The combination of financial crisis and plunge in oil prices has wreaked havoc among a number of oil companies operating in Africa: many have seen their share price nose-dive and their stock market capitalization cut in half (with the notable [.
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The only company to own a license in the future "joint development zone" between Angola and Congo south of Chevron’s [...]
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The British-Russian company TNK-BP is looking for a foothold in Libya where its leading shareholder, BP, has been operating since early this year.
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Operator of two blocks, one of which lies partly in Western Sahara, Ireland’s San Leon has floated on London’s Alternative Investment Market.
The KPMG accountancy firm has identified irregularities in the books of Societe Ivorienne de Raffinage (SIR), the state-owned concern that operates the refinery in Abidjan.
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China’s fourth-ranking oil company, Yanchang Petroleum, has acquired its first concession outside of China by teaming up with Sunpec in Madagascar.
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A Norwegian foundation is publicly encouraging Zambia to adopt a pro-active policy relating to oil exploration.
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Production on Mauritania's Chinguetti field has risen to 17,000 bpd [...]
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Malaysia's state-owned Petronas has acquired 90% of blocks 3 and [...]
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Irritated over what it sees as foot-dragging by oil companies to invest in local gas projects, Nigeria’s presidential office has [...]
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Sonatrach will be able to start delivering gas to its Spanish customers directly by gas pipeline starting from next year. The firm’s Italian clients are already supplied by the Transmed line.
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Officials from the Russian gas behemoth travelled to Malabo but little, if anything is known about the agreements it signed with the government.
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The construction of a terminal that will receive output from the Angola LNG plant has begun.
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Tunisia’s government issued a call for expression of interests on Oct. 13 in the hope of finding an investor for [...]
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The first construction contracts for the Kribi power plant have been awarded but the project is still on stand-by while waiting for concrete proposals from donors.
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The Libyan African Investment Corp (LAAICO) is bankrolling a power plant in Ivory Coast.
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Despite long months of frosty relations between Zambia and the World Bank, the institution has granted Lusaka a loan to upgrade its power grid.
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Rene Isekemanga Nkeka was appointed new oil minister of Democratic Republic of Congo on Oct. 27. He will replace Lambert [...]
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The American firm Vaalco Energy has just appointed 55-year-old Gregory Hullinger as the group’s financial director in succession to Russell [...]
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On Oct. 17, Carlos Fernandes Marques replaced Agostinho Rita as energy, natural resources and environment minister. Marques had previously been [...]
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Britain’s Aminex named David Warwick in mid-October as managing director for operations. Warwick began his career at Philipps Petroleum (now [...]
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The Ethiopian Electric Agency (EAA), the national agency that regulates [...]
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Following the discovery of the Jubilee field in 2007 - [...]
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During a visit to Borno state in north-east Nigeria on [...]
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Civil associations in the Congolese province of Ituri have come [...]
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Guinea’s mines and geology minister Lounceny Labe has put back [...]
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The winners of 15 new onshore and offshore blocks put [...]
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A month after the former president of Kellogg Brown & [...]
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Despite their very low share prices some companies have aroused [...]
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Despite the crisis, the managers of a Nigerian fund which [...]
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This association of North African financiers working in the City [...]
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According to our sources, the U.S. Amani Group lobbying concern [...]
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Founded by the present communications boss of George Brown’s government, [...]
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Isaias Afwerki, the president of Eritrea, visited Dubai in the [...]
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Ahmed Ouyahia, the Algerian prime minister, dropped in on Damascus [...]
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