The government of Uganda and Total Exploration and Production (Africa) have signed the Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline (EACOP) project.
The ceremony which held at the State House Entebbe was…
...may become Senegal's JV's largest shareholderAustralian independent petroleum company, Woodside Petroleum, is warming up to become Senegal's joint-venture largest shareholder at 68%. Yesterday Woodside that it has exercised its right to…
Oil prices extended their losses on Wednesday, falling nearly 3 percent, after a smaller-than-expected U.S. inventory draw-down and jitters ahead of a vote on whether Britain should stay in the European Union.
Crude futures rose early in…
U.S. private equity fund KKR and Mexico's PEMEX are wrapping up details on a $1.2 billion sale and leaseback agreement, according to sources familiar with the operation, as the distressed state-owned oil company scrambles for extra cash.…
Canada's energy regulator on Thursday officially launched its 21-month review of TransCanada Corp's Energy East pipeline, which would carry crude from Alberta's oil sands to refineries and export terminals in Eastern Canada.
The National…
