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Africa Crude Oil News is an EIN News Service for energy industry professionals. Constantly updated news and information about Africa Energy.
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Latest Africa Crude Oil News

  • Deep ocean census finds jumbo Dumbo and oil-drilling worms 24 Nov 2009 06:54 GMT
    ... the Gulf of Mexico, only to find crude oil streaming from both the animal and the open hole. ... 34 nations - including Russia, Brazil, South Africa and Uruguay - have been working on ...

  • African Markets - Factors to watch on Nov 24 24 Nov 2009 06:10 GMT
    ... market moves and political events may affect African markets on Tuesday. - - - - ... news on all African stock click on NIGERIAN STOCKS Nigeria's all-share index shed 0.58 percent ... metals report click on For the latest crude oil report click on Keywords: MARKETS AFRICA FACTORS/ ...

  • Deep Sea World Beyond Sunlight 24 Nov 2009 04:33 GMT
    ... a scientific collaboration between Russia, Brazil, South Africa and Uruguay. Each voyage is hugely expensive ... a hole in the Gulf floor, however, crude oil streamed from both the animal and the open hole. ...

  • Petrol Subsidy is a Waste of Resources - Obi [interview] 24 Nov 2009 04:32 GMT
    ... problems actually facing the downstream sector of Nigeria oil industry at the moment? After decades ... meltdown, the crash in commodity prices including crude oil and resultant reduced revenues accruing to Nigeria ... we lose our position to Angola as Africa's largest producer of crude oil, we now ...

  • Stocks Gain Around World on Growth Outlook as Dollar, Yen Drop 23 Nov 2009 22:55 GMT
    ... boosted bullion’s appeal as an alternative asset. Crude oil was little changed after failing to break through resistance at ... the lowest level since August 2008. South Africa’s rand was the biggest winner versus the ...

  • Apache Corp. Chooses Lawson's Software Solutions 23 Nov 2009 20:32 GMT
    ... Lawson Software announced that Apache Corporation has signed ... explores for, develops and produces natural gas, crude oil and natural gas liquids. It has operations ... U.S., Canada, the United Kingdom North Sea, Egypt, Australia and Argentina. With more than 3,000 ...

  • CAMAC Signs Purchase and Sale Agreement on Oyo Oilfield With Pacific Asia Petroleum 23 Nov 2009 20:30 GMT
    ... CAMAC Signs Purchase and Sale Agreement on Oyo Oilfield ... subsidiaries Allied Energy Plc and CAMAC International (Nigeria) Limited, will sell to PAP all of ... prices of, demand for and supply of crude oil and natural gas; actions of competitors; results ...

  • NNPC, Rivers government to resuscitate Obigbo gas plant 23 Nov 2009 19:53 GMT
    ... ABUJA - The Nigerian National Petroleum Corporation (NNPC) and the Rivers ... which has helped Nigeria’s total production of crude oil and condensate to hit 2.4million barrel per ...

  • The Best Energy Investments in the World 23 Nov 2009 19:43 GMT
    ... in politically unstable countries like Iran, Iraq, Libya. These countries are fully aware of the ... and economic muscle in places such as Africa, Venezuela, and Bolivia. These countries potentially hold ... track record for profiting in resources like crude oil, natural gas, and uranium is unmatched in ...

  • ONE ON ONE: African Development Bank seeks capital infusion 23 Nov 2009 18:13 GMT
    ... It’s not rare for the words Africa and development to be heard in the ... Regional Director Jacob Kolster told Daily News Egypt. Over the past year, “financial markets have ... African countries, and this includes Egypt, Morocco, Tunisia. “This is where we function as a ...

  • Stocks, Commodities Gain on Growth Outlook; Dollar, Yen Decline 23 Nov 2009 17:34 GMT
    ... $3.204. Nickel, zinc and tin also gained. Crude oil jumped 3.4 percent to $79.33 a barrel in New York ... the lowest level since August 2008. South Africa’s rand was the biggest winner versus the ...

  • Commodity rally sees JSE end higher 23 Nov 2009 17:24 GMT
    ... by its energy and materials sectors as crude oil futures climbed above $79 a barrel and metals futures ... 81 cents, or 2.76%, to R30.16. Microlender African Bank Investments Limited on Monday reported an ...

  • CAMAC Energy sells Oyo Oilfield interest to Pacific Asia 23 Nov 2009 17:23 GMT
    ... has agreed to sell its interest in a production ... owned by The Oyo Oilfield, located offshore Nigeria, is in the final preparation stage for ... interests in the exploration and production of crude oil and natural gas. ...

  • Green Ink: Oil Fundamentals, Copenhagen Hopes, and Chinese IPOs 23 Nov 2009 16:55 GMT
    ... Crude oil futures rose above $78 a barrel on Iranian military exercises ... drive crude up forever, More oil in Africa: Eni will spend $1.5 billion for a ...

  • Deep-Sea World Beyond Sunlight: Explorers Census 17,650 Ocean Species on Edge of Black Abyss 23 Nov 2009 16:30 GMT
    ... a scientific collaboration between Russia, Brazil, South Africa and Uruguay. Each voyage is hugely expensive ... a hole in the Gulf floor, however, crude oil streamed from both the animal and the open hole. ...


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