Employed in the past to acquire stock or real estate in London, New York and Paris, oil profits in the Gulf countries are now mainly invested locally or in neighboring African countries. North Africa can expect to be one of [.
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The Chinese foreign ministry is organizing a major Sino-African conference in Beijing in November. All of China’s oil partners on [...]
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Algerian energy minister Chakib Khelil is currently visiting China - the trip will end on July 9 - in a [...]
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After visiting Algeria on several occasions this spring, senior executives from Russia’s Gazprom turned up in Libya last week to [...]
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Nigeria's decision to follow Angola's example and award the Israeli group Aeronautics Defense Systems (ADS) a contract to use Aerostar [...]
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Nigerian president Olusegun Obasanjo assigned three leading members of his economic team to new jobs on June 21. The former [...]
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Set up by managers of Gazprom who were close to Viktor Chernomyrdin, former Russian prime minister under Boris Yeltsin, the [...]
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The British junior Circle has just been awarded a license in the Rharb basin that was lengthily explored by the Cypriot company Cabre.
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Maurel & Prom, has bought out the stake of Orchard, its partner on the Sebikhotane concession in Senegal, and pulled out of Guinea Bissau.
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The U.S. giant ExxonMobil is pulling out of the Agadem license in Niger to make way for a Canadian group. Exxon had been on Agadem for over 20 years.
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The Mauritanian government wants to re-negotiate its agreement with Sterling and is looking for the least flaw in the contract that would allow it to do so.
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The British concern Dominion, which owns three concessions in Tanzania, has named former energy minister Daniel Yona to its board.
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Energy Equity Resources has teamed up with the Pan African mining firm Mwana to acquire offshore concessions. Two former leading Angolan officials figure among Mwana’s founders.
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The Angola LNG consortium, which will shortly begin building a liquefaction plant at Soya, is expected to export all of its output to the oil port of Pascagoula in which Sonangol holds a stake.
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BP announced last week that its wet gas field at [...]
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The Nigerian government last week endorsed an agreement reached last [...]
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Norsk Hydro and Sonangol Pesquisa e Producao (Sonangol P&P), the [...]
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The Lobito field operated by Chevron off the enclave of [...]
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The private, black-financed firm Tshwarisano has acquired 25% of Sasol [...]
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Although Chinese and Indian companies have a lock on contracts with Sudan’s federal government to build power plants in the [...]
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Six months after dropping Taiwan and recognizing mainland China, Senegal has signed its first major project with Beijing: a 250 MW power plant.
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Canada’s CIC Energy is poised to begin talks with South Africa’s state-owned Eskom to sell it power from a future coal-fuelled plant at Mmamabula in Botswana.
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Following a compromise reached in May between the World Bank [...]
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The World Bank last week approved a program worth $133.4 [...]
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China’s Gezhouba Water and Power Co. appears set to win [...]
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The Australian financial consultancy Resource & Capital Management, is set to help one of its oil affiliates that specializes in [...]
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The oil firm Mali Oil Development has been bought out by Canada’s Calterra Freehold Ventures controlled by the Canadian financial [...]
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Bonny Gas Transport, the transportation subsidiary of Nigeria LNG which operates the liquefaction plant at Bonny, has retained BNP Paribas [...]
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Briefly sidelined because it was considered too close to Nigerian vice president Atiku Abukar, the oil logistics firm Intels is [...]
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Namibia’s Anti-Corruption Commission has ordered an inquiry into the conditions in which the local group Namibia Liquid Fuels was awarded [...]
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Christophe de Margerie, chief of the Total group’s exploration and production division, is scheduled to take over as chief executive [...]
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Appointed vice president of Sonatrach in charge of marketing, Chawki Rahal has been replaced as boss of Sonatrach’s international operations [...]
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The French oil group Maurel & Prom's general assembly ratified the resignation of insurance broker Guillaume Verspieren and Laurent Lafon, [...]
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Former executive director of the First Bank of Nigeria, Bernard Longe was last week appointed chief of Transcorp, a company [...]
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A former head of affiliates of the China National Offshore Oil Corp and of Spain’s Repsol in Indonesia, Bill Murray [...]
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Sudan’s block 5A, which houses the Thar Jath field, began [...]
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Madagascar’s government has decided against privatizing the national power utility [...]
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Nigeria’s NNPC is in talks with the South Korean government [...]
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The U.S. firm ERHC Energy, which holds rights on most [...]
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When Nigeria's Senate blocked a move last month by president [...]
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Global Pacific Partners is organizing a week-long conference on the [...]
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The CWC Group is organizing a conference on July 12 [...]
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