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Liberia: Oil Blocks Attract International Interest Despite Ebola

AFRICANGLOBE - Liberia has entered discussions with major international oil companies to encourage bids for drilling in four blocks off the coast near the capital Monrovia. The talks are progressing - including road shows last month in Houston, London and Lagos - despite Ebola in the west African nation.

Namibia: Africa’s Next Big Oil Frontier?

AFRICANGLOBE - Namibia has until recently been largely overlooked by the oil majors. A spate of farm-in agreements over the last six months suggests that this is changing. International oil companies are keen to secure a stake in the southern African country’s oil boom, should one materialise.

Nigerian Firms Buying Out Foreign Oil Companies

AFRICANGLOBE - Three international oil companies (IOCs) - Shell, Total and Eni (Agip) - have raked in $2.569 billion (N411.04 billion) from the sale...

International Oil Companies, Contractors Responsible for Nigeria's Capital Flight

Nigeria's Minister of Petroleum Resources, has expressed concern that after many decades of oil exploration and production in Nigeria, contractors and multinational oil companies, that had done business worth billions of dollars in Nigeria, had not left appreciable footprint in the petroleum industry.
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