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Tuesday November 24, 2009
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West Africa Oil & Gas 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 Oil & Gas News

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  • Better Rice Eases Hunger Fears in Gambia 24 Nov 2009 06:05 GMT
    ... The need to increase rice production in Africa—and decrease reliance on imported Asian rice—is so ... and cash crop for small farmers across West Africa,” says Tom Remington, CRS' agriculture advisor for ... Africa Rice Center and others—will ensure that West African rice farmers become and remain competitive in ...

  • 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 ... report click on For the latest crude oil report click on Keywords: MARKETS AFRICA FACTORS/ ...

  • HeritageOil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:35 GMT
    ... LONDON (AP) - British oil exploration company Heritage Oil PLC said Monday ... part of an its expansion in sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, Mozambique and the Republic of Congo. ...

  • Heritage Oil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:34 GMT
    ... British oil exploration company Heritage Oil PLC said Monday ... part of an its expansion in sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, Mozambique and the Republic of Congo. ...

  • Two French aid workers kidnapped in Central African Republic 24 Nov 2009 05:33 GMT
    ... Cameroon take to the field in South Africa, of all the African teams they will ... tankers carrying fuel for Western forces in Afghanistan were destroyed and one driver killed in ... was one of ... Nairobi/Lagos - If Nigeria want to make any kind of impact ...

  • Wildcatters need to keep making strikes 24 Nov 2009 00:10 GMT
    ... the bigger oil operator in the east African country. are so-called wildcatters. These make their ... afford to develop its big discoveries in Ghana and Uganda. Therefore, finding a buyer for its Ugandan ... along the coasts of Sierra Leone, Guinea, Liberia and Ghana. , compares Tullow to a ...

  • Why Afghans Dig Empire Graveyards 24 Nov 2009 04:31 GMT
    ... American blood-letting in Afghanistan is generally explained in terms of the Taliban ... and the sea-routes to South Asia and Africa. The United States now controlled those sea-lanes ... buffer between the great powers. As the Maliki government in Iraq has gradually slipped the ...

  • Petrol Subsidy is a Waste of Resources - Obi [interview] 24 Nov 2009 04:32 GMT
    ... is the Managing Director, Techno Oil Limited, a significant player in the downstream ... problems actually facing the downstream sector of Nigeria oil industry at the moment? After decades ... we lose our position to Angola as Africa's largest producer of crude oil, we now ...

  • /C O R R E C T I O N -- BJ Services Company/ 24 Nov 2009 00:45 GMT
    ... U.S. drilling activity, particularly with respect to oil exploration, and some margin improvement that primarily ... the North Sea and lower activity in Nigeria and the Netherlands. Operating income margin for ... === Latin America (incl. Mexico) 16% -8% Europe/Africa 8% -14% Middle East -10% -37% Asia ...

  • Iranian leader's Brazil trip draws criticism 24 Nov 2009 00:10 GMT
    ... will visit this week. Ahmadinejad already visited Gambia on a five-nation trip that also will ... Venezuela in South America and Senegal in Africa. Accompanied by 200 Iranian business leaders, Ahmadinejad ... gas exploration in Iran by Venezuela's state-run oil company. He also said he aims to ...

  • •Iranian leader's visit to Brazil draws criticism 24 Nov 2009 01:24 GMT
    ... will visit this week. Ahmadinejad already visited Gambia on a five-nation trip that also will ... Venezuela in South America and Senegal in Africa. Accompanied by 200 Iranian business leaders, Ahmadinejad ... gas exploration in Iran by Venezuela's state-run oil company. He also said he aims to ...

  • IMF formally approves US$1.4b for Angola 24 Nov 2009 00:12 GMT
    ... Angola cope with the drop in global oil prices and other effects of the global ... country's 27-year civil war. Officials in the African nation had said the finance would help ... of its oil revenues. Angola vies with Nigeria as the largest oil producer in Africa ...

  • Investors Trade 560.34 Million Shares for N2.03 Billion 24 Nov 2009 08:23 GMT
    ... Trading on equities quoted on the Nigerian stock Exchange (NSE) yesterday recorded a total ... price closing at N40.00 per share while African Petroleum (AP) lost 80 kobo to close at ...

  • Angola's kwanza slides further against dollar 24 Nov 2009 09:18 GMT
    ... of its value this year on lower oil revenues and a government decision to loosen ... at around 95 per dollar. Angola rivals Nigeria as Africa's biggest oil producer and depends on oil ...

  • West African bloc bans arms transfer by member states 23 Nov 2009 10:32 GMT
    ... West African regional bloc ECOWAS Saturday banned the transfer of ... come into force with its ratification by Benin. Other countries like Burkina Faso, Liberia, Mali, ...


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