Société Pétrolière Ltd,SP, the East Africa mid and downstream oil company, has installed eight Liquified Petroleum Gas storage and cylinder filling plants across Rwanda.

This doubles the country's LPG storage and filling capacity. Each of these facilities has a storage capacity of 20m3 and is capable of filling c.a 1,000 bottles per day.

The"...

Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well was drilled on the Ndungu exploration prospect. The new discovery is estimated to contain up to 250 million barrels of light oil in place, with further upside.

The Ndungu-1 NFW well is located a few kilometers from Eni’s West Hub facilities, and has been drilled by the Poseidon drillship in a water"...

Eni announces a gas and condensate discovery in CTP-Block 4, offshore Ghana. The well, drilled on the Akoma exploration prospect, proved an estimated volume between 550 and 650 bcf of gas and 18-20 mmbbl of condensate. The discovery has further additional upside for gas and oil that will require further drilling to be confirmed.

The exploration well Akoma - 1X is located approximately 50 kilometers"...

WASHIGNTON- US oil giant Chevron said on Thursday that it would not make a counter-offer for Anadarko Petroleum, yielding victory to its competitor Occidental Petroleum which is expected to take over the American oil group.

Occidental Petroleum Corp. will move forward with its $38 billion takeover of Anadarko Petroleum Corp., the oil industry’s biggest deal in at least four years, after Chevron"...

Ethiopia is set to receive US $1.8bn from the State Grid Corporation of China to improve electricity transmission and distribution networks across the country.

Ethiopia’s Prime Minister, Abiy Ahmed who signed the agreement said the government has set out a plan to construct 9,000km of distribution lines and 19,600km of transmission line.

"...

ALGIERS (Reuters) - Algeria’s first quarter energy earnings fell 1.68 percent year on year, official figures showed on Sunday.

That increased the OPEC member country’s trade deficit by 11 percent to $1.37 billion, the data released by customs showed.

Oil and gas exports, which accounted for 93.59 percent of"...

French oil-and-gas giant Total said Sunday it has entered a deal with Occidental Petroleum Corp. to acquire Anadarko’s assets in Algeria, Ghana and South Africa for $8.8 billion, Reuters reports. The deal, which would be expected to close next year, is contingent on Occidental winning the war to acquire Anadarko.

France’s"...

(AETOS Wire)-- ExxonMobil said today that it is providing $100,000 to support disaster relief and recovery efforts in Mozambique following Cyclone Kenneth, which made landfall on April 25. The $100,000 contribution will go to the American Red Cross, which will coordinate its assistance with the Mozambique government’s National Disasters Management Institute in support of ongoing rescue efforts and for food, shelter and comfort for the storm’s victims. “We are deeply saddened by the impact of Cyclone Kenneth on Mozambique and surrounding countries,” said Liam Mallon, president of ExxonMobil Upstream Oil & Gas Company. “The devastation from cyclones Idai and now Kenneth have been widespread, and this funding will help provide relief during a very difficult time. Our thoughts are with everyone affected.” ExxonMobil employees and contractors have been reported safe following the cyclone. Since Cyclone Idai, ExxonMobil has contributed more than......

Eni has inaugurated in Tataouine, in the south of Tunisia, the construction site for a photovoltaic plant with an installed capacity of 10 MW.

The project, which was awarded to the ETAP-Eni consortium following a public tender issued by the Tunisian authorities in accordance with the country's licensing regulations, will supply electricity to the State-owned company Société Tunisienne"...

(Reuters) - Occidental Petroleum Corp increased the cash component of its $38 billion (29 billion pounds) bid to acquire Anadarko Petroleum Corp on Sunday, removing a requirement for any deal to receive the approval of Occidental’s shareholders.

The move means Occidental shareholders who oppose the bid, including T Rowe Price, will not get an opportunity to vote it down. It adds more certainty"...