As the last unexplored area in Africa, the Democratic Republic of Congo has whetted the appetite of oil companies for years, however, the country’s chronic instability and a long period of transition largely denied them access to resources.
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Out of the eight countries visited by Chinese president Hu Jintao during his second African tour in less than a [...]
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India’s oil and natural gas minister Murli Deora was received by Libyan leader Muammar Gaddafi in Tripoli on Jan. 31. [...]
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Like Indian and Chinese oil companies before them, firms from Venezuela and Iran are offering to invest heavily in building [...]
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After mulling the matter over for months, the Pentagon has finally decided to create a regional command specifically devoted to [...]
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After sizing up a number of opportunities in Africa - particularly in Democratic Republic of Congo and Tunisia - the [...]
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Three firms with almost the same names, GP Petroleum, GB Oil & Gas and GB Oil & Gas Ventures, have simultaneously started operations in Africa’s upstream.
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Several businessmen who have made their mark in mining in Africa are using their connections to develop oil projects.
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Sonatrach has disbanded Brown & Root Condor (BRC), a joint venture that linked the Algerian company to the American giant Halliburton.
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The Obasanjo government is anxious to set up a Nigerian oil services center that specializes in the deep offshore. Local firms are scrambling to join the project.
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After a setback in Guinea Bissau, the Brazilian oil company has acquired a stake in an offshore concession in Senegal.
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France was to help finance the World Bank’s oil transparency program in Congo-B but had second thoughts, forcing the Bank to bear the entire cost itself.
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With Angola about to begin construction of its Angola LNG plant, Sonangol’s re-gasification terminal in the Gulf of Mexico is on the point of being approved.
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Africa Energy Intelligence understands a well on Tilapia Deep, the [...]
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After Tanzania's AfriCommerce, the U.S. firm Richmond and Canada's Energem, [...]
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The chief executive of Exxon, Rex Tillerson, is due to [...]
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Britain’s BP group penned an agreement with Nigeria LNG (NLNG) [...]
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BP announced a new discovery on its block 31 in [...]
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According to Tanzanian president Jakaya Kikwete, the gas field discovered [...]
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The Hashoo group owned by Pakistani billionaire Sadruddin Hashwania has [...]
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The British oil explorer EurOil has opened talks with the [...]
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The departure of Germany’s Siemens group from Sudan could well be followed by the closure of other group affiliates, particularly [...]
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The International Finance Corp., private investment arm of the World Bank, is going to serve as consultant to Liberia in its bid to re-build its power sector.
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CMS and ABB have finally sold off their Moroccan power plant at Jorf Lasfar.
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The World Bank is scheduled to grant a USD 16.85 [...]
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Madagascar’s government has awarded the contract for the construction of [...]
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Like its Chinese and Indian rivals, Russia is preparing to launch a development bank to finance infrastructure in Africa in [...]
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Active in North Africa, the Russneft oil group headed by the former chief executive of Slavneft, Mikhail Guseriev, came under [...]
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Under investigation for two years for allegedly paying bribes in Nigeria, the British group Vetco pleaded guilty during a hearing [...]
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Anadarko has become the first foreign company to step publicly into the arena to complain following promulgation of new oil [...]
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With his two oil groups Equator Exploration and Mart Resources in difficult financial straits, the Canadian businessman Wade Cherwayko has [...]
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Congo-K’s new prime minister, Antoine Gizenga, has split the energy portfolio in two and appointed Lambert Mende Omalanga, member of [...]
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The Societe Generale Corporate & Investment Banking (SGCIB) concern has appointed a French-British tandem to run its natural resources and [...]
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The United Arab Emirates group TAQA which has just acquired the Jorf Lasfar power plant in Morocco, has plans to [...]
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A former spokesman for president Thabo Mbeki, Bheki Khumalo, has taken up a senior post in the South African oil [...]
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Aged 47, Andrew Inglis has been named managing director of British Petroleum and head of its exploration & production division. [...]
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Anticipating that the forthcoming deregulation of Europe’s energy markets will [...]
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Shokri Ghanem, the boss of Libya’s National Oil Corp, received [...]
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The firm China Sonangol, an affiliate of the Angolan oil [...]
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Active in the joint zone between Senegal and Guinea Bissau [...]
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The Lazard investment bank was exclusive adviser to Stratic for [...]
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The American energy group CMS was advised by JPMorgan in [...]
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The state-controlled Algerian concern Sonatrach has picked Citibank to help [...]
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Currently director of Citigroup’s operations in the United States, Jon [...]
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The firm Global Pacific Partners is organizing a conference on [...]
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Global Pacific & Partners is organizing a conference on the [...]
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CITAC is organizing the annual general assembly of the Associa-tion [...]
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