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Wednesday November 4, 2009
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Africa Oil & Gas News is an EIN News Service for energy industry professionals. Constantly updated news and information about Africa Energy.
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Latest Africa Oil & Gas News

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  • WTI is losing its glitter as a global oil price measure 4 Nov 2009 02:50 GMT
    ... is losing its glitter as a global oil price measure Published: November 4 2009 02:00 | ... role as an accurate reflection of global oil prices. Critically, the move is a sign that ... in the Americas, Brent in Europe and Africa, and Dubai and Oman in the Middle ...

  • Afren Updates on Ebok Development Plans Offshore Nigeria 4 Nov 2009 00:13 GMT
    ... OML 115 and Okwok (Click to Enlarge) Afren and ... appraisal well has encountered 182ft of gross oil pay in the D1 reservoir and 84 ... Ebok Phase 1a FDP approval received from Nigeria’s Department of Petroleum Resources The development plan ...

  • The story of gas (5) 4 Nov 2009 00:13 GMT
    ... Still, it is natural gas from Central Asia ... states, Russia and -- more distantly -- Egypt, Turkey is uniquely well situated to control ... part in the construction of the Trans-Anatolian oil pipeline to connect Samsun in northern Turkey ...

  • Taking a cue from IMF's economic projections for 2009 4 Nov 2009 01:11 GMT
    ... … Growth outlook warrants supportive fiscal stance Last week, ... board concluded its Article IV consultation with Nigeria, noting that there is a lot of ... to the Fund, the substantial cushion of oil savings and foreign reserves built up when ...

  • Pioneer Natural Resources Reports Wider Q3 Loss 4 Nov 2009 01:55 GMT
    ... third quarter, primarily from a drop in oil prices and a non-cash unrealized loss on ... the gas plant maintenance shutdown in South Africa and gas pipeline repairs and planned lifting schedule in Tunisia. Scott Sheffield, chairman and chief executive officer, ...

  • CNPC begins work on oil port in Myanmar 4 Nov 2009 02:52 GMT
    ... The southwest pipeline, along with other oil pipelines that go through China's northwest and northeast, ... 2008 were from the Middle East and Africa, and most cargo was shipped via the ...

  • CNPC begins work on Myanmar oil port 4 Nov 2009 03:33 GMT
    ... The southwest pipeline, along with other oil pipelines that go through China's northwest and northeast, ... 2008 were from the Middle East and Africa, and most cargo was shipped via the ...

  • ERHC Schedules Drilling Campaign for Five JDZ Wells 4 Nov 2009 04:32 GMT
    ... Sopuruchi Onwuka — Houston-based ERHC has declared intention ... to enter its concession to drill five oil wells in the Nigeria-Sao Tome and Principe Joint Development Zone (JDZ) ...

  • Randgold mines a rich seam and outperforms sector 4 Nov 2009 02:33 GMT
    ... clinic boost , which operates in the African healthcare sector, advanced amid speculation of an ... cent to 87p after the Africa- focused oil and gas explorer issued a positive update on its ...

  • AMI jumps on clinic boost 4 Nov 2009 03:31 GMT
    ... 2009 02:00 , which operates in the African healthcare sector, advanced amid speculation of an ... per cent to 87p after the Africafocused oil and gas explorer issued a positive update on its ...

  • Opportunities and challenges 4 Nov 2009 04:32 GMT
    ... additional tourism that will come to Southern Africa due to the 2010 FIFA World Cup. ... looking to exploit opportunities in the country’s oil and gas, agriculture and minerals sectors. These companies are ...

  • Deregulation - Sharp Practices, Bickering Rule Fuel Market 4 Nov 2009 04:32 GMT
    ... Sopuruchi Onwuka — Last weekend, the features feared ... publicised massive petroleum products cargoes of the Nigerian National Petroleum Corporation (NNPC), acute scarcity of ... unethical. In their different submissions, both Major Oil Marketers Association of Nigeria (MOMAN) and the ...

  • British coup-plotter freed in Equatorial Guinea 4 Nov 2009 01:35 GMT
    ... Malabo, Equatorial Guinea's steamy island capital off Africa's west coast, where Frederick Forsythe three decades ... coup financiers controlling contracts to the country's oil wealth. "Dogs of War" ends in disaster ... were Thatcher, British businessman David Wales and Nigerian-born British citizen Eli Calil - who all ...

  • Mann pardoned for coup 4 Nov 2009 00:15 GMT
    ... win a new mandate to lead sub-Saharan Africa's third largest oil producer, which he has governed since 1979. Despite ... and is now looking to step up gas exports. But few doubt the outcome of ...

  • Fuel scarcity: Senate invites ministers, NNPC boss, labour leaders, others 4 Nov 2009 01:32 GMT
    ... As fuel scarcity bites harder and many filling stations ... but has decided to invite minister of petroleum and other stakeholders. Many filling stations remained ... chamber are the group managing director of Nigeria National Petroleum Corporation (NNPC), Mohammed Barkindo, and ...


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