Archive for the ‘Oil & Gas’ category

Is there oil in Kenya?

Kenya hopes a commercial discovery will be made in the near future as the country has geological features similar to those of areas where crude oil was found in Uganda and natural gas is being exploited in Tanzania.

Ghana oil production yet to peak

More than a year after Ghana pumped its first commercial crude oil, production is yet to reach its capacity of 120,000 barrels per day (bpd).

Nigeria’s fuel dilemma

While many people on 1 January had to cope with a headache after the previous night’s festivities, Nigerians entered the new year with an additional misery.

Oil could transform Namibia into an economy like Norway

Potential crude oil resources off the coast of Namibia could have a considerable impact on the country that has a population of just over 2 million.

Ugandans have mixed feelings about how oil will affect their lives

Ahead of the proposed start of oil production next year, Ugandans have mixed feelings about how crude will impact their lives.

South Africa’s West Coast could become a hub for oil and gas industry

South Africa’s West Coast could become a major oil and gas hub for the entire sub-Saharan Africa region.

Africa, China to reshape global oil markets

Africa is poised to become a major player in the global oil markets due to the discovery of new reserves and as it ramps up production to meet growing global demand, especially from China.

Uganda expects increased foreign investment fuelled by oil

Uganda is pinning a lot of hope on the domino effect to other parts of the economy that the discovery of oil could have.

Kenyan fuel retailer scouting for opportunities in Zimbabwe, Mozambique

Kenyan fuel retailer KenolKobil has finalised plans to open an office in Zimbabwe effective 1 January 2011.

Oil is a far cry from being Africa’s curse

There is no African oil curse, maintains global oil and gas expert Dr Duncan Clarke, only an inherited and continuing curse of politics.