Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said this week...
4 Aug 2017
In the next two years, the fuel pump prices will substantially come down if the $94m (Shs338b) water transport project launched by president Museveni last week becomes a reality...
Emmanuel Ainebyoona 20 Jun 2017
Bank Windhoek has embraced mobile technology to launch the first mobile fuel payment system in Namibia...
18 Apr 2017
LAGOS, Nigeria: Corruption watchdogs alleged on Monday that Shell executives knew that money earmarked for a controversial oil deal was being used to bribe senior Nigerian officials, a claim rebuffed by the petroleum giant...
12 Apr 2017
According to a recent article by Johnson Kanamugire on The East African, the Rwandan government is abandoning a US$35m biodiesel pilot project...
13 Feb 2017
Engen Petroleum has announced its collaboration with AutoXpress in Rwanda to test customer response to a new mini vehicle services offering...
14 Nov 2016
Engen, the African energy multinational, is planning to build an eco-friendly service station in Réunion...
12 Jun 2015
Blessing Petroleum, the official Cameroonian lubricants distributor for Engen, has opened its 11th service station in the country, bringing Engen automotive oils to the Western region for the first time.
14 Apr 2014
ACCRA: Ghana looked to defy the trends which have plagued other west African oil producers, replacing graft and waste with prudent spending, but two years after production began there is reason to worry, new reports said.
21 Aug 2013
MOGADISHU, SOMALIA: For a fearsome pirate, even one in self-declared retirement, there is a notable lack of what literature has led one to expect: cutlass, eye-patch, hook or even a parrot.
6 May 2013
ABIDJAN COTE D'IVOIRE: A French tanker has been hijacked by pirates off Ivory Coast, port authority officials in the economic capital Abidjan confirmed on Monday (4 February).
5 Feb 2013
Continued global uncertainty‚ coupled with internal factors such as drought and associated food shortages‚ threaten Africa's economic growth prospects‚ warns International Monetary Fund's (IMF) managing director Christine Lagarde.
Ntsakisi Maswanganyi 8 Jan 2013
MAPUTO, MOZAMBIQUE: Italian energy company, ENI announced on Wednesday (5 December) a new gas finds off the eastern coast of Mozambique, the third this year, entrenching the country's position as a major emerging gas producer.
6 Dec 2012
LAGOS, NIGERIA: A probe alleging Nigeria has lost out on tens of billions of dollars in recent years through questionable practices in Africa's biggest oil-and-gas industry has stirred controversy and calls for action.
26 Nov 2012
Nigerian indigenous petroleum exploration and development firm, SEPLAT Petroleum Development Company Limited has unveiled its plans to celebrate this year's World Environment Day, which takes place annually on 5 June.
5 Jun 2012
Infrastructure development between South Africa and Qatar is set to intensify in the future. This emerged after a meeting between President Jacob Zuma and Sheikh Hamad bin Khalifa Al-Thani in Doha during a visit by Zuma, who stopped over in Qatar earlier this week while en route to the World Economic Forum, set to take place in Davos.
26 Jan 2012
Engen, the petroleum powerhouse, has strengthened and renewed its commitment to the Mozambican economy with the closure of an agreement to acquire Chevron's interests in the country.
27 Oct 2011
LONDON, UK: UK businesses are reaping the rewards of an extremely competitive energy market, as new market entrants and specialist small providers drive up standards and lower costs, according to latest research from independent analyst, Datamonitor*.
31 Jan 2011
LONDON, UK: The dynamic economic development of emerging markets will fundamentally change world trade by 2030, leading to the emergence of new logistics service providers to challenge the market share of established companies.
30 Nov 2010