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Africa Oil & Gas News. Service for global professionals. Constantly updated news and information about Africa Oil & Gas.
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Latest Africa Oil & Gas News

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  • Eni To Buy Stakes In Ugandan Oil Fields 23 Nov 2009 05:57 GMT
    ... Eni To Buy Stakes In Ugandan Oil Fields (RTTNews) - Energy company Eni SpA ... as one of the active competitors in Africa. Eni already has interests in the Republic of Congo, Nigeria and Ghana. Reportedly, Eni and Heritage both ...

  • Oando to start production at new oil and gas fields in 2010 23 Nov 2009 11:52 GMT
    ... Oando to start production at new oil and gas fields in 2010 23rd November ... of its oil and gas fields in Nigeria within the next two quarters, the JSE-listed ...

  • Italian Firm Buys Country's Oil Fields 23 Nov 2009 12:16 GMT
    ... Mon. November 23, 2009; Posted: 06:51 AM Nov 23, 2009 (The Monitor/All Africa Global Media via COMTEX) -- -- Canadian-owned Heritage Oil and Gas Company has reportedly sold its stake in Uganda to Italian firm, Eni, for $1.5 ...

  • BG Group to pool $20 billion in Brazil oil 23 Nov 2009 05:12 GMT
    ... BG Group to pool $20 billion in Brazil oil ... Group has core operations in Australia, Brazil, Egypt, India, Kazakhstan, Trinidad and Tobago, Tunisia and the United States, plus smaller operations ...

  • Heritage Oil confirms sale to Italian firm 23 Nov 2009 10:56 GMT
    ... Oil exploration continues in the Albertine region Heritage ... Italian oil major builds its presence in Africa through acquisitions. Eni is buying Heritage's 50 ... As Uganda has limited local demand for petroleum products, analysts expect most of the oil ...

  • Shell raises gas output to boost power supply in Nigeria 23 Nov 2009 10:30 GMT
    ... feet of gas per day in southern Nigeria, the highest in two years, to boost ... since resumed production," it said. Nigeria's southern oil producing region is returning to stability after ... of 140 million people, compared to South Africa, which generates 15 times more for a ...

  • Egypt's Beltone Financial sets up Libya subsidiary 23 Nov 2009 03:12 GMT
    ... eight months TRIPOLI, Nov 22 (Reuters) - Egyptian investment bank Beltone Financial has begun operations ... bank Beltone Financial has begun operations in Libya, hoping to take advantage of a potential ... investment culture," Hilal said. The oil-rich North African country remains largely unaffected by the global ...

  • At least 400 pipelines vandalized in Niger Delta: official 23 Nov 2009 11:12 GMT
    ... than 400 pipelines have been destroyed in Nigeria's oil rich Niger Delta region in the last ... bid to end unrest, which has cost Africa's top oil exporter billions of dollars in ...

  • Heritage Oil Pulls Out of the Country 23 Nov 2009 10:12 GMT
    ... Kampala — British oil explorer Heritage Oil will sell its fields in ... as "the most exciting new oil and gas play in sub-Saharan Africa in the past decade." A London analyst ...

  • Oil Firm Pulls Out of the Country 23 Nov 2009 11:30 GMT
    ... Kampala — British oil explorer Heritage Oil will sell its fields in ... as "the most exciting new oil and gas play in sub-Saharan Africa in the past decade." A London analyst ...

  • Algeria says to open solar panel factory 23 Nov 2009 12:14 GMT
    ... 23 (Reuters) - Oil and gas producer Algeria is to build a plant to manufacture ... Desertec, to generate solar power in North Africa and export it to Europe. Algerian Energy ... exploiting solar energy from our land.' Neighbouring Morocco this month announced a $9 billion solar ...

  • Woodside Petroleum Updates On Pluto LNG Project In Australia 23 Nov 2009 07:44 GMT
    ... notice of award of contract from Woodside Petroleum Limited for the Pluto LNG Project storage ... load ... PT Pertamina (Pertamina), an Indonesia-based oil and gas company, is planning to increase ... Foster Wheeler and WorleyP ... The South African Petroleum Authorities have confirmed Royal Dutch Shell ...

  • Country Renews Three Exxonmobil Oil Licences 23 Nov 2009 10:32 GMT
    ... Nov 23, 2009 (Vanguard/All Africa Global Media via COMTEX News Network) -- Reuters Nigeria on Friday renewed three shallow water oil licences jointly operated with ExxonMobil, granting the U.S. energy firm leases of a further ...

  • Mega Projects And Niger Delta Development 23 Nov 2009 10:04 GMT
    ... LATELY, the Federal Government is beginning to demonstrate ... genuine eagerness to transform the long-neglected but oil-rich Niger delta region. It started on a good ...

  • Obama in China, China in Africa 23 Nov 2009 05:53 GMT
    ... Chinese economic leaders are just returning from Egypt, where a two-day forum on China-Africa Cooperation was held. China has agreed to ... — China adds control of some of Nigeria’s, Cameroon’s and Gabon’s oil reserve in exchange ...


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