Monday, December 11, 2023

Tag: Oil

Oil gushes forth

After 70 years of relentless quest for oil in the Ogaden basin Ethiopia for the first time began producing a light crude oil from Hilala gas field on a trial basis.

Ethiopia to start extracting crude oil tomorrow

Ethiopia is to start extracting the first ever crude oil deposit from Ethio-Somali Region as of tomorrow, The Reporter learnt.

EPSE plans to build 160 gas stations

In a bid to alleviate shortage of fuel stations in the country, the Ethiopian Petroleum Supply Enterprise (EPSE) is planning build 160 fuel stations across the nation. 

Poly-GCL to start extracting gas next month

The Chinese company which is engaged in oil and gas exploration and development project in the Ogaden basin, Poly-GCL Petroleum Investments Limited, is going to start extracting natural gas at the Calub gas field in the Ethio-Somali Regional State next month.

UK oil firm relinquishes exploration blocks in Ogaden

A British oil and gas company, Delonex Enegry, which has been prospecting for oil in the Ogaden basin, relinquished its exploration blocks.