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Wednesday November 25, 2009
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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

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  • Nigeria 's crude oil production hits record 2.4 million bpd 16 Nov 2009 11:16 GMT
    ... ...

  • Crude Oil Drops Below $76 as Weaker US Growth May Cut Demand 25 Nov 2009 06:16 GMT
    ... In the medium, long term we’re supported.” Crude oil for January delivery traded at $76.21 a ... the amount of supply in the market, Nigerian Petroleum Minister said yesterday. The African country was OPEC’s eighth-biggest producer in October, ...

  • Global crude oil production to soar by 2015 25 Nov 2009 14:30 GMT
    ... Global offshore crude oil production is expected to rise to 9.852 million barrels ... the US Gulf of Mexico (USGOM), West Africa, Brazil and Asia Pacific. The offshore drilling ...

  • Big Oil Fights for Nigeria 25 Nov 2009 20:57 GMT
    ... that you buy NEXT. Long a key provider of light, sweet crude from the African continent, Nigeria is suddenly the increased focus of many of the world's Big Oil companies as they try to ...

  • Nigeria renews three ExxonMobil oil licences 22 Nov 2009 20:12 GMT
    ... Reuters Nigeria on Friday renewed three shallow water oil ... seeking to gain a stronger foothold in Africa’s top energy industry. Chinese state energy firm ... to buy 6 billion barrels of Nigeria’s crude oil reserves and that Nigeria could sell its ...

  • 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 ...

  • ANALYSIS-Projects, easing tensions to lift Africa oil production 25 Nov 2009 15:30 GMT
    ... ANALYSIS-Projects, easing tensions to lift Africa oil production (Repeats to additional subscribers, no change ... tensions continue to ease in heavyweight supplier Nigeria. The outlook raises the continent's already high ... said Ghazvinian. For a table of Africa's crude oil output projections, click on [ID:nGEE5AN1I5] For a ...

  • Africa-China Relationship: Gains So Far 17 Nov 2009 14:55 GMT
    ... a long involvement with Ghana and other African countries, dating back to the early days ... medicine. Recently, THISDAY, a private newspaper in Nigeria, reported that the trade level between China ... The pattern is the same elsewhere. In Zambia, China has invested nearly $170 million in ...

  • African Markets - Factors to watch on Nov 20 20 Nov 2009 07:20 GMT
    ... JOHANNESBURG, Nov 19 (Reuters) - South African stocks followed global markets down on Thursday, ... news on all African stock click on NIGERIAN BUDGET Nigeria's president on Thursday asked the ... Ocean island next year, official data showed. ZAMBIA OIL Zambia's finance minister said on Thursday the ...

  • African Markets - Factors to watch on Nov 19 19 Nov 2009 06:50 GMT
    ... market moves and political events may affect African markets on Thursday. - - - - ... news on all African stock click on NIGERIAN BUDGET President Umaru Yar'Adua is expected to ... critics of policies that ruined the economy. ZAMBIA OIL Zambia selected seven of eight foreign and ...

  • African Markets - Factors to watch on Nov 25 25 Nov 2009 06:10 GMT
    ... market moves and political events may affect African markets on Wednesday. - - - - ... news on all African stock click on NIGERIAN STOCKS Nigeria's all-share index fell for the ... metals report click on For the latest crude oil report click on Keywords: MARKETS AFRICA FACTORS/ ...

  • Nigerian Army Says Insecurity in Niger Delta is Over 22 Nov 2009 00:54 GMT
    ... Nigerian Army Says Insecurity in Niger Delta is ... fighting in the region that has cost Africa's top oil exporter billions of dollars in ... a network of criminal gangs involved in crude oil theft in the Niger Delta remains unchanged. ...

  • Pacific Asia Petroleum, Inc. Signs Purchase and Sale Agreement Covering Rights in the Oyo Oilfield in Nigeria 23 Nov 2009 14:11 GMT
    ... located approximately 75 miles off the Southern Nigerian coast in deep-water. Operation of the Oyo ... interests in the exploration and production of crude oil and natural gas in West Africa and South America energy properties, engineering and consulting ...

  • Nigerian Military Pursues Oil Thieves in Niger Delta 16 Nov 2009 19:10 GMT
    ... Nigeria's army says it will continue to beef ... Niger Delta to forestall illegal lifting of crude oil. Suspected oil thieves have increased attacks on ...

  • Zambia may shut sole refinery, rely on fuel imports 19 Nov 2009 16:14 GMT
    ... Zambia may shut sole refinery, rely on fuel ... finance minister said on Thursday the southern African country was considering shutting down its sole ... capacity, gets through 90 000 t of crude oil every 45 days, according to company data. ...


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