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Tanzania Oil & Gas News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Tanzania Oil & Gas.
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Latest Tanzania Oil & Gas News

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  • Exports mount as imports tumble for past one year 6 Dec 2009 07:32 GMT
    ... of Tanzania has reported an increase in export of goods by 7.9 percent to $2,671.7m ... drop in imports of intermediate goods particularly oil imports. The Bank of Tanzania (BoT) reports in ... which recorded increases in the export unit prices, other traditional exports recorded declines in prices. ...

  • High crimes on the high seas 6 Dec 2009 00:16 GMT
    ... within hours. was transporting 275,000 tonnes of crude valued at US$20mil (RM67.6mil) from Saudi Arabia ... the third tanker and the second carrying oil to be taken by pirates in what ... longer applies. But for now, tankers carrying fuel are a chief concern because with their ...

  • What Norway Wants From Zanzibar [opinion] 5 Dec 2009 00:10 GMT
    ... unity in Zanzibar? Could it be the oil factor? Well, what I found intriguing is ... issue? The official website of the Tanzania Petroleum Development Corporation (TPDC) lists the 17 licensed ... (TPDC) lists the 17 licensed oil and gas exploration companies that operate in Tanzania. Out of ...

  • Statoil Wins Consent To Conduct Exploration Drilling With Ocean Vanguard Facility 30 Nov 2009 14:10 GMT
    ... the winners of the working area of oil and gas supply and the working area of coal-bed methane ... Shell Plc in the O ... Shell Petroleum Development Company (SPDC), operator of the Nigerian ...

  • Coltan, cash and oil 4 Dec 2009 18:06 GMT
    ... Democratic Republic of Congo (DRC), continues to fuel the conflict in the DRC. Various rebel ... unless there are some secret reserves of oil, coltan or some other mineral needed desperately ... the continued deferral and failure to end gas flaring; failure to insist and regulate the ...

  • British Oil Firm Lands Lucrative Deal in Virgin Basin 30 Nov 2009 10:30 GMT
    ... Nairobi — British firm Solo Oil will spend $10.7 million to fund a ... is the first well scheduled to be drilled under the Ruvuma Production Sharing Agreement in ... drilling cost of Likonde-1 ($3.4 million). David Lenigas, chairman of Solo Oil, said the farm-out agreement ...

  • Air Tanzania fires staff ahead of Chinese deal 3 Dec 2009 05:15 GMT
    ... AIR Tanzania, the state-owned carrier, had fired 45% of ... 49% of Air Tanzania in exchange for oil-exploration rights in the country. Hong Kong-based China ...

  • Business Combination of Kristina Capital and Black Marlin Energy Limited and Subscription Receipt Financing 2 Dec 2009 01:30 GMT
    ... principal business activities are petroleum and natural gas exploration, development and production in Africa (through ... grew further with a farm-in to Africa Oil Corporation's Block 10A in Kenya (20%). The ... Boulder Energy International Inc. (Chairman 1997-2001), Qatar Fuel Additives Company Limited - QAFAC (Managing Director ...

  • Business Combination of Kristina Capital and Black Marlin Energy Limited and Subscription Receipt Fi 2 Dec 2009 12:37 GMT
    ... principal business activities are petroleum and natural gas exploration, development and production in Africa (through ... grew further with a farm-in to Africa Oil Corporation's Block 10A in Kenya (20%). Principal ... Boulder Energy International Inc. (Chairman 1997-2001), Qatar Fuel Additives Company Limited - QAFAC (Managing Director ...

  • Business Combination of Kristina Capital and Black Marlin Energy Limited and Subscription Receipt Financing (CCN) 2 Dec 2009 01:30 GMT
    ... principal business activities are petroleum and natural gas exploration, development and production in Africa (through its ... report prepared by in relation to the crude oil and natural gas resources of Black Marlin ...

  • Biofuels: Hope or Hype? 3 Dec 2009 14:02 GMT
    ... that it is leaning toward increasing the biofuel "blend wall," the amount of ethanol allowed ... developed nations’ best hope to cut greenhouse gas emissions and provide energy security. However, as ... run on ethanol from corn, but Standard Oil and its fossil fuel cohorts, seeing the ...

  • What Norway wants from Zanzibar 4 Dec 2009 18:03 GMT
    ... in the island’s strategic location and offshore oil deposits that are behind Norway’s recent flurry ... of Representatives to sensitise them on oil exploration and drilling for an impending Bill on ... the lists the 17 licensed oil and gas exploration companies that operate in Tanzania. Out of ...

  • Land grabs: Africa's new 'resource curse'? 3 Dec 2009 14:02 GMT
    ... attempt to secure supplies of food and biofuels to mitigate the impacts of climate change ... one.’ Andreas should know – just as oil giants are subsidised to the tune of ... oil – from 2004-2007, the prices of crude oil and food rose in tandem by ...

  • Balance of Payments Rises to Sh825 Billion 2 Dec 2009 10:21 GMT
    ... in the current account deficit to increased exports, a lower import bill and increase in ... in the import bill to falling commodity prices in the global market, notably oil, due to the global financial and economic ...

  • From King Parakramabahu to Ethical Fashion 3 Dec 2009 22:12 GMT
    ... today is uniquely challenging. Financial collapse. Peak oil. Climate change. Insecure food systems. Each of these ... ecosystems. These tools, too, are in the pipeline. In December last year, a report was ... work together. It would be fun to explore that idea but - perhaps just as ...

  • Asian power firms look to international markets for growth opportunities 30 Nov 2009 19:04 GMT
    ... Asian power firms look to international markets for ... towards a proposal of building a 4,000-5,000MW gas-fired power plant in Iran at a cost ... the barter option, whereby they can import fuel in return for developing power generation facilities ...

  • Dutch warship holds 13 suspected Somali pirates after failed attack 3 Dec 2009 13:05 GMT
    ... and came days after a massive Greek oil tanker was seized. The European Union's anti-piracy task ... to be carrying a full cargo of crude oil, worth in the vicinity of 150 million ... Sirius Star, which was carrying 2 million barrels of oil worth around 100 million dollars ...

  • Ndulu's Take On African Economies 3 Dec 2009 11:30 GMT
    ... based here. However, he said with declining exports, capital and remittance inflows weakening and stocks ... by the global crunch as demand for oil and minerals collapsed. Those depending on agriculture, like ... sharp decline in foreign exchange as commodity prices tumbled on the world market. According to ...

  • Country Seeks Triton Storage Tanks 2 Dec 2009 20:12 GMT
    ... of the troubled Triton, owned by former oil magnate now fugitive Mr Yagnesh Devani, have ... the public domain to enhance Kenya's strategic fuel storage capacity. With neighbours Uganda, Rwanda and Tanzania ... owner the licence to connect to Kenya Pipeline Company facilities, without which the oil tanks ...

  • African Markets - Factors to watch on Dec 2 2 Dec 2009 06:30 GMT
    ... commodities on expectations of rising global demand, fuelled by upbeat U.S. home sales and analysts' ... metals report click on For the latest crude oil report click on Copyright Thomson Reuters 2009. ...

  • 'Eco rape' stealing Kenya's assets 1 Dec 2009 12:36 GMT
    ... only a small storage reservoir. As high oil prices force Kenya to look for alternative energy, ... this country." Revenue from tea, Kenya's third-biggest export earner, has declined while the second biggest, ...

  • Real Office, Equest Investment, African Eagle... 1 Dec 2009 14:36 GMT
    ... hence the requirement for more working capital. Oil and gas engineering services firm says its financial year has ... the recent downturn in oil and gas exploration activity and in turn, see steady growth ...

  • Jatropha Takes Root in Brazil 2 Dec 2009 16:33 GMT
    ... holds jatropha seeds. Efforts to make jatropha-based biofuel have met with mixed success. A Brazilian startup ... the species can adapt to the area’s soil and climate, as well as other factors ... such projects has also diminished as oil prices declined from their heights in the summer ...

  • What is clogging Lake Victoria and the consequences that follow 1 Dec 2009 22:18 GMT
    ... need oxygen, there is competition for this gas and inevitably, a diminished oxygen supply. Farm fertilisers, ... unfit for drinking and other industrial uses. Oil, heavy metals like mercury, lead and tin ... produce, warehouse groups, processors and millers and exporters. Based on the plan, a farmers’ association ...

  • Sub-Saharan Africa news in brief: 19 November'2 December 2009 2 Dec 2009 18:25 GMT
    ... Below is a roundup of news from or ... they are released into the wild. Nigerian fuel cell project wins global innovation award 'Cows ... Kilowatts', a Nigerian project that converts greenhouse gas emissions and produce cooking gas and fertiliser ...


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