Category archives for: Oil & Gas

Egypt Discovers More Gas

April 17, 2018//-The drilling of the Ibn Yunus-1X exploration well on Egypt’s South Disouq concession resulted in a gas discovery for SDX Energy.

Uganda Signs $4Bn Refinery Plant Deal

April 15, 2018//-Uganda has signed an agreement with a consortium of American and Italian firms to finance, construct and operate its $4 billion refinery in Hoima district.

Oil Heads for Biggest Weekly Gain

April 13, 2018//-Oil prices rose higher on Friday, heading for their after U.S. President Trump’s comments about possible military action in Syria and reports of dwindling global oil stocks.

Capex Cuts to Slow Down East Africa Oil, Gas Exploration Projects

April 11, 2018//-East Africa’s crude oil and natural gas exploration and production activities are forecast to be constrained this year, due to capital expenditure (capex) cuts by foreign companies.

Hollywood Superstar Produces Movie on Ghana and Nigeria Oil

April 9, 2018//-Hollywood Superstar, Brad Pitt has produced a non-fictional documentary exposing what he terms “greed and exploitation” of Ghana and Nigeria by Texas-based oil exploration companies.

AKER Energy Purchase of HESS Corp’s Business: An Eternal Departure or a Temporal Discomfort?

April 6, 2018//-HESS Ghana Exploration Limited is the operator for the Deepwater Tano/Cape Three Points Project (DWT/CTP) which is currently about 2,100sq.km. It is a leading global independent petroleum upstream giant with notable strides in the midstream sector.

President Akufo-Addo: No US Military Base in Ghana

Accra, April 5, 2018//-Ghana’s President, Nana Addo Dankwa Akufo-Addo, has affirmed, in no uncertain terms, that Ghana has “not offered a military base, and will not offer a military base to the United States of America.”

Ghana-US Military Pact: President Akufo-Addo to Address Ghanaians

Accra, April 5, 2018//-President Nana Addo Dankwa Akufo-Addo will address Ghanaians on Thursday evening on the controversial Ghana-US military agreement.

Nigeria: Firm To Build 400MW Power Plant In Delta

Ughelli, Nigeria, April 4, 2018// – A company, Onose Tbea Energy Limited registered in Nigeria and determined to stop poor power supply in the country is set to build a 400MW Combined Power Plant at Ekrokpe and Ekrejegbe communities in Ughelli South Local Government Area of Delta state.

Algeria in Talks with BP, Anadarko to Exploit its Shale Gas Reserves

April 3, 2018//-Algeria plans to offer tax incentives in a planned new energy law to attract more investment into the sector.

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