AfrOil - Africa Oil & Gas
According to a report by the Organization of Arab Petroleum Exporting Countries (OAPEC), the North African country reported that exports climbed to about 2.8mn tonnes in the first quarter.
South Africa’s Minerals and Energy Minister last week confirmed that talks are resuming with Saudi Arabia for majority state-owned Saudi Aramco to build a new refinery in the country.
Uganda’s Ministry of Energy has signed a deal with Australia's DGR Global for exploration and development of the Turaco and Kanywataba sites.
Tanzania is gearing up for its fifth mainland licensing round and will auction off select open blocks for hydrocarbon exploration either in late 2023 or in early 2024.
Tanzania has revised upwards the cost of its liquefied natural gas project to $42bn following a new technical analysis.
Tower Resources has successfully raised GBP2.3mn ($2.9mn) through a placement and share subscription, bolstering the company's financial position as it progresses with its flagship asset in Cameroon.
The African Refiners and Distributors Association (ARDA) has made note this week of low LPG consumption rates in Africa.