Nigeria saved from $11bn pay-out by London court
The Nigerian government has won a case in a British Court that has overturned an $11bn (£9bn) arbitration award made to a firm following a dispute over a failed gas ...
Tag: African oil and gas sector
Equatorial Guinea: Oil Firms Given 30 Days to Open Accounts in National Banks
Top executives from oil companies met with officials from Ministries of Finance, Budget, and Mines and Hydrocarbons, namely Fortunato-Ofa MBO NCHAMA and Antonio Oburu Ondo, along with their Boards of ...
Tanzania: Dar es Salaam Approves $3.5 Billion Pipeline Project
The 1,443-kilometre (900-mile) pipeline will transport crude from vast oilfields being developed in Lake Albert in northwestern Uganda to a Tanzanian port on the Indian Ocean. Read More:South Africa Hosts ...
South Africa: Activists Protest Against Ocean Drilling
About 30 activists and fishers led by the Eastern Cape Environmental Network and Earthlife Africa protested outside TotalEnergies service station in KwaDwesi, Gqeberha on Wednesday. They do not want the ...
Uganda: President Yoweri Museveni Launches First Oil Drilling Operations
Uganda on Tuesday launched the drilling of its first oil well, a key milestone as the country races to meet its target of first oil output in 2025. President Yoweri ...
Stakeholders see natural gas as the ideal transitionary resource for Africa
As African leaders return to their countries ready to implement commitments made at the COP 26 climate change summit, to shift from coal to clean energy sources, stakeholders see natural ...
Energy: If you Boycott Africa’s Oil & Gas Sector, Africa will Boycott you
With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline in foreign investment directed towards the African energy ...
