Kenya has increased the consumption of Liquefied Petroleum Gas (LPG) by 240%, compared to 2015, amid low global oil prices and the removal of value added tax (VAT) on the commodity.
Nigeria has earned about $3.46b in oil and gas revenues between July 2015 and June 2016, with a total of $2.3b coming from crude oil proceeds and $1.17b from gas sales.
The Tanzanian government is planning to invest at least $30b in developing a gas processing plant in the Lindi region to boost the country's economic recovery.
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.
Italy's oil and gas giant Eni has reached an agreement with US ExxonMobil to sell its multi-billion dollar stake in the planned offshore liquefied natural gas (LNG) development project in Mozambique.
The Sudanese Minister of Oil and Gas, Dr. Mohamed Zayid Awad, has stated that Chinese companies are willing to invest in Sudan's oil and gas industry, with reference that China already holds 75% of foreign oil invest ...
Iran plans to raise its gas exports to 200mcm/d through pipelines to nearby countries. In addition, the achievement of liquefied natural gas (LNG) projects are also prioritized.
Long-delayed offshore gas project with Italy’s Eni could be approved within months, sparking investments with the potential to transform Mozambique, one of the world’s poorest countries, into a major energy player.
Egypt’s Ministry of Petroleum owes $400m to its German counterpart, RWE, a leading company in manufacturing coal and nuclear-based electricity generators in Europe. The amount accounts for the Essen-based company’s s ...