Tullow Oil News

Alan Linn, CEO, Afren

Nigeria-focused oil producer Afren appoints industry veteran Alan Linn as CEO

Afren, the financially distressed oil and gas explorer, on Tuesday appointed industry veteran Alan Linn as its next chief executive amid talks to conclude a recapitalisation plan for the London-listed company.

Offshore Oil Rig

Ghana state oil company GNPC close to signing $700M loan from Trafigura-led syndicate

State-owned Ghana National Petroleum Corporation (GNPC) is close to signing a $700 million, five-year loan from private commercial lenders led by commodity trader Trafigura to help fund its expansion, its chief executive said on Tuesday.

Oil rig

Cheap Oil and Africa: The Winners, Losers, and In-Betweeners

When OPEC signaled that it would not put the brakes on oil production in late November, crude’s price plunged. The drop has caused particular hardship in some African countries while proving to be a boon in others.

Davis Chirchir, Cabinet Secretary for Energy and Petroleum, Kenya

Kenya Forges Ahead With Oil Pipeline Plan

Kenya will soon invite bidders for the design and construction of a crude oil pipeline that would enable East African countries to export recently-discovered oil through the Indian Ocean port of Lamu.