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oil

Mauritania: Total to drill second well

January 7, 2013 Steven Addamah 0

According to reports, the French company Total will be increasing its exploration in Mauritania as it prepares to begin the drilling of a second oil […]

Libya: Disruption of Oil Exports

December 28, 2012 Steven Addamah 0

Libya, an OPEC member, which is seeking to boost its oil production, is currently hit by some waves of sporadic demonstrations, affecting the North African […]

Libya: ENI becoming oil and gas Leader

December 17, 2012 Steven Addamah 0

A decade long investment plan worth $8 million has been revealed by ENI# to develop its upstream business as it moves to strengthen its grip […]

Libya: ENI begins onshore exploration

December 4, 2012 Geraldine Boechat 0

Italy’s petrol giant, ENI has once again started exploratory drillings in Libya as it continues to increase its activities in Africa. The drilling is onshore […]

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 […]

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