Kenyas government-owned National Oil Corporation has embarked on a regional expansion plan that will see it increase its oil capacity in order to address an increasing customer base
Kenya’s National Oil reveals plans to expand business
Downstream
South Sudan oil exports to hit global market by May 2013
South Sudan’s crude-oil exports are expected to reach the international market by May 2013 after Sudans decision to resume the flow of southern oil exports through its pipelines
Eni sells Mozambique Area 4 stake to Chinese oil company
Italian oil company Eni has agreed to sell a 20 per cent stake of Area 4 in Mozambique to China National Petroleum Corporation (CNPC)
Ophir may become a takeover target for oil and gas giants
UK-based natural gas explorer in Africa, Ophir Energy (Ophir) has turned into a takeover target for producers such as Royal Dutch Shell Plc (RDSA) as Ophir’s limited cash has hampered its ability to develop finds on its own
Bidding for stake in Mozambique gas block to begin shortly
Anadarko Petroleum has put up part of its stake in a Mozambique gas field for sale, shortly after Indian billionaire, Venugopal Dhoot, also sought to divest a 10 per cent stake in the field
More Articles …
