French oil group Total has revealed its plans to achieve a 25 per cent rise in output from its African oil and gas projects over the next five years
Oil & Gas
Simba Energy to drill for oil in Kenya in 2013
Canadian oil and gas explorer Simba Energy has said it will drill its first well in northeast Kenya in 2013
Algeria plans to invest US$80 billion in energy sector
Algeria is set to invest US$80bn in its energy sector, particularly the oil and gas industries, from 2012-2016 in an attempt to meet growing demands
Cove executives to start Africa-focussed exploration firm
Former executives from Cove Energy Plc will start an Africa-focussed oil and gas exploration firm after the company was sold for US$1.9bn to Thailand’s PTTE, earlier in 2012
Malawi secures US$76.5 million loan for fuel storage project
Malawi has secured a loan of US$76.5mn from the Export-Import Bank of India for the construction of fuel reserve facilities