While the continuing slump in oil prices is likely to affect Africa this year the year 2002 should see a shift in the balance of power between the continent's oil producers.
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For the third time in two years, the Irish company Bula Resources has attempted to force the door in Libya's offshore by announcing agreements it hadn't yet clinched.
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In teaming up with the American oil services giant Halliburton, the Texas-based company Vanco is seeking to develop a number of fields it acquired in a high profile lobbying campaign over the past four years in Africa.
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The Spanish firm Repsol , which works alongside TotalFinaElf , [...]
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The Norwegian oil services company Stolt Offshore has teamed up [...]
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Italy’s ENEL group has joined forces with Algeria’s Sonatrach and [...]
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As Africa Energy Intelligence predicted in November, Ocean & Oil [...]
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NNLG has ordered three additional gas tankers with a capacity [...]
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Embarked on an audit of Angola's oil resources, the International Monetary Fund has voiced impatience over the lack of progress [...]
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Already active in Libya and Tunisia, the small Cypriot company Medex Petroleum is to develop a field in Algeria's Illizi basin.
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Unlike ChevronTexaco (AEI 312), ExxonMobil and Philips have turned down a profit-sharing formula that Nigerian National Petroleum Corporation sought to impose on them.
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After a six month fight between shareholders of Lone Star Energy for control of the company, the Saudi Arabian firm Dallah al Baraka has carried the day.
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The new president of Sao Tome e Principe, Fradrique de Menezes, has been working since his election in September to wriggle out of a contract signed by his predecessor with the American group ERHC.
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Africa Energy Intelligence has learned that the World Bank is [...]
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Before being indicted and then jailed for his alleged part [...]
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Badr Nasser al Khashti , the new chairman of the [...]
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The withdrawal of Electricidade de Portugal (EDP) as partner in Redal, the Rabat power company, leaves the way open for [...]
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In an unusual twist, the resignation of Portuguese prime minister Antonio Gutterres has resulted in the suspension of talks on the management of Hidroelectrica de Cahora Bassa.
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Rumors that France's Bouygues group is selling its affiliate SAUR to Germany's E.ON have been doing the rounds since early 2001. According to officials from both sides, what began as rumors are now ?talks? but have yet to become ?
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The Nigerian government is signing contracts to rehabilitate the country’s power stations in the run-up to the expected privatisation of the national utility National Electric Power Authority this year.
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In conjunction with the Mozambique Investment Promotion Center (CPI) and [...]
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On Dec. 19, the World Bank and the International Finance [...]
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The South African group Eskom Enterprises has bolstered its already-strong [...]
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Negotiations on a bid by Vivendi Environment and Morocco's One [...]
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The Spanish firm ENDESA signed an accord with Morocco's One [...]
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A former executive of Royal Dutch/Shell, Bob Allan, has replaced Michael Gustin, chairman of the Texas-based company Skidmore, as boss [...]
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The Nigerian government has chosen Tim Daniel from the London law firm DJ Freeman to represent its interests in a [...]
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Russian foreign minister Igor Ivanov carried out a five day tour of Angola and Namibia between Dec. 12-17 to speed [...]
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Former president of Brazil’s National Development Bank , Francisco Gros was named chairman of Petrobras in December in succession to [...]
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In his last press conference in 2001, Italian prime minister [...]
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The debt of Algeria’s national oil company, Sonatrach , has [...]
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Several officials from the International Monetary Fund ’s Middle East [...]
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Russia is continuing to export military hardware to Sudan, a [...]
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The World Bank has been making a lot of friendly [...]
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Ethiopia’s budget for 2002 earmarks money for 19 new power [...]
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The staff of president Olusegun Obasanjo called on the Nigerian [...]
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In presenting Equatorial Guinea’s budget for the year 2002 on [...]
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To finance its share of Amerada Hess ' exploration program [...]
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The Algerian Parliament’s adoption of fresh legislation on the distribution [...]
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Already fighting over fishing quotas, the status of the Ceuta [...]
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Royal Dutch Shell has seen its complaint against a [...]
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A 30-year prison sentence against former Congo-B president Pascal Lissouoba [...]
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IBC Global Conferences is organizing a conference in London [...]
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PGI Spearhead is organizing a conference on the oil [...]
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