Market News
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Exploration Activities in East Africa to Rise in 2017 as Global Prices Recover
Posted on :Thursday , 22nd December 2016
Oil and gas exploration activities in East Africa are expected to rise in 2017 as global confidence in the sector increases with improving prices.
London-based Wood Mackenzie (Woodmac) energy, metals and mining consultancy firm, expects a resurgence of activities in the region, as explorers create more value by drilling wells when crude oil prices on the internation. . .East Africa: As Global Prices Recover, Oil & Gas Explorations Set to Increase in 2017
Posted on :Thursday , 22nd December 2016
Oil and gas exploration activities in East Africa are expected to rise in 2017 as global confidence in the sector increases with improving prices.
London-based Wood Mackenzie (Woodmac) energy, metals and mining consultancy firm, expects a resurgence of activities in the region, as explorers create more value by drilling wells when crude oil prices on the internation. . .Kenya: Govt to Subsidize LPG for Promotion of Safe Energy
Posted on :Thursday , 8th December 2016
Kenya plans to subsidise the cost of cooking gas cylinders to promote safer sources of energy to households.
The government says it intends to promote liquefied petroleum gas (LPG) as the preferred alternative source of energy for cooking, replacing kerosene, charcoal and firewood, which are used by 87 per cent of Kenyans.The Treasury. . .India and Japan look to African oil and gas for energy security
Posted on :Friday , 25th November 2016
Dr Anil Bhandari, an independent consultant and former director of exploration for ONGC, said that India currently produces 2.3 per cent of the world's total energy but 17 per cent of its crude oil imports, essential for meeting energy security needs across multiple sectors, come from Africa. Additionally, Angola and Nigeria are leading exporters of gas to India.
India is also i. . .Scottish oil groups ‘should tap Africa’s potential’
Posted on :Thursday , 24th November 2016
Scottish oil companies that are struggling in the North Sea are being urged to look to Africa to secure their future.
The suggestion comes as the first Scotland Africa Oil & Gas Forum brings senior government officials from the continent to Aberdeen today. Komi Sélom Klassou, prime minister of Togo, is being joined by energy ministers from Senegal, . . .Please Select an Option
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