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Mount Kenya and Northern Region Residents to Enjoy Safer and Cheaper Fuel

The residents of Mount Kenya and the Northern regions will be beneficiaries of a cheaper and safer fuel after the renovation of the Nairobi-Nanyuki railway line by the Kenya Pipeline...
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More Ghanaians Needed in the Development of Oil and Gas Resources – Nana Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has emphasised on the need for more Ghanaians to actively participate in the development of the country's oil and gas resources. This was reiterated during...
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Nigeria’s NNPC Signs Agreement with CNOOC and SAPETRO to Settle OML 130 Dispute

NNPC - Nigerian National Petroleum Corporation The West African country's National Oil Company is said to have signed a preliminary Head of Terms (HoT) agreement to end a dispute on...
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Mozambique: Afrexim to Fund LNG Project with $400 million

The African Export-Import Bank (Afreximbank) is aiding the financing of Mozambique's Area 1 Liquefied Natural Gas (LNG) project through guarantees and direct lending of up to $400 million. The $24...
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Egypt: Government to Triple Natural Gas Filling Stations, Promote Dualisation of Car Engines

The Egyptian government has announced its plans to triple the number of gas filling stations in the country from 190 to 556 in 2020. Earlier this year, President Abdel Fatah...
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Senegal: Renewable Energy Production Equipment Exempted from VAT

The Ministry of Oil and Energy Senegal has excluded equipment used for the production of renewable energies from its Value Added Tax (VAT) in a bid to improve access to...
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Zimbabwe: Invictus Energy gives Cabora Bassa Project Update

Invictus Energy has provided an update on the company's activities so far this year including the latest on the Cabora Bassa Project in Zimbabwe. The company announced it has received...
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Nigeria: NNPC Releases Monthly Financial Operations Report for May 2020

The Nigerian National Petroleum Corporation (NNPC) has released its Monthly Financial Operations Report (MFOR) for May 2020. In the report, it showed that 37 pipeline points were vandalised in May...
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Oil Prices Rise Above $45/barrel For The First Time Since March

The price of Brent rose to a five-month high above $45 a barrel. This comes after a United States industry data showed a decline in the nation's stockpiles. This also...
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Somalia: Petroleum Ministry Set up Somali Petroleum Authority

Somalia has set up the Somali Petroleum Authority, tasked with the regulation of the development of the oil sector as the country opens its first-ever licensing rounds. The country launched...
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