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Tuesday November 24, 2009
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West Africa Crude Oil News is an EIN News Service for energy industry professionals. Constantly updated news and information about West Africa Energy.
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Latest West Africa Crude Oil News

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  • 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/ ...

  • 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 ...

  • 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 ... Three countries have access to both windows: Nigeria, Zimbabwe and Cape Verde. So why would ... and financial. Last year’s unprecedented rise in crude oil prices benefited some of Africa’s oil producers, ...

  • African Markets - Factors to watch on Nov 23 23 Nov 2009 06:10 GMT
    ... market moves and political events may affect African markets on Monday. - - - - ... news on all African stock click on NIGERIAN STOCKS Nigeria's all-share index rose by 0.31 ... of monthly budgetary allocations to government agencies. GHANA RATES The Bank of Ghana cut its ...

  • Pacific Asia Petroleum, Inc. Signs Purchase and Sale Agreement Covering Rights in the Oyo Oilfield in Nigeria (BIZ) 23 Nov 2009 14:10 GMT
    ... located approximately 75 miles off the Southern Nigerian coast in deep-water. Operation of the Oyo ... of crude oil and natural gas in West Africa and South America energy properties, engineering and ...

  • 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 ... of crude oil and natural gas in West Africa and South America energy properties, engineering and ...

  • Country Renews Three Exxonmobil Oil Licences 23 Nov 2009 10:32 GMT
    ... Nov 23, 2009 (Vanguard/All Africa Global Media via COMTEX News Network) -- Reuters Nigeria on Friday renewed three shallow water oil ... to buy 6 billion barrels of Nigeria's crude oil reserves and that Nigeria could sell its ...

  • Sierra Leone says Guinea unrest won't destabilize region 18 Nov 2009 08:31 GMT
    ... LONDON (Reuters) - Sierra Leone, trying to rebuild an economy shattered by ... collapse and will not destabilize the fragile West African region, a senior minister said. In an interview ...

  • Sierra Leone says Guinea unrest won't destabilise region 18 Nov 2009 09:42 GMT
    ... about unrest * Minister says won't see Sierra Leone-type violence * Blair backs investment conference, praises ... collapse and will not destabilise the fragile West African region, a senior minister said. In an interview ...

  • African Markets - Factors to watch on Nov 18 18 Nov 2009 06:50 GMT
    ... market moves and political events may affect African markets on Wednesday. - - - - GLOBAL ... (BP1s) from $5.23 at last week's sale. GHANA BUDGET Ghana may raise spending slightly in ... economic growth and temper unemployment in the west African nation, analysts said. MAURITIUS BUDGET Mauritius will ...

  • 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 ...

  • 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. - - - - GLOBAL ... budget deficit as wide as 4.9 percent. GHANA MINING Ghana plans to double the amount ... a 2010 budget aimed at returning the West African economy to growth rates near 10 percent ...

  • Italy judge rejects block of Eni in Nigeria 22 Nov 2009 17:32 GMT
    ... Eni and its unit Saipem with the Nigerian National Petroleum Corporation (NNPC), an Eni lawyer ... 20 per cent of its production from west Africa, including Nigeria. The Milan prosecutor was looking ...

  • 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 ... can unveil the spending plans next week. GHANA RATES The central bank's rate-setting council is ...

  • 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. ...


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