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oil

South Sudan: Resuming the economy construction

November 5, 2012 Steven Addamah 0

Last January, South Sudan completely shut down its oil production unit because of a dispute with Sudan over the price Khartoum imposed for its exportation. […]

Chariot gains territory in Morocco

October 30, 2012 Geraldine Boechat 0

The Moroccan government has signed an agreement with Chariot Oil & Gas Investments (Morocco) to grant it a 75% interest and operatorship in offshore license […]

Exxon planning to sell Iraq stake

October 19, 2012 Geraldine Boechat 0

Diplomatic sources have hinted that Exxon Mobil will be forgoing its giant oilfield project in southern Iraq because of small profits from the estimated $50 […]

Sudan and South: Oil and Trade Deal

September 28, 2012 Steven Addamah 0

The two Sudans have been able to come to terms regarding the oil exportation from South Sudan and the usage of Sudan’s pipelines and port […]

S. Sudan to resume oil production in four to six months

August 31, 2012 Steven Addamah 0

South Sudan’s Minister of Petroleum and Mining Stephen Dhieu Dau said Thursday his country hopes to resume oil production in the Upper Nile’s oilfields in […]

Nigeria lost more than $400 billion of oil proceeds since 1960

August 29, 2012 Steven Addamah 0

Nigeria has lost more than $400 billion of its oil revenue because of theft or mismanagement since the country’s independence in 1960. The figure was […]

Libya prioritized in Total’s regional investment

August 23, 2012 Geraldine Boechat 0

Total has revealed the reinforcement of its investment intentions to explore and develop new resources in North Africa especially in Libya. The company is already […]

Tunisia: Oil drilling program and flow tests results

August 8, 2012 Geraldine Boechat 0

A press release by the CYGAM Energy Inc. has manifested the company’s pleasure in providing the initial flow rates on the TT-16 horizontal well in […]

World hails Sudan and South Sudan agreement

August 7, 2012 Steven Addamah 0

World leaders have praised Sudan and South Sudan for the sacrifices they have made to conclude an agreement over the transportation of oil that both […]

Sudan-South Sudan: No agreement in sight for oil, border disputes

July 24, 2012 Steven Addamah 0

More than a year after South Sudan became independent from Sudan, the two countries have not yet reached agreement on their oil and border disputes […]

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