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Africa Needs To Fully Leverage Its Oil And Gas Resources

AFRICANGLOBE - Much of the recent economic growth enjoyed by large parts of Africa has been a direct result of the positive momentum achieved in oil and gas production. The fact that this momentum has been driven by existing producers like Nigeria, Angola, Algeria as well as investment in new producing countries like Ghana, Mozambique, Tanzania, Uganda and Kenya, augurs very well for the future of oil and gas in Africa and for the potential for economic growth overall on the continent.

Nigeria’s Petroleum Industry Bill To Outlaw Gas Flaring By December

AFRICANGLOBE - The newly-drafted Petroleum Industry Bill (PIB), if passed by Nigeria's National Assembly, will mandate oil companies operating in Nigeria to stop flaring gas by the end of this year or risk paying fines.