Taking advantage of the slight rise in the oil price, Kosmos, Heritage and Addax have put their best African assets on the auction block. The three independents didn't want to sell when the price hit a low and now want [.
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Widespread relief greeted the announcement that Okokrim, Norway’s financial police, had dropped an investigation into bribes paid by Statoil ASA [...]
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France’s Total and Sonatrach are engaged in complicated talks on their respective shares in a huge petrochemical project in Arzew.
The state-run Algerian oil company Sonatrach has just awarded France’s [...]
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Algerian energy and mines minister Chakib Khelil was in Buenos [...]
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A personality in South Sudan, David de Chand, has just formed a company to import oil products even though exclusive rights have already been awarded.
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Financial experts from the Tanzanian Electricity Supply Company (Tanesco) met [...]
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During his four day trip to Iran between May 15-19, [...]
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The Kuwait Fund for Arab Economic Development has just granted [...]
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The European Investment Bank is thinking of granting a EUR [...]
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David Munene Mwangi, research director of the Kenya Power & [...]
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The Canadian firm Vangold is expected to shortly sign a PSA with Rwanda concerning Lake Kivu but no talks have been held with Congo-K.
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With Chad president Deby preoccupied with a rebellion, Cameroon’s president has stepped forward to ask for higher transit fees on the pipeline carrying Chad’s oil.
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Construction of gas pipelines to supply the Angola LNG plant has just begun even though no transit agreement has yet been reached with Congo-K.
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Five oil companies operating in Democratic Republic of Congo (Perenco, [...]
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Congo-K's energy minister, Laurent Muzangisa, stated in mid May that [...]
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Joseph Kabila, president of DRC, has inaugurated the start of [...]
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Operator of 10 blocks in Namibia, Chariot Oil & Gas has sold 50% of one of its holdings in Namibia’s offshore to the state-owned Brazilian group Petrobras.
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Tehran’s state-owned Petropars has been seeking acreage in Africa for some months. It has now made its first investment in Angola.
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A standoff between safari operators in Eastern Cape and the junior Bundu Gas & Oil has taken a more angry turn.
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The South African utility Eskom has just been granted a USD 74 million loan by a syndicate of European banks [...]
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Shrugging off protests from ecological organizations, China is offering to finance a huge dam on the Zambezi river.
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The new board of the Zambia Electricity Supply Corp (ZESCO) was appointed in early May, with Songowayo Zyambo as its [...]
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A long-standing figure in the Black Economic Empowerment (BEE) movement, Bheki Khumalo, has been appointed spokesman for South Africa’s new [...]
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Zambian president Rupiah Banda formally set up a Petroleum Committee [...]
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Lacking the wherewithal to honor the bonds it issued, Canada’s [...]
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A consortium made up of South Africa’s Standard Bank and [...]
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Given the cold shoulder by the Equatorial Guinea authorities for the past year (AEI 467), the U.S. group ExxonMobil, which [...]
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Now that the European Union has backed out, the World Bank is forced to reduce the scope of the Felou dam project.
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A former minister under president Jerry Rawlings, Ato Ahwoi was named chief executive of the Ghana National Petroleum Co (GNPC) [...]
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The project for a Trans Saharan Gas Pipeline (TSGP) championed [...]
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French prime minister Francois Fillon was in Nigeria on May [...]
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Commissioned to begin work in October, 2007, with funding from [...]
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The private Nigerian company Oando has just landed a USD [...]
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Although Royal/Dutch Shell and France’s Total have announced their readiness [...]
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The American company Noble Energy announced in mid May that David Stover had been appointed president of the company. Stover, [...]
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An adviser to several oil groups active in Africa, Peter [...]
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A Washington-based lobbyist active on many fronts, David Goldwyn, could [...]
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A financial consultancy, Tristone Capital, is advising the struggling Canadian [...]
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Tim O’Hanlon, vice president in charge of Tullow Oil’s African [...]
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