Sasol Reacts to Suspension of Foreign Workers In Mozambique
Reacting to the suspenson of 34 of its foreign workers in the southern Mozambican province of Inhambane, the South African petrochemical company Sasol has denied that it is in violation of Mozambican labour legislation. Last week, the General Inspectorate of Labour (IGT) in the Labour Ministry announced that it had suspended 34 foreigners, 17 of […]
U.S.$800 Million Bribe Alleged in Nigeria’s Malabu Oil Case
Britain’s commitment to tackling high-end money laundering through the City of London is under serious scrutiny after it emerged that regulators appear to have waved through an $800m bank transfer to a convicted criminal as the proceeds from one of the most corrupt deals in the history of the oil industry. A joint investigation by […]
Oranto Launches $500-Million Oil Exploration Campaign in South Sudan
Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block today in Juba. The B3 area covers 25,150 square kilometers. Some aeromagnetic and seismic data have […]
Uganda Plans New Fuel Transport System Over Lake Victoria
Uganda has started the search for a consultant to undertake a study that will guide the creation of a well-managed transportation system of bulky petroleum products over Lake Victoria amid a poor road network that cannot adequately support the industry. The government says petroleum products continues to grow by at least 10 per cent, with […]
WSRW denounces illegal oil exploration by Glencore in occupied Western Sahara
Western Sahara Resource Watch (WSRW) denounced the illegal oil exploration by the Swiss company Glencore off the coast of the occupied territory of Western Sahara. WSRW underlined in a communiqué that “Glencore” is accelerating the oil exploration off the coast of occupied Western Sahara, underlining that the company conducted other seismic surveys and concluded a […]
South Sudan Risks Losing Oil-Rich Abyei Due To Internal Strife
South Sudan risks losing the disputed oil-rich region of Abyei with internal strife taking most of its attention as Khartoum moves to entrench its administration across the border. President Omar al-Bashir declared last week that Abyei was part of Sudan’s territory and asked residents to apply for identification documents from the local administration answerable to […]
DR Congo, Tanzania, Zambia and Burundi to Meet On Lake Tanganyika Oil
Four countries sharing the Lake Tanganyika basin will hold a meeting next week in the Democratic Republic of Congo (DRC) to discuss a joint exploration of oil and gas in the second deepest lake in the world. The minister for Energy and Minerals, Prof Sospeter Muhongo, yesterday told the august House that there are traces […]
Oil, Gas Firms Reject Tanzania’s Local Content Regulations
Differences between Tanzania and oil companies over local content obligations contained in Petroleum Act 2015 have resurfaced with the government collecting stakeholders’ views in efforts to enforce regulations. The companies through their organisation, Oil and Gas Association of Tanzania (Ogat) last week told the Energy and Water Utilities Regulatory Authority (Ewura) that they are uncomfortable […]
Split of Rwanda Natural Resources Authority Okayed
LEGISLATORS in the Lower House, on Tuesday, passed a series of Bills that will see Rwanda Natural Resources Authority (RNRA) dissolved and replaced by three independent and specialised bodies focused on oil, gas, and minerals as well as land, water, and forestry. The basis of the draft laws was unanimously approved by the House, last […]
Third largest oil and gas producer in sub-Saharan Africa agrees to production cuts
The Ministry of Mines and Hydrocarbons of Equatorial Guinea announces that it has submitted its interest to join the Organization of Petroleum Exporting Countries (OPEC) in 2017. H.E. Gabriel Mbaga Obiang, Minister of Mines and Hydrocarbons, travelled to Vienna on January 20 to meet with OPEC officials and present the Government of Equatorial Guinea’s offer […]
