The Organizer of the African Women in Oil and gas congress, earlier slated for March 2-3, 2016 has announced extension of the event to August. The much awaited event is a brainchild of Mzanzi Training, a South Africa based fastest growing conferencing and training company. In an exclusive communication with Uganda Oil, Mzanza Marketing and
South Sudan and Khartoum to revise Crude Oil transit charges on prevailing prices—Official
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 to pay to Khartoum $9.10 for the oil produced in Upper Nile state and $11 for that of Unity state which produces some 20% of South Sudan’s
South African giant Sasol gets approval to start Oil and gas field Development in Mozambique
South African giant Sasol announced it has obtained approval from the Mozambique government to commence development of Oil and gas fields, the company has indicated in a latest release. Mozambique according to the earlier findings by the Oil and gas journal in 2014, posted natural gas reserves o 100 Trillion cubic feet (Tcf), up from 4.5
Africa’s Major Oil producers Nigeria and Angola seek World Bank Financial support
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 currencies and strained public finances. Nigeria has held exploratory talks with the World Bank on borrowing to help fund a record budget in 2016 but has not
Tanzania: Major gas Operator announce termination of Farmout
Tanzania gas operator Aminex PLC (Aminex) and Solo oil plc have announced that they are not proceeding with the earlier farm out deal Bowleven PLC . Solo Oil had announce earlier in November, 2015 that it had reached agreement with the operator Aminex plc to farmout a 12.5% net working interest in the Ruvuma Petroleum
Tanzania in Final Pre-production well tests, expects first gas in mid-February 2016
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 Aminex PLC and Solo Oil have announced. The well tests and production preparation follows the signing of a Gas Sales Agreement (GSA) between the Tanzania Petroleum Development
Oil and the environment: Nigeria President Promises to Clean Oil spills in Niger delta During Kenya Visit
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 the pledge during a maiden visit at the United Nations office in Kenyan Capital Nairobi in Conclusion of his three day state visit to East African Nation.
Here is Why India could be the new Oil Market Hope for Latest Africa Producers
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. The good news of this according to the Africa Report is that the Asian nation has tasked all its major oil and gas companies to build close
Nigeria and Scotland in New Oil trade talks
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 aiming to achieve a solid understanding of Nigerian market conditions as well as seeking out potential local partners. The delegation is participating in the Offshore West Africa
Opinion: Why oil and gas was a tie-breaker at Uganda’s Innaugral presidential Candidates’ debate
By James Muhindo… Uganda recently held a presidential candidates debate on January 15, 2016 at the Kampala Serena Hotel. The debate was organised by the Inter Religious Council on conjunction with the Elders Forum chaired by Justice Ogola. One of the outstanding issues from the debate that has continues to trend both on social and