Mining, Oil & Gas

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.

What oil production will mean for Uganda’s economy

Published by Imara Africa Securities team on 30 June 2010

The commencement of oil production in Uganda has the potential to give the East African country’s economy a significant boost.

Commodities with excellent potential available to buyers in Africa

Published by Staff Writer on 23 June 2010

A South Africa-based commodity broker is seeking buyers in the rest of Africa for a range of commodities. These include: fertiliser, cement, oil and lubricants, and food products.

High hopes for commercial gas find in Kenya

Published by Dinfin Mulupi on 13 May 2010

Kenya is an inch closer to striking natural gas, the Minister for Energy Kiraitu Murungi has said.