Lacking access to international banking circuits because of their functions, African presidents and government ministers often entrust oil companies with managing their personal assets. With easy access to capital markets, oil executives can open accounts, transfer money and make purchases, [.
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RoyalDutch/Shell is selling off its assets with extreme care in order to avoid giving the impression of pulling out of [...]
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The blocks 8 and 9 have been bought and sold four times since 2004 and always by firms controlled by Frank Timis. The latest newcomer is Australia’s Global Iron.
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The government wants to introduce a system to fight against trafficking in stolen fuel.
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The Russian behemoth has been negotiating for acreage in Africa since last November. An agreement appears imminent in Equatorial Guinea.
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On the verge of debuting in Uganda, the French group is already thinking of the next step.
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After an abortive visit by the chief executive of ENI who left Congo-K without a contract last August the government is trying to make up for the rebuff.
Since February 1 two new companies have been awarded exploration [...]
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According to our sources, Guinea's mines and energy minister Mahmoud [...]
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To clearly separate its mining operations from its oil interests, [...]
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French president Nicolas Sarkozy’s latest trip to Corsica on Feb. 2 gave him an occasion to announce that the future [...]
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The highly political investigation into allegations of corruption at Sonatrach has turned a spotlight on links between former CEO Mohamed Meziane and Italy’s Saipem.
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The technical hitches that have dogged the West African Gas Pipeline are going to be paid for by consumers and not the operators.
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Before he was clapped behind bars at the Serkadji jail [...]
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French president Nicolas Sarkozy’s stopover in Kigali in late February to mark the resumption of diplomatic relations (broken between 2006 [...]
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One of the turbines at the Inga 2 dam was restored to working condition in December but cracks in the dam stir fears it might burst.
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With economic growth finally picking up in Harare, Zimbabwe’s regional relations are improving and raise the prospect of joint energy projects.
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The 420 MW Gilgel Gibe 2 dam that was inaugurated [...]
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Exploration director at Maurel & Prom since 2001, Daniel Pelerin is expected to soon announce he is retiring, according to [...]
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The Canadian group Canoel International Energy appointed Guglielmo Moscato, former chairman of the board of the Italian major ENI, to [...]
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The dismissal of Harry Greaves, boss of the Liberia Petroleum Refining Co (LPRC) in September on suspicion of corruption left [...]
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The British firm Cove Energy has taken on a specialist in exploration in Tanzania, recruiting Australian geologist Stephen Staley in [...]
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A cabinet reshuffle in Angola on February 3 worked to the advantage of energy minister Emmanuela Viera Lopes who was [...]
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Ghana's Parliament will shortly mull a new oil law that [...]
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An energy agreement allowing Warsaw to diversify its sources of [...]
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The managing director of Congo-K's Societe Nationale d’Electricite (SNEL), Yengo [...]
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Nigeria's new acting president Goodluck Jonathan, who replaced Umaru YarAdua [...]
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On February 2 the chief executive of the Nigerian National [...]
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Many believe the referendum on self-rule for South Sudan in [...]
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On Feb. 11, South African president Jacob Zuma told Parliament [...]
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Africa Energy Intelligence understands the Switzerland-based trader Vitol has been [...]
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The Islamic Development Bank (IDB) has just granted a USD [...]
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The vice president of the European Investment Bank (EIB) in [...]
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The state-owned power company Eskom has decided to sell off [...]
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The South African law firm Webber Wentzel recently responded to [...]
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The British engineering consultancy is working to build up its [...]
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Already present in Pakistan, the Polish oil services concern Oil [...]
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Jimmy Carter, the former American president, seized the occasion of [...]
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John Lipsky, the deputy director of the International Monetary Fund [...]
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Andrei Sapozhnikov, the vice president of the private Russian company [...]
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