United Arab Emirates(UAE) has leapfrogged India to become Kenya’s second largest source market after China on the back of soaring oil prices, official statistics show. Provisional trade data on Friday …
Oil & Gas
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AfricaAFRICA NEWSBusinessCentral AfricaEconomyNewsNigeriaOil & GasWestern Africa
Angola overtakes Nigeria as Africa’s largest oil producer in August
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years. Angola’s average daily output in August of …
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AfricaAFRICA NEWSEconomyGhanaNewsNigeriaOil & GasWestern Africa
Ghana ranks 2nd in PPP pipeline projects in West Africa
Ghana is ranked 2nd in Private Public Partnership pipeline projects in West Africa with a cumulative market size of $8.4 billion. According to Fitch Solutions. Nigeria leads the market with …
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BusinessBusiness InsightsBusiness PoliciesEnergyNigeriaOil & GasWestern Africa
FG retrieves N600 billion from oil and gas companies operating in Nigeria
Federal Government recovers N600 billion from oil and gas companies operating in Nigeria according to reports from the Nigeria Extractive Industries Transparency Initiative (NEITI) audit. This, according to Punch, is …
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The Kenya Pipeline Company (KPC) has announced plans to build another petroleum products pipeline between Mombasa and Nairobi, barely four years after the commissioning of the line that currently moves …
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AfricaAFRICA NEWSBusinessEnergyGhanaNewsOil & GasWestern Africa
Ghanaian government to conduct roadshow for oil and gas fields to attract investors
The Ghanaian government has announced plans to conduct roadshows in some major oil and gas countries to expose investors to the heavy potential of petrochemicals in Ghana’s shores. The move …
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AfricaAFRICA NEWSBusinessEnergyNigeriaOil & GasSouth AfricaSouthern Africa
South Africa joins the list of LNG producers as Renergen begins production
South Africa has joined the list of countries producing Liquefied natural gas ( LNG) as Renergen has started up its production facility at the Virginia gas project. The company announced …
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AfricaAFRICA NEWSBusinessEnergyNewsOil & GasScienceSouth AfricaSouthern AfricaTechnology
South African court stops energy giant Shell from seismic survey along wild coast
A South African court has delivered a judgement putting an end to the use of seismic waves by energy giant Shell to explore for oil and gas off the Wild …
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Eastern AfricaEconomyOil & Gas
Total Energies Kenya H1 Profit Declines by 55pc On High Cost Of Crude Oil and Weak Shilling
Total Energies Kenya has reported a 55 per cent drop in earnings for the half year ended June 30 attributed to the high cost of crude oil globally and a …
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Eastern AfricaEconomyFood ProductionOil & Gas
Food and fuel prices surge as Inflation rate hits 8.5pc in Kenya
Consumers endured the sharpest rise in the cost of living in more than five years in August, amid a failed maize flour subsidy, rising fuel costs and a weakening shilling. …