Spotlight | Equatorial Guinea
New Bank Battle Shaping Up
It was to have been the year's biggest operation on the rather lacklustre market for oil-backed loans in Africa.
It was to have been the year's biggest operation on the rather lacklustre market for oil-backed loans in Africa.
In addition to the withdrawal of state-owned GEPetrol (see P. 1), other developments are brewing concerning Marathon's project to build [...]
Despite increasing moves by the IMF to monitor the way governments use oil revenue the World Bank has refused to stop financing oil projects.
Apart from a number of well-known figures on the international scene, the list of people and companies that benefited from the sale of Iraqi oil included a lot of African firms.
British Petroleum has failed in its bid to increase the recovery rate on the Rhourde ElBaguel field, one of the biggest in the country.
As a new Spanish company prepares to join the Medgaz project, Paris is fighting to get the pipeline extended to France.
An inquiry by the Justice Department on commissions paid in the Nigeria LNG contract could thwart Halliburton's expansion plans in Nigeria.
After making its debut in Nigeria and Cameroon, the Addax trading company has acquired acreage in Ghana alongside its partner Tullow.
Chinese president Hu Jintao's visit to Libreville last week gave rise to two contracts between the Chinese refining company Sinopec and Gabon's government.
Odex, Premier Oil, Sinopec, DiamondWorks and Agip all put in bids in a licensing round in Congo-B that was staged in September.
After a long tussle with the World Bank and an audit which showed that Jiro Sy Rano Malagasy (Jirama) is [...]
The German consultancy Lahmeyer, which has just won the management contract for Rwanda's Electrogaz, wants to supply the company with gas from Lake Kivu.
NEPA is stepping up pressure on oil companies to see they carry through with their projects to build power plants. Its aim is to put paid to contracts linking Nigeria to providers of emergency supplies.
Zimbabwe's leading power suppliers, South Africa's Eskom and HCB in Mozambique, want to halt deliveries to the country.
The prospect of American companies quickly returning to Libya has spurred Tripoli's other partners to take action. For instance, Italian [...]
A misunderstanding between Madrid and Malabo last week over Spain's decision to send frigates to the island underlines the growing [...]
Although it began as a purely commercial affair, Engen's sale of a majority stake in Energy Africa has taken on [...]
At the outset, Angola's presidential election was to be held this year and the country's current leader, Jose Eduardo dos [...]
Once the Societe National des Petroles du Congo (SNPC) is transformed into a holding company with seven distinct branches, as [...]
Up to now director of SchlumbergerSema, the consulting and information technology arm of the Schlumberger group, Thierry Pilenko has been [...]
Former American ambassador to Kuwait and presently the State Department's principal deputy assistant secretary for the Near East, James Larocco [...]
Previously vice-president in charge of marketing, James ?Rod? Clark has taken over the helm at Baker Hugues by replacing both [...]
Founder and CEO of the British junior Dana Petroleum, Charles Smith, former head of West African operations for Gulf Oil, [...]
The package put together by Deutsche Bank to lend cash to Equatorial Guinea, and which was frozen by Malabo last [...]
The formula appears to have caught on. Last year the creditors of Congo-Brazzaville banded together in a club under the [...]
Sudanese finance minister Mustapha Ismail announced at the end of January that the United Kingdom had promised to write off [...]
After contracting two oil-backed loans in 2003, Sonangol is preparing a new operation for this year, according to AEI's sources. [...]
As Africa Energy Intelligence anticipated in December (AEI 359), Portugal plans to sell its stake in Hidroelectrica Cahora Bassa (HCB), [...]
Global Pacific & Partners is organizing a forum at the [...]
The CWC Group is organizing a conference in London on [...]
As a prelude to its theoretical privatization, Nigeria's National Electric [...]
Fabricom, an affiliate of Tractebel, the oil and power branch [...]
The Nigeria Engineer Technology Company, the oil services affiliate of [...]
Morocco's Office National d'Electricite announced at a board meeting in [...]
After specializing for long years on North Africa and particularly [...]
Announced last summer, Sonatrach's wide-ranging plan to update its management [...]
Specializing in mergers and acquisitions in the oil industry, the [...]