The instability that still plagues Iraq some 18 months after the fall of Saddam Hussein in the spring of 2003 is prompting oil companies to shun the country for fear they wouldn't be able to actually operate there for years.
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Africa Energy Intelligence has learned that Australia's ROC Oil has acquired Force Petroleum's 40% stake on the Cabinda South onshore [...]
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Out of the eight concessions awarded by Sonatrach at the end of July, three were handed to Chinese groups, confirming Beijing's determination to bolster its position in Algeria.
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Its close ties with Sonatrach undoubtedly helped Norway's Statoil to win some promising acreage under the noses of better-established rivals in the country.
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State-owned Sonatrach is seeking greater involvement in the Camisea project in Peru and wants to find an American partner with a LNG terminal.
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A leading backer of the Doba oil field project, the World Bank is poised to lend fresh cash to Chad to avoid a collapse of its efforts to build institutions.
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Despite doing everything in his power to counter such an outcome, president Olusegun Obasanjo seems resigned to selling oil refineries to Libya.
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Two newcomers appeared in July in Madagascar's offshore, long the stamping ground of just one company, Vanco.
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Although moves to mount it began in January, Sonangol's latest oil-back loan project, dubbed Esperanca, was signed only in mid-August. It ran into a number of last-minute obstacles.
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Despite its touchy relations with Luanda, France's Total was finally given a green light to develop the third satellite of Girassol, but didn't get all that it wanted.
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A contract for the construction of a sixth liquefaction train [...]
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Chad is seeking a new partner for Societe Tchadienne d'Eau et d'Electricite (STEE) following a final break with Vivendi this [...]
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The World Bank has issued a three-year ban on the consultancy Acres from participating in its projects. The Lesotho appeals court rejected an appeal by the firm against a conviction for corruption. Other bans could follow.
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A project to produce power from gas from the Songo Songo field finally went into the production phase in late July. It did so solely on the strength of loans from the World Bank.
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The signing of a final investment decision on the West [...]
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Hungry for crude, China was the favorite destination of African oil executives and government officials this summer. Manuel Vicente, chairman [...]
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In the wake of its lightning-quick reconciliation with the United States, Libya has become one of Washington's favorite Arab countries [...]
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An abortive putsch that was revealed by Mauritanian defense minister Baba Ould Sidi on Aug. 10 triggered a week-long freeze [...]
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By awarding a huge exploration contract in the Mediterranean to three Australian companies early this month, Morocco seemed intent on [...]
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Locked in a diplomatic tussle with the United States concerning the conflict in Darfur which has sent thousands of refugees [...]
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OilInvest, an affiliate of the state-owned Libyan company that invests Libya's oil receipts abroad, the Libyan Foreign Investment Company (LAFICO), [...]
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In a new stage in Congo-B's long campaign to persuade the Paris Club to roll over its debt, talks between [...]
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The Nigerian government has adopted a number of tax sweeteners to stimulate investment in Nigeria's power sector just as the [...]
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The Securities & Exchange Commission has kicked off an investigation into the links between ChevronTexaco, ExxonMobil, Devon, Amerada Hess and [...]
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France's Total made major changes in its Africa department in early August, naming three new country managers on the continent. [...]
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Having worked in Nigeria for less than a year, Chris Finlayson will take over from Brian Ward in October as [...]
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Head of operations for ENI in Nigeria for the past two years, Andrea Forzoni is leaving his job to become [...]
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Former head of BP Indonesia, the American national Bill Schrader will be taking over from Joe Bryant as boss of [...]
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Energy minister and wife of South Africa's chief prosecutor, Bulelani Ngcuka, Phumzile Mlambo-Ngcuka has emerged from a bruising affair that [...]
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Following publication of a Who's Who concerning him (AEI 373), Robert Armao, founder of the U.S.-Libya Trade and Economic Council, [...]
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The U.S. oil firm Amerada Hess has boosted its production [...]
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Africa Energy Intelligence understands that Sonatrach's exports of LNG on [...]
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The National Petroleum Corporation of Namibia (NAMCOR) has signed an [...]
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Holding a 50% stake in the Indeni refinery (the other [...]
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Targeted by several probes instigated by the Nigerian government, the [...]
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Founded less than a year ago by Randa Fahmy Hudome, [...]
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Already adviser to two Nigerian oil operators who own marginal [...]
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Global Pacific Partners is organizing the 11th Africa Upstream conference [...]
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