Spotlight | Africa
How China's Sinopec Makes its Way
In the space of a few months and with a leg-up from China's leadership, the refining company Sinopec has made its mark in the Gulf of Guinea...
In the space of a few months and with a leg-up from China's leadership, the refining company Sinopec has made its mark in the Gulf of Guinea...
AEI sources say the U.S. independent Grynberg Petroleum, which has held a gigantic, 13.7 million acre concession along the border [...]
A partner of DiamondWorks, the small Canadian firm Gulf of Guinea Petroleum is staffed by men long versed in exploring for oil in Africa.
South Africa's state-owned utility Eskom has just sealed a strategic alliance with MagEnergy, an affiliate of the MagAlloys mining company, to supply its operations in Congo-B with power from the Inga dam in Democratic Republic of Congo.
Highly reticent about the idea at first, the governments of Gabon and Equatorial Guinea now seem resigned to submitting their [...]
A trading contract awarded in January to DiamondWorks was cancelled by Sao Tome's government at a cabinet meeting last week. [...]
Congo-B's debt to Societe Nationale d'Electricite (SNEL) in neighboring Democratic Republic of Congo amounts to nearly $35 million and largely [...]
A move by Total last year to transfer the Likoula field to Congo-B reportedly enabled Brazzaville to mount a loan [...]
The African Development Bank will shortly issue an invitation to tender for a feasibility study next year on an interconnection [...]
Cameroon's government has retained a consultancy to suggest scenarios for [...]
Revelations by the Baghdad daily Al Mada on traders who gained from contracts with Iraq are continuing to make waves in Africa.
Following the flap over RoyalDutch/Shell's over-estimate of oil reserves, the group's chairman, Philip Watts, and its exploration and production boss, [...]
Canada's DiamondWorks which is pulling out all the stops to bolster its position in Africa's oil industry, has just hired [...]
General Charles Wald, deputy commander of U.S. forces in Europe, carried out a tour of the Gulf of Guinea in [...]
A company specializing in developing stranded gas reserves, Syntroleum, has [...]
In the process of becoming a specialist in oil investigations, [...]
Canada's CHC Helicopter Corporation that specializes in serving the oil [...]
Set up in 2001, a joint venture between Soco International and Oilinvest will shortly start negotiating its debut in Libya's offshore.
Without waiting for U.S. companies to return to their old stamping grounds, the European firms Repsol and OMV are negotiating for new licenses in conjunction with Wintershall.
NOC would like to take advantage of the expected return of U.S. oil companies to make up for lost time in gas projects.
Following the Lone Star debacle, Morocco finds itself once again playing host to Texan independents.
Prime minister Shukri Ghanem's bid to gain ascendancy over Libya's oil industry, initiated last year, gathered steam last week with [...]
Taking advantage of the gradual restoration of diplomatic relations between Libya and the United States, several Congressmen are positioning themselves [...]
Sonatrach and Sonelgaz used a special purpose vehicle dubbed Shariket Kahraba Skikda to put together funding for the 823 MW [...]
Algerian energy minister Chakib Khelil made a special effort during [...]
One of Sonatrach's favorite law firms, the Paris branch of [...]
in Libya
An unknown financial firm based in Las Vegas, 8 Investments, acquired an oil concession in Sierra Leone's offshore last summer. Here are some details about the company.
As the Senegalese government's unofficial adviser in the power sector, the World Bank is discreetly preparing two loans to enable [...]
The International Finance Corp., private investment arm of the World Bank, is going to invest nearly $60 million in converting the Takoradi power station.
ExxonMobil Nigeria, headed by Mike Fry, has just promoted a number of Nigerian executives, among them Wilfred Belonwu who was [...]
Director of GEPetrol since it was formed in 2001, Domingo Mba Esono lost his job following the dust-up between Equatorial [...]
The investigation that French authorities launched into commissions paid in the NLNG contract depends on the outcome of a request [...]
RoyalDutch/Shell has just increased production at its Forcados complex from [...]
While waiting for the West African Gas Pipeline to materialize, [...]
Officially to improve its productivity, the National Electric Power Authority [...]
After splitting the former Societe de l'Eau et de l'Electricite [...]
The Kaduna refinery began operating again in early April after [...]
According to our sources, the freeze on a $400 million [...]
The CWC Group is organizing a conference at the Nicon [...]
To help it raise funds for its Songo Songo project, Pan Ocean plans to unbundle its Tanzanian operations which are to be managed by a separate firm.
After making several efforts over the past four years to break into Sudan's offshore, the Romanian authorities received Sudanese energy [...]
The Japan Bank for International Cooperation (JBIC) has finally agreed [...]
French groups are signing contracts here and there in Sudan's [...]
Underway since late last year, the sale of Engen's stake in Energy Africa has entered a critical phase.
With Angola already looking around for banks to put together its next oil-backed loan (see P. 1 in our last [...]
ExxonMobil has made a 17th find on block 15, named [...]
The leading producer in Angola, ChevronTexaco, is planning a major [...]