Sudan Set To Launch Oil Bidding Round In Q3 2019
Sudan expects it will be able to launch a bidding round for oil and gas blocks in the country in the third quarter of 2019 , Sudan’s Petroleum Minister Azhari Continue Reading
Zimbabwe: ED Confirms Oil, Gas Discovery
President Mnangagwa yesterday officially announced the discovery of oil and gas in the greater Muzarabani area by Australian Stock Exchange-listed company Invictus Energy stretching over 200km. The size of the Continue Reading
Italy’s Eni to try to repeat huge offshore Mozambique discovery
Rome-based Eni, which earlier this decade led the discovery of an estimated 85 trillion cubic feet of natural gas in Mozambique, on Wednesday signed an accord in Maputo that will Continue Reading
Panic grips Zimbabwe
Fuel shortages intensified across the country as long queues formed at service stations that were selling the commodity amid widespread panic-buying of basic goods blamed on government’s new austerity measures. Continue Reading
China Poised To Dominate South Sudan’s Oil Industry
A Chinese state oil major that already dominates most of South Sudan’s oil production is poised to play an even larger role in the African country’s efforts to boost its Continue Reading
Fuel shortage hits parts of Nairobi as VAT standoff persists
Attendants at stations that lacked fuel, he said, told him that petrol quickly ran out on Wednesday as the shortage started to bite. Matatu drivers have also indicated that they Continue Reading
[VIDEO] Long queues at petrol stations as fuel distributors strike
A fuel crisis has hit the country following a boycott by Kenya Independent Petroleum Distributors over the 16% VAT on fuel. Long queues were witnessed at various petrol stations as Continue Reading
Is This The Riskiest Oil Frontier In The World?
Seven years after South Sudan became independent, leaving behind a sanguinary civil war, it finally reached the point where it places its bets on development and not on incessant internal Continue Reading
Sudan To Sign Oil Deals With Chinese Companies
Sudan and China are close to signing new deals on oil and gas exploration that Chinese companies would carry out in the African country, Sudan’s ambassador to China Ahmed Shawir Continue Reading
UAE to build oil pipeline between Eritrea and Ethiopia
The United Arab Emirates will build an oil pipeline connecting Eritrea’s port city of Assab with Ethiopia’s capital Addis Ababa, an Ethiopian state-affiliated broadcaster said on Friday. Fana Broadcasting said Continue Reading