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Tanzania Announce discovery of additional 2.17 Trillion Cubic Feet of Natural gas near Capital Dar es Salaam

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Tanzania has discovered an additional 2.17 trillion cubic feet (tcf) of possible natural gas deposits, raising the east African nation’s total estimated recoverable natural gas reserves to more…

Giant Shell Enters Tanzania Gas Industry as nation warms up for Billions in Capital Gains Tax

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The government of Tanzania is bracing itself to receive millions of dollars in capital gains tax following Shell’s acquisition of BG Group assets in Tanzania gas wells. The…

South Sudan and Khartoum to revise Crude Oil transit charges on prevailing prices—Official

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South Sudan has revised Oil transit charges with its neighbor Sudan on the basis of prevailing crude oil prices, Officials have said. In August 2013 South Sudan agreed…

Africa’s Major Oil producers Nigeria and Angola seek World Bank Financial support

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By Agencies… Nigeria and Angola, Africa’s two biggest oil producers, are both in talks with the World Bank about support to help cope with low crude prices, weakening…

Tanzania in Final Pre-production well tests, expects first gas in mid-February 2016

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Tanzania’s Kiliwani North-1 gas well is undergoing final well integrity tests a head of the first gas production expected in the in mid February 2016, the operator company…

Oil and the environment: Nigeria President Promises to Clean Oil spills in Niger delta During Kenya Visit

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Nigerian President Muhammadu Buhari pledged to clean up Ogoniland and other parts of the Nation’s Oil rich Niger Delta, vastly damaged by frequent crude oil spills. Buhari made…

Here is Why India could be the new Oil Market Hope for Latest Africa Producers

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Data at the International Energy Agency (IEA) indicate that India will be (read is) the world’s largest oil market with consumption rate projected at 10 million bpd by 2040….

Nigeria and Scotland in New Oil trade talks

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A Scottish oil and gas delegation is visiting Nigeria this week with a view to forming partnerships Scottish Development International is leading the delegation and the participants are…

Expert; How East Africa is paving way in the spotlight and changing Africa’s Oil map

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By Thangapandian Srinivasalu Africa produced 8.2m b/d of crude last year – 76% came from Nigeria, Algeria, Egypt and Angola, according to PricewaterhouseCoopers’ (PWC) 2015 Africa Oil &…

Iran Determined to raise Oil output as Sanctions are lifted

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From Agencies… Iran is determined to raise its oil output as planned as soon as sanctions on its oil industry are lifted, Mehdi Asali, its representative to the…