Oil explorer RAK Gas finalises impact assessment in Malawi

RAK Gas MB 45 Limited, a gas and oil exploration firm, in collaboration with Akatswiri Consultancy and Enviro Consultancy, says it has completed an environmental impact assessment on oil exploration in Machinga, Salima and Mangochi. The firm’s director of media and public relations Martin Kansichi said in an interview on Monday they are ready to […]

Malawi oil contracts under probe over corruption allegations

Anti-Corruption Bureau has launched investigation into whether money corruptly changed hands during the rushed signing of production-sharing agreements in regard to three of Malawi’s petroleum blocks just eight days before May 20 2014 elections in the country. The probe was requested by a range of Malawian civil society organisations and international NGO Oxfam. The awarding […]

Oil search firms snub Malawi govt meeting on licences

There have been fevered speculation that the root of the oil and gas exploration messes that is causing Lilongwe serious headaches can be traced to corruption and the licensed investors are behaving larger-than-life with latest published reports indicating they snubbed officials at Capital Hill who had called for a meeting with them. According to Ministry […]

Malawi to renegotiate oil, gas deals – Report

Malawi government is set to cancel, then, renegotiate production sharing agreements (PSAs) with companies licensed to explore oil and gas in the country, Minister of Justice and Constitutional Affairs Samuel Tembenu has confirmed. According to published reports on Sunday, government has completed reviewing the matter and that a final announcement will be made soon, after […]