Often portrayed in the midst of the credit crisis as a hunting ground for sovereign funds in the Gulf, Africa can boast that it possesses an institution with the firepower of a state fund: Angola’s Sonangol.
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Africa Energy Intelligence has learned that H Oil, a firm owned by Jacques Hachuel and his son Alvaro, is currently [...]
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Already owning drilling rigs that cost so much to oil companies, oil service firms have begun to explore on their own behalf.
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Acquiring an oil license in Western Sahara has always been a highly risky investment. A risk that’s too expensive in view of the global financial crisis.
The Malaysian company would like to extend the exploration period of blocks it acquired from Woodside beyond the expiry date in 2009.
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The Mauritanian authorities have just withdrawn the exploration contracts of three juniors which didn’t meet their commitments.
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The China National Petroleum Corporation is building a refinery at Zinder in Niger but also to the north of N’Djamena.
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Tycoon Sani Bello could sell off some of his oil assets or even dispose of his firm Amni International Petroleum.
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The Nigerian training center Petroleum Technology Institute plans to open [...]
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Saipem, the oil services affiliate of Italian major ENI, has [...]
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Africa Energy Intelligence has learned that the Agence National de Valorisation des Ressources en Hydrocarbures (Alnaft) is expected to shortly [...]
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The Algerian government is relentlessly turning up the heat on gas operators to get the best possible financial conditions.
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South Africa’s Sasol has just made a new gas discovery in Mozambique’s offshore where it already works the Pande and Temane fields.
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Hit by the financial crisis, the Russian gas giant Gazprom [...]
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The East- 1B assessment well drilled by Malaysia's Petronas and [...]
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Senegal’s energy minister, Samuel Sarr, has just announced an overhaul of the national utility Senelec. After several abortive attempts to [...]
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Tunisia needs only to link up with Libya for a symbolic project to establish a power loop between Europe and North Africa to be completed.
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Zambia’s government is determined to see that a project for a new dam on the Zambezi river goes through despite the high cost.
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The electricity and maintenance affiliate of France's Bouygues Construction, ETDE, [...]
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A new, 15-year service contract between the American firm GE [...]
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Benamar Zenasni has just been named vice president in charge of pipelines at the national oil and gas company Sonatrach. [...]
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On Nov. 14, Ali Fassi Fihri was named managing director of Morocco’s Office Nationale d’Electricite (ONE). Holding a PhD in [...]
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On Nov. 11, Cristina Maria Fernandes Dias was appointed energy and mines minister in Sao Tome y Principe’s government. She [...]
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The equity fund Abu Dhabi National Energy Co (TAQA) has just appointed Osafo Adjei as general manager of its operations [...]
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In mid-November, the Sudan National Petroleum Corp. (Sudapet) cancelled the [...]
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Russian natural resources minister Yuri Trutnev arrived in Durban on [...]
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Sao Tome y Principe foreign minister Carlos Alberto Pires Tiny [...]
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The first round of bargaining on a partnership - including [...]
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The Senegalese authorities are irate over the way that Guinea [...]
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Congo-K’s new oil minister, Rene Isekemanga Nkeka, met with the [...]
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During a trip to Nigeria in mid-November, Uganda president Yoweri [...]
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Having seen its share price plunge five-fold since June, the [...]
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The International Finance Corp., private investment arm of the World [...]
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A USD 196 million loan from the Islamic Development Bank [...]
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On the eve of its AGM, which was held on [...]
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The African Development Bank (ADB) has just awarded a USD [...]
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The Czech consultancy Poyry Environment has just completed a pre-feasibility [...]
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The British bank is advising Tamoil Africa Holdings on bankrolling [...]
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On the strength of its experience in hydro power projects, [...]
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George Maxwell Richards, president of Trinidad and Tobago, was received [...]
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Hossein Shiekholeslam, the deputy Iranian foreign minister, met in mid [...]
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Thomas Bevuma, a Zimbabwean diplomat, visited Venezuela's capital in mid-November [...]
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