Kenya’s oil discovery: The reality behind the hype Published by Dinfin Mulupi on 13 April 2012 If Kenya does manage to evade the ‘oil curse’ that other African nations have grappled with, it will still take several years before the oil discovery translates to cash.
Breaking news: Oil discovered in Kenya Published by Claude Harding on 26 March 2012 UK-based Tullow Oil today announced that it has found oil in Kenya.
Why Mozambique’s gas discovery is a big deal Published by Jaco Maritz on 16 March 2012 The recent natural gas discoveries off the coast of Mozambique are important because of the size of the reserves as well as the country’s relative proximity to markets in Asia.
Is there oil in Kenya? Published by Imara Africa Securities team on 30 January 2012 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 Published by Femi Adewunmi on 20 January 2012 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 Published by Femi Adewunmi on 12 January 2012 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 Published by Jaco Maritz on 4 August 2011 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 Published by Jaco Maritz on 3 March 2011 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 Published by Claude Harding on 1 March 2011 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 Published by Claude Harding on 25 February 2011 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 Published by Imara Africa Securities team on 11 February 2011 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 Published by Claude Harding on 10 November 2010 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 Published by Dianna Games on 4 November 2010 There is no African oil curse, maintains global oil and gas expert Dr Duncan Clarke, only an inherited and continuing curse of politics.
Tullow Oil acquires licences in Kenya and Ethiopia Published by Staff Writer on 2 September 2010 Tullow Oil plc has announced the acquisition of a 50% operated interest in six adjacent licences covering the East African Rift Basins of Kenya and Ethiopia.
