US House lawmakers have blocked a $450 million emergency aid the Obama administration was planning to give to the new government of President Mohammed Morsi, facing unprecedented economic crisis, with an estimated budget deficit of $12 billion. Republican Rep. Kay Granger of Texas, chairwoman of the Appropriations subcommittee on foreign operations, says “I am not […]
British Sound Energy Company has announced the start of the initial gas commissioning activities at Tendrara Production Concession, affirming that first gas has entered the gas gathering system (“GGS”) in preparation for long term gas production into the micro-LNG plant. Sound Energy retains a 20% equity interest in the Tendrara Production Concession operated by Mana […]
Kenya is set to benefit from at least 50,000 new jobs in the maritime sector over the medium term as a direct result of its entry into the league of oil-exporting countries. The East African nation on Monday exported its first batch of oil as President Uhuru Kenyatta flagged off the crude shipment from the […]
