Vivo Energy acquires majority stake in Shell Ghana
African fuel marketer and distributor Vivo Energy has acquired a majority stake in Shell Ghana, a subsidiary of oil and gas explorer Royal Dutch Shell
Downstream
Uganda seeks investor for US$2.5 billion oil refinery project
Uganda’s Petroleum Exploration and Production Department (PEPD) has announced that it is looking for an investor to fund and operate its US$2.5bn oil refinery in the Lake Albertine Rift Basin
Essar Energy to sell Mombasa refinery stake
Indias Essar Energy has said that it is planning to sell its 50 per cent stake in the Kenya Petroleum Refineries Limited (KPRL) situated in Mombasa, to the Kenyan government
Libya's NOC interested in Marathon Oil stake in Waha Oil
Libyas oil minister Abdelbari Arusi revealed that National Oil Corporation (NOC) is considering buying US oil major Marathon Oils stake in Waha Oil Company
Libya’s Marsa al-Hariga port ‘to reopen soon’
Libya’s Energy Committee has claimed that the eastern oil port of Marsa al-Hariga is likely to reopen by the end of this month
