Kenya has failed to strike oil and gas deposits in the coastal strip that has for years been at the Centre of an international border dispute with neighboring Somalia. Seismic …
EconomyKenya NewsOil & Gas
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Oil and Gas
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AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
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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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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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Eastern AfricaEconomyOil & Gas
Kenya’s Oil traders will receive Sh24.5 billion while fuel prices remain unchanged
The State will pay oil marketers an estimated Sh24 billion in the largest monthly fuel subsidy to keep pump prices unchanged and ease public anger over the rising cost of …
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AfricaBusinessEnergyNewsNigeriaOil & GasWestern Africa
Buhari approves Seplat Energy acquisition of $ 1.283bn Mobil assets
The Federal Government of Nigeria has presented a letter of consent to Seplat Energy Offshore Limited, a subsidiary of Seplat Energy, for the cash acquisition of the entire share capital of Mobil …
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AfricaBusiness and EconomyNewsNigeriaOil & GasWestern Africa
Nigeria loses N891bn to gas flaring in 18 months
Nigeria lost N891bn to gas flaring in 18 months. This was disclosed in the latest data released by the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill …
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Oil & GasWestern Africa
“Removing Tax on petroleum products will reduce Government revenues by some four billion cedis” President Akufo-Addo
President Nana Addo Dankwa Akufo-Addo says reducing taxes on petroleum products will not be in the interest of the nation. He said the suggestion was not a sustainable one because, …
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Kenya in its bid to cut off the dominance of oil majors who have been blamed for oil shortage is in talks to import a third of its fuel from …
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EnergyOil & Gas
Poland’s Deputy Foreign Minister, Marcin Przydacz, speaks on Russia’s halt of gas supplies to Poland
Russian energy firm Gazprom had told Poland and Bulgaria it would stop supplying gas to “unfriendly” countries who refused to pay in rumbles (Russian currency). After a brief halt of …