, the...
By Micah Lucy Abigaba Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67 percent of...
By Ryan Elcock Guyana is currently experiencing a remarkable transformation. Formerly one of the poorest countries in the Western Hemisphere, Guyana is now on track to...
After completing the evaluation of the bids submitted for 8 of 14 oil blocks, the government has finally awarded 8 of the blocks to 6 different...
Reuters | Tanzania is expecting to officially launch the country’s fifth oil and gas licensing round by June and award licences to the winners by December...
Oil production in Guyana’s Stabroek block is projected to average some 1.2 million barrels of oil per day by the end of 2027. This was disclosed...
Bloomberg | Long-delayed negotiations between Tanzania and oil majors for a US$42 billion onshore liquefied natural gas plant were concluded in May, paving the way for...
Reuters | Guyana will postpone by about one month its first offshore oil blocks auction as the country finalizes new terms of the country’s oil and...
Reuters | Chad has nationalized all the assets and rights including hydrocarbon permits and exploration and production authorizations that belonged to a subsidiary of Exxon Mobil,...
Trinidad & Tobago Tuesday said it is prepared to assist Caribbean Community (CARICOM) countries further develop their oil and gas industries and has taken a deliberate...
CARICOM Today | Guyana’s President Irfaan Ali has emphasized the importance of the use of natural gas as a solution for energy security in the Caribbean...
By Victor Dixon Not many years ago many Guyanese were fleeing this small Caribbean nation on the northern tip of South America with the mantra “anywhere...
The presidents of Tanzania and Kenya have agreed to fast-track the construction of a natural gas pipeline designed to increase trade and lower energy costs for...
As the burgeoning Guyanese offshore oil and gas industry goes from strength to strength, powered by the Stabroek block, government revenue from domestic production is on...
Nigerian President Muhammadu Buhari signed into law an oil overhaul bill that has been in the works for nearly two decades, a presidential spokesman said on...
The Guyana government last week welcomed the discovery of new oil wells within the Stabroek Block offshore, saying it will add to the previously announced gross...
Tanzania’s parliament on Sunday approved a legal and regulatory framework for developing its nascent hydrocarbons industry, after days of contentious debate. East Africa has become a...
A worker at the Petroleum Refinery plant in Mombasa, Kenya. PHOTO/Daily Nation Africa has surpassed the Middle East as the oil-and-gas producing region that attracts the...
Union Bank, a leading Nigerian bank, has revealed that it would seek shareholders’ approval to raise $750 million in June, funds it says would be used...
Nigeria could attain investment-grade status if it undertakes reforms to its power and oil sectors that would help boost economic growth and per capita income, a...
Uganda on Thursday said it wanted to borrow $145 million from the World Bank to revamp infrastructure in the Albertine region where it discovered commercial oil...
The race is on between Kenya and Uganda to become East Africa’s first commercial oil producer. Both countries plan to start oil production within the next...
After a series of delays and technical problems affecting the whole value chain, the state-owned petroleum company’s new chief executive promises lift-off in July. Oil and...
Analysts worry that Africa will become less attractive for exploration as states try to get more from the oil and gas sectors. Africa’s licensing regimes for...
Kenya’s energy regulator cut the maximum retail price of a liter of diesel and kerosene till mid-May but raised the price of a liter of petrol...
Nigerian oil and gas firm Seplat has offered 26.4 percent of its shares in a combined market debut in Lagos and London that values the group...
The eruption of fighting in South Sudan brought East Africa’s political crises into sharp focus at a time of optimism about the region’s economic take-off. Undaunted,...
According to Nigerian National Petroleum Corporation, Nigeria lost 3000,000 barrels of crude oil per day or 109.50 million barrels in 2013. The Nigerian National Petroleum Corporation...
By Carlos Lopes Africa’s political economy is deeply ingrained with its history of the exploitation and (mis)-management of its mineral and natural resources. More than 500...
PETROTRIN oil refinery in Trinidad & Tobago. PHOTO/File The Energy Chamber of Trinidad & Tobago, one of the most powerful groups in the twin-island nation has...
A worker at the Petroleum Refinery plant in Mombasa, Kenya. PHOTO/Daily Nation Kenya is headed to become the first oil exporter in East Africa, moving in...
Aliko Dangote – founder and CEO of the Dangote Group (Reuters) – The Dangote Group said on Tuesday it will borrow US$3.3 billion to build a...
Galeota block off Trinidad & Tobago. Source: Bayfield Energy The energy ministry in Trinidad & Tobago has revealed that the Persaud-Bissessar administration would be auctioning off...
(Reuters) – Investors from Europe, Asia and the United States are not the only ones chasing growth opportunities in Africa these days – Africans themselves are...
Trinidad & Tobago in a partnership agreement with Uganda will lend its experience in the oil and gas industry in the development of the East African...
Oil rig in Uganda. PHOTO/Tullow Oil West Africa’s insurance companies and commercial banks are setting up subsidiaries in East Africa to take advantage of the oil...
Oil Refinery in Port Harcourt, Nigeria. PHOTO/File Press Release (Business Wire) – Research and Markets has announced the addition of the “Nigeria Storage Market Analysis and...
The Namibian government on Tuesday announced the first discovery of oil off it’s coast around the Walvis Basin. Namibia has commissioned a Rio de Janeiro-based energy...
(Reuters) – Angola’s government on Wednesday approved the guidelines of a plan to hold bidding for licences to explore for oil onshore in the Kwanza and...
France’s Total SA is entering the final stages of divesting its assets in Trinidad & Tobago to the National Gas Co. of Trinidad & Tobago Ltd....
Trinidad & Tobago’s oil and natural gas resources have made it one of the larger economies of the Caribbean, but a recent analysis in Petroleum Export...
The owner of a salvage company in the Bahamas says crews are trying to contain roughly 3,785 liters (1,000 gallons) of oil that spilled into the...
Oil rig in Uganda. PHOTO/Tullow Oil A shortage of trained oil and gas workers in East Africa is slowing development of new fields following a series...
A first-of-its-kind data centre, a new manufacturing plant, and a bulk-ore transhipment facility are some of the projects set to bring close to a billion dollars...
