Africa | Egypt Oil & Gas - Part 26

Tanzania Raises Gas Resources to 55 Trillion Cubic Feet

Tanzania's current natural gas reserves are at about 55 trillion cubic feet (tcf) following new deep sea discoveries off its southern coast, the east African nation's energy minister said.

Fighting in South Sudan Escalates in Oil States

Fighting between rebels and government forces in South Sudan’s oil-producing states intensified, the army said before the two sides meet on Monday for peace talks.

Buhari Plans to Keep Oil Portfolio Away from New Nigeria Cabinet

President Muhammadu Buhari is likely to keep the oil portfolio for himself in the new Nigerian cabinet, rather than trust anyone else with the source of most of Nigeria's revenue and traditional fount of corruption, ...

Oil Decline Leads Explorers in Africa to Consider Mergers

The drop in oil prices will probably spur smaller oil and gas explorers in Africa to consider mergers to fund their ambitions, according to Pura Vida Energy NL.

Spain’s Acciona Invests on Renewable Energy in Southern Africa

Spanish renewable energy firm Acciona aims to intensify its footprint in the green energy business in Southern Africa to ride the wave of a market it sees trebling by 2050, an official said on Tuesday.

Total Announces Two Billion Barrels on Offshore Angola

Total has achieved the significant milestone of producing a cumulative two billion barrels from its operated deep offshoreBlock 17 located 150 km off the coast of Angola. With the recent start up of CLOV, Block 17 ha ...

Seven Energy Seeks to Increase Gas Production in Nigeria

Seven Energy International Ltd. in Nigeria aims to work together with other companies in the country to increase gas production, Bloomberg Business reported. Seven Energy expects to quadruple gas production in Nigeri ...

Oil Tanker Explodes in Southern Nigeria Killing 69

A runaway oil tanker truck exploded in a crowded bus station in the south of the country, setting ablaze 12 buses carrying passengers and killing 69 people, Nigeria's Red Cross and police said Monday.

Eni CEO Denies Problems in Nigeria

Italian oil company Eni is not experiencing any major production problems in Nigeria, the CEO said on Thursday.

Eni Talks on Mozambique Sale

Talks between Eni and suitors including Chinese state utility Huadian for a stake of around 15 percent in the Italian oil major's prized Mozambique gas field are dragging on due to differences over price, industry an ...

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