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Indonesia group Medco Energi, which finalised the acquisition of the [...]
With a political environment unpropitious for investment in the gas sector, the two oil firms have lost nearly all of their rights after failing to secure extensions to their blocks. [...]
The licence for block R, which contains the gas deposit Fortuna, expired on December 31. Africa Energy Intelligence was able to read the letter by which the oil minister terminated the contract. [...]
Dar es Salaam's threats to do away with international arbitration could see the back of major oil & gas firms. [...]
While the recent removal of Tanzania’s minister of energy and mines, Sospeter Muhongo, is directly linked to undervalued mining export [...]
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