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Ethiopia petroleum import bill up 19 percent

Ethiopia petroleum import bill up 19 percent

March 25, 2022

Compared to the previous year, the annual petroleum import bill of the Government of Ethiopia has increased by close to 19 percent during the last budget year 2020/21 reaching all-time high 72.60…

South Sudan launches first oil licensing round

South Sudan launches first oil licensing round

June 23, 2021

The Ministry of Petroleum (MoP) of the Republic of South Sudan, announced today the launch of the country’s first Oil Licensing Round and invited international investors.

Enbridge reports strong first quarter

May 7, 2021

Enbridge Inc. (TSX: ENB) (NYSE: ENB) today reported first quarter 2021 financial results, reaffirmed its 2021 financial outlook, and provided a quarterly business update.

Ethiopia launches study to process natural gas

Ethiopia launches study to process natural gas

April 28, 2020

The Government of Ethiopia has awarded a yearlong study to a United States company to realize conversion of its natural gas deposit into liquid petroleum gas (LPG) and other petrochemicals.

British company finds gas reserve in Ethiopia

British company finds gas reserve in Ethiopia

May 6, 2019

NewAge (African Global Energy Ltd), the British energy company has discovered 1.6 trillion cubic feet of natural gas reserve in the Ogaden basin of Somali Region of Ethiopia, local media reported.

Ethiopia drafts petroleum policy

Ethiopia drafts petroleum policy

April 20, 2019

The Government of Ethiopia, which eyes oil and gas as major income generator over the coming years, has drafted petroleum policy.