India has outstripped other net energy importers when it comes to grabbing up crude exports from Nigeria. The country is now the single largest importer of Nigerian crude. According to analysis from Platts, Nigerian crude now accounts for about 17% of India’s crude imports. Global Editorial Director of Oil News, Richard Swann, said that the […]

Uganda’s dream of becoming an oil producer is moving closer to reality. According to Tullow Oil the country is just one agreement away and that agreement should be completed in a few weeks. The agreement pertains to the final outline of a plan that paves the way for $12 billion in investments in the development […]

ERHC Energy signed a letter of intent (LoI) with an unnamed firm for a stake in its Block 11A in Kenya. While the company did not name the firm, its release did say it was an “integrated international oil and gas company” and a “renowned multinational operator” that holds assets on several continents. The parties […]