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Nigerian Students Invent Urine Powered Generator

AFRICANGLOBE - It's ironic that Nigeria, Africa's leading oil producer, suffers from frequent fuel and power shortages. But four Nigerian students have found a...

Will Africa Ever Benefit From its Natural Resources?

Whether Africa will ever benefit from its natural resources is a question that is more relevant now than ever, as new discoveries of coal,...

Brazil’s Petrobras to Explore for Oil in Ethiopia

Petroleo Brasileiro SA (Petrobras), Brazil's state oil company, plans to commence an oil exploration project in Ethiopia, according to reports. Ethiopia's Mines Minister Sinknesh Ejigu...

Oil and Gas: East Africa’s Race to Get Ready

The reserves already discovered will make East Africa one of the next gas frontiers. Companies are waiting for policymakers to determine priorities and incentives...

East Africa’s Energy Boom

Gas discoveries in Mozambique and Tanzania, and rising estimates for oil in Uganda, Kenya, Ethiopia and Puntland, are attracting global energy companies to east...

Eni Makes First Important Oil Discovery In Ghana

Africa’s biggest foreign oil and gas producer Eni S.p.A, and international oil marketer Vitol, have made their first important oil discovery in Ghana, at the...

Nigeria: Minister Pledges Support for Indigenous Oil Companies

Nigeria's Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has pledged her government's support for indigenous oil companies that are willing to invest in every...

Tanzania Set to Start Production of LNG

AT last, the Tanzanian government has started its quest to develop a liquefied natural-gas export project in the form of liquefied natural gas (LNG)...

U.S. Oil Firm Begins Search off East Africa

US oil and gas explorers Apache Corporation estimates that within the next 60 days, it will have drilled the targeted 3,250 metres depth at...

China Replaces United States As Nigeria’s Number One Crude Oil Importer

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, has said China had become the alternative market for Nigeria's...

Tanzania To Create Sovereign Wealth Fund

Tanzanian President, Jakaya Kikwete, has announced his government’s intention to establish a sovereign wealth fund (SWF) to protect Tanzania’s future gas production revenues. In June,...

Will Nigeria’s Petroleum Industry Bill Increase Govt Revenues

Nigeria's Federal Government has approved the Petroleum Industry Bill (PIB), which as part of its provisions will provide for the unbundling of the Nigerian...

Uganda, the Cheapest Place to Find Oil in the World

The cost of finding commercial oil reserves in Uganda is less than a dollar compared to the global trends justifying increased investors' appetite for...

Uganda’s Oil Refinery Project Good for East Africa

Uganda's progress in transforming its oil assets and the plan to build a refinery project has attracted criticism, skepticism and resistance, a challenge that...

Signs of Hope in Tackling Corruption in Nigeria’s Oil Industry

Though the destiny of Nigerian oil and gas is still bound up in the passing of a bill designed to simplify and restructure the...

A Huge Buried Treasure in Mozambique

Huge discoveries of offshore gas in Mozambique, and promising finds in Tanzania, have turned East Africa into a new prospection frontier. Two companies, Anadarko of...
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