Although it operates on a long-term basis the oil industry nonetheless remains quick to pick up on trends, especially in the exploration field. Madagascar had its turn in the spotlight in 2006 - a lot of companies acquired acreage in [.
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Chinese foreign minister Li Zhaoxing began a tour of seven African countries on Dec. 31. His travels will take him [...]
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Responsibility for a gun attack on Dec. 10 against a bus carrying executives of Brown & Root Condor (BRC), an [...]
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Concentrated mainly on oil companies, violence in the Niger Delta recently took a more political turn. A bomb exploded on [...]
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Presidential elections in Angola were originally set for 2004 but were put back to 2006 and then to 2007. In [...]
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Talks between Total and ONGC-Mittal in Nigeria that were reported in the Indian press in mid-December form part of a [...]
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The new firm formed out of a merger between Statoil and Norsk Hydro will emphasize its status as a state-owned company in order to woo African counterparts.
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Despite a number of scandals, oil companies are continuing to float on London’s Alternative Investment Market in the hope of bankrolling exploration campaigns, particularly in Africa
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While a number of oil companies have pulled out of the region, the Irish junior Island Oil has been awarded a license that straddles Morocco and Western Sahara.
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Turned down on numerous occasions, Gazprom finally won a foothold in Libya in the third licensing round organized by NOC.
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Cameroon’s government has been holding out on signing an agreement with Equatorial Guinea to deliver gas to EG LNG.
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An African equity fund has bought out the minority stakes held by Gabon's government on several oil concessions.
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Eager to get their hands on Gabon’s oil money, Congo-B creditors have turned to former White House advisers for help in their quest.
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France’s Total signed a production sharing contract with Gabon for [...]
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The French group Maurel & Prom was awarded exclusive production [...]
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The U.S. group Amerada Hess has begun pumping oil on [...]
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The U.S. concern Kosmos Energy signed a production sharing agreement [...]
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The American firm Anadarko signed an agreement with the new [...]
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The World Bank’s director for Guinea Bissau, Madani Tall, wrote to the government in mid-December to threaten to suspend funding [...]
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The commissioning of two new plants looks likely to greatly improve the power supply in Luanda.
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The Ethiopian Electric Power Corporation (EEPCO) could shortly kick off a feasibility study on a fourth section of the Gilgel Gibe dam.
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In addition to the World Bank, the European Investment Bank (EIB) has agreed to take part in funding the Bujagali dam.
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The American group Syntroleum, which invented a new gas-to-liquid (GTL) conversion system, has just sold its exploration and production branch [...]
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According to our sources, Sonatrach has just sold part of its 5% holding in the U.S. oil firm Anadarko. The [...]
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The Arab Banking Corp (ABC) last month signed a memorandum of understanding with the National Oil Corp providing for the [...]
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The New York-based venture capital fund Firebird Management has laid out $1.5 million to acquire a 2.3% holding in the [...]
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Spain’s Rui Cabecades de Sousa was appointed chairman of the British group Soco on Dec. 7 following the death of [...]
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A former director of the Central Intelligence Agency, John Deutch, has just been named to the board of Cheniere Energy, [...]
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A 38-year-old Australian, Donald Strang, has just replaced Michael Wilson on the board of Lonhro Africa, an affiliate of Britain’s [...]
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The fight for the top job at BP is hottening up. Following the announcement that John Browne would stand down [...]
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The Canadian firm United Reef has appointed Doug Brown, who serves as vice president for production and engineering at Rally [...]
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Madagascar’s Office des Mines Nationales et des Industries Strategiques (OMNIS) [...]
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The Entreprise Tunisienne d’Activite Petroliere, which doesn’t organize bidding rounds [...]
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Oil minister Edmund Daukuru is due to announce this week [...]
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The American firm Chadbourne & Parke has been picked by [...]
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In addition to figuring in the banking syndicate that will [...]
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The firm Global Pacific Partners is organizing a conference on [...]
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Global Pacific & Partners is organizing a conference on the [...]
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CWC Associates is organizing a conference on Nigeria's oil industry [...]
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