London-based Tullow Oil Plc paid the Kenyan government Sh64.6 million in licence fees and infrastructure improvement payments last year in relation its oil production and exploration…
Oranto Petroleum, a pan-African exploration and mining company, is farming into two exploration blocks located on Zambia’s shores. The areas, dubbed Blocks 17 and 27, represent…
The Republic of Congo was announced as the fifteenth member of the Organization for Petroleum Exporting Countries last week at the closing of the 174th ordinary meeting of…
Nigeria’s Bonny Light maintain rising profile Crude oil prices fell yesterday after the decision by the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC members…
The new Mombasa-Nairobi pipeline (line 5) is now complete and ready for commissioning in July this year,giving Kenya a competitive advantage over its peers as the…
The Nigerian National Petroleum Corporation (NNPC) has rolled over its crude for oil products contracts worth about $6 billion by six months until the end of…
Nigeria’s leading indigenous oil and gas company Oando PLC was a gold sponsor of the just- concluded 7th OPEC International Seminar themed: “Petroleum – Cooperation for…
The Sankofa gas project in Ghana, expected to help reduce the country’s oil imports by 12 million barrels per annum, and rake in $2.3 billion of…
Nigeria is ready to offer its support towards achieving the harmonisation of standards in the petroleum sector in the sub-region, Jerome Udegbunam, Head of Products, Depots…
Exxon Mobil is seeking buyers for its stake in a large undeveloped gas field off Tanzania, according to three banking and industry sources, as the company…
