Confronted with the twin dilemma of plunging prices and sagging production, Equatorial Guinea’s oil minister Gabriel Mbega Obiang Lima is fighting to limit the impact of falling revenue on his country. Indian a lifebuoy? - Obiang flew to New Delhi [.
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The billion dollars that ENI paid to Abuja for OPL 245 could well turn into a legal battle. And behind it lie the huge commissions generated by the deal.
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Sinoangol, a joint venture between state-owned Chinese and Angolan groups, is making discreet headway in Sao Tome’s offshore.
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Exxon pulled out of Madagascar in 2015 but the American government is overseeing an overhaul of the oil sector because of its enormous potential.
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Russia’s Lukoil group has made a final decision to quit Ivory Coast’s offshore despite pleas by the country’s government to [...]
Africa Energy Intelligence has learned that Yi Zhang, the managing director of Addax Petroleum (Sinopec group) has finally decided to [...]
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They may have been beaten out by their former employer, Addax Energy, for the contract to supply Tanzania with oil [...]
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Threatened by a collapse in its revenue, the Angolan government has set out timidly on the road to reforms - but with its people in charge.
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The Ivory Coast oil firm Petroci has made contact with [...]
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Due to its failure to attract new partners and raise [...]
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In announcing its withdrawal from block C-3 in Mauritania only [...]
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The American engineering group that specializes in offshore services, Oceaneering, [...]
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According to our sources, Shell’s country manager in Tanzania, Axel Knospe, learned on Jan. 27 that the mines and energy [...]
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Taking advantage of the plunge in prices, a number of big foreign gas groups seem intent on bringing Sonatrach to heel.
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Romanian businessman Frank Timis, whose mining projects have been suspended following the bankruptcy of his African Minerals and suspicion of [...]
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The local subsidiary of Britain’s Victoria Oil & Gas, Gaz du Cameroun, has landed new sales contracts as it plans [...]
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Oil was very much in the background during visits of [...]
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A recent drive by Mitchell Flegg, CEO of Circle Oil, [...]
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Having won contracts from several oil majors operating in Nigeria [...]
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After turning his hand to business, Taleb Ould Abdi Vall has succeeded in signing a big contract involving several power plants in Niger with his new Saudi partner.
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Launched nearly a year ago, the shake-up of Angola’s power branch (AEI 740) is gaining momentum. On Jan. 27 the [...]
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After two full years of talks with the Cameroonian authorities, Morocco’s Platinum Power is about to open an office in [...]
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In forming a joint venture with Nigerian tycoon Aliko Dangote [...]
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In setting up his staff, Gabon’s new energy minister, Guy [...]
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In hopes of resolving a conflict that pits a group [...]
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Mohamed Bachi, a lawyer in Algeria’s supreme court since 2002, [...]
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