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Ethiopia: Oil Marketer Plans $5 bn Refinery

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AFRICANGLOBE - Ethiopia's leading private oil marketer plans to build a $5 billion refinery within ten years to meet the growing demand for refined products in a region experiencing fast economic growth. A refinery could compete with imports from India, the Gulf and beyond, and also help African countries extract more value from their own oil discoveries.

Oil to Catalyse Billions in Investment in East Africa

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Recent oil discoveries will trigger billions of dollars in investment into Uganda, a new report says. However, it warns that oil discoveries in neighbouring...

Liberia Moves Cautiously on Oil Discoveries

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News released at the end of February that Liberia was on the cusp of an unprecedented oil discovery garnered much more than just praise...
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