Home Tags Oil

Tag: oil

U.S. Oil Firm Begins Search off East Africa

US oil and gas explorers Apache Corporation estimates that within the next 60 days, it will have drilled the targeted 3,250 metres depth at...

China Replaces United States As Nigeria’s Number One Crude Oil Importer

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, has said China had become the alternative market for Nigeria's...

Pertinent Questions Regarding East Africa’s Oil and Gas Rush

In July this year the China-Africa Ministerial Conference in Beijing took place. Forty-nine African countries and China agreed the fortunes of oil and natural...

East Africa’s Political Puzzle

Oil, electricity and agriculture are set to transform East Africa over the next decade. And in the regional jigsaw, politics, economics and security will...

South Sudan to Resume Oil Production

South Sudan will resume oil production especially the Upper Nile in September, Sudan's lead negotiator at the African Union Pegan Amum has said. South Sudan and...

Tullow Set to Start Drilling for Oil in Ethiopia

The global oil and gas exploration company, Tullow Oil Plc, is set to start drilling on the concession it has in South Omo Valley,...

The Devil Is in the Detail With the New Sudan and...

Global Witness has welcomed the announcement of an oil deal reached by South Sudan and Sudan, while stressing the need for the final text...

South Sudan and Sudan Reach Deal Over Oil Transportation Fees

South Sudan and Sudan have reached a deal on oil transportation fees, the African Union chief mediator announced Friday in the Ethiopian capital where...

Nigerian Oil Production Hits Record 2.7 Million Barrels

The Nigerian National Petroleum Corporation (NNPC) has said that Nigerian oil production has risen from 2.4 million barrels per day (mbpd) to 2.7 mbpd...

Oil Firms Underpay Nigeria Billions

Nigeria Extractive Industry Transparency Initiative, NEITI, has disclosed that from its audit report between 2006 and 2008, the Nigerian National Petroleum Corporation, NNPC, received...

Shell to Invest $4 Billion in Two Oil and Gas Projects...

Royal Dutch Shell Plc, operator of Shell Petroleum Development Company (SPDC) of Nigeria, Thursday said it would invest about $4 billion with its joint...

Khartoum, Juba Begin New Talks on Oil Revenue Sharing

The negotiating delegations of Sudan and South Sudan resumed, in the Ethiopian capital Addis Ababa on Wednesday, negotiations on border security issues as they...

Who Will Benefit From East Africa’s Oil and Gas?

In the small village of Mikindani on the south-eastern coast of Tanzania, World Bank-funded roads sit alongside shattered coral from dynamite fishing and poor...

Khartoum Rejects South Sudan’s ‘Last’ Offer On Oil, Abyei

Sudanese negotiators on Monday dismissed as "nothing new" what their South Sudanese counterparts have termed as the "last offer" to resolve the two countries'...

Nigeria : The Great $6.8bn Oil Scandal

The revelation of gargantuan levels of corruption in the Nigerian government’s fuel subsidy programme is sparking a groundswell of activity among the opposition and...

Nigeria Fines Shell U.S.$5 Billion for Oil Spill

The Shell Nigeria Exploration and Production Company, SNEPCO, has been fined U.S.$5 billion over the massive oil spill that occurred at its Bonga oil...
81,528FansLike
1,603FollowersFollow
3,442FollowersFollow

TRENDING ARTICLES