Fri, 29th Apr 2016 08:57
By Fumbuka and Ng'wanakilala DAR ES SALAAM, Jan 29 (Reuters) - Tanzania said on Friday it had finalised a land acquisition for the site of a planned liquefied natural gas (LNG) plant and was now working to compensate and resettle villagers to move forward on a long-delayed project. Ta
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Read more(ShareCast News) - William Schrader will replace Nicholas Smith as chairman of oil and gas company Ophir Energy with effect from 30 April. Schrader has over 30 years' experience working at BP and joined the board of Ophir as a non-executive director in February 2013. Senior independent non-executiv
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Read more(ShareCast News) - Ophir Energy has signed a non-binding head of terms agreement with Schlumberger, which will receive a 40% interest in the company's Fortuna project in Equatorial Guinea. Under the definitive agreement, which is expected to be signed in the second quarter, Schlumberger will reimbur
Read more(ShareCast News) - A second day of large gains saw West Texas Intermediate crude oil futures clock in with their biggest two-day advance since August 2015. According to Blacrock's chief, institutionals began wading into financial markets as far back as last Wednesday. Dovish remarks from the ECB's M
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