Tanzania’s state-run oil and gas firm, Tanzania Petroleum Development Corp. (TPDC), has announced the official date for the launch of its 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round 2013, Petroleum Africa reports.
The Resources Governance Index of the Revenue Watch Institute (RWI) has ranked Nigeria weak in its oil revenue, All Africa reports.
Oil demand in Africa will climb at a faster pace than most of the world in the next five years because of rising transport and power-generation needs, a report by the IEA showed, Bloomberg reports.
SacOil has picked up new acreage in Africa, Petroleum Africa reports. The company’s Botwana subsidiary, Transfer Holdings (Proprietary) Ltd., was advised by the Botswana Department of s that three exploration licenses were duly approved.
Africa Oil Corp. and Tullow Oil have spud a well in Kenya on Block 10BB. The well is being drilled on the Etuko, formerly the Kamba prospect, Petroleum Africa reports.
Africa Oil Corp. (TSX VENTURE:AOI)(NASDAQ OMX:AOI) ("Africa Oil" or the "Company") is pleased to announce that Tullow Oil Plc, the operator of Block 10BB in Kenya, has commenced drilling at the Etuko (formerly Kamba) prospect.
OCP and DuPont have created a JV to provide consulting and training services to improve the safety, operational, and environmental performance of companies working in Morocco and other African countries, Petroleum Africa reports..
Iran will establish six oil refineries in Africa, the chairman of the union of Iranian exporters of oil derivatives announced on Sunday, Tehran Times reports.
Solo Oil reported that it has signed a binding MoU to acquire a 15% shareholding in Swiss firm Pan Minerals & Oil.
Programs by Exxon Mobil and Total are expected to contribute significantly to Nigerian oil production, the petroleum minister said at a Texas energy conference, UPI reports.