Swala Energy Ltd. has been served notice by lawyers acting on behalf of Otto Energy Ltd. that Otto has commenced a legal action against Swala Oil and Gas (Tanzania) plc (SOGTP) and current and certain former directors of the company and is seeking to recover a gross amount of approximately $1 million plus alleged damages. […]
May 16, 2016 Read MoreA pipeline operated by Chevron in Nigeria’s Niger Delta saw an explosion on May 13. The blast occurred at a Chevron oil well at the Marakaba pipeline in Warri. This is the second attack on a Chevron facility in Nigeria since the start of May. The first attack on a Chevron facility took place on […]
May 16, 2016 Read More
The construction of the pipeline that will take Ugandan crude for export on the Tanzanian coast is to be fast tracked. The decision was reached during talks between Tanzanian President John Magufuli, and his Ugandan counterpart, Yoweri Museveni, in Kampala, Magufuli’s office said in a statement. The Tanzanian president suggested that the project be developed […]
May 16, 2016 Read More