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).
African governments seeking greater benefits from mineral wealth Published by Imara Africa Securities team on 17 October 2011 African governments are increasingly seeking a bigger chunk of their mineral resources wealth.
Nigeria: Why major oil companies are not interested to build refineries Published by Staff Writer on 6 September 2011 This Day newspaper reports that none of the international oil companies operating in Nigeria have shown an interest to build a refinery in the country.
More oil fields to be developed in Ghana Published by Staff Writer on 24 August 2011 UK-based Tullow Oil has announced that it will develop more oil fields off the Ghanaian coast.
Total to search for oil in Tanzania Published by Staff Writer on 16 August 2011 Tanzania has awarded oil and gas exploration rights for the northern side of Lake Tanganyika to a subsidiary of French energy company Total SA, its state-run petroleum agency said on Tuesday.
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.
Oil country Namibia? Published by Staff Writer on 9 July 2011 Namibia could become a major oil producer by as early as 2015.
Canadian firm to start drilling for oil in Somalia Published by Staff Writer on 16 May 2011 Canada’s Africa Oil is planning to start exploring for oil in Somalia’s semi-autonomous Puntland region.
Tullow and Ugandan government find resolution to disputes Published by Staff Writer on 20 March 2011 After many months of discussions around tax disputes Tullow Oil, has signed a memorandum of understanding with the Government of Uganda.
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.
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.
Oil in northern Nigeria? Published by Staff Writer on 27 January 2011 Daily Trust newspaper reports Nigeria’s Federal Government is set to approve the execution of a comprehensive hydrocarbon mapping of the country to activate the efficient search for oil and gas across the inland sedimentary basins.
Uganda needs to work with other East African states for development of oil industry Published by Staff Writer on 12 January 2011 Cooperation between Uganda and other East African states is critical for the successful development of the country’s oil and gas industry, Brian Glover, the country manager of Tullow Uganda said yesterday.