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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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  • OPEC warns higher oil prices could undercut 2010 global oil demand 14 Nov 2009 16:50 GMT
    ... CAIRO, Egypt - OPEC says demand for crude oil will slip in the industrialized nations next year if oil prices climb and are ...

  • Factors that favour the crude oil bulls 14 Nov 2009 07:55 GMT
    ... factors contributed to the recent rally in oil prices including tighter physical oil supply and ... fields in Brazil, Kazakhstand, Russia, Norway, West Africa and the Gulf of Mexico which have ... these liquids will be turned into liquid petroleum gas (LPG), sold to petrochemical companies, others ...

  • Ghana Lawmakers Want Oil Profits Invested Responsibly 14 Nov 2009 05:51 GMT
    ... Ghana is set to begin oil and gas production at a new off-shore ... government need look no farther than neighboring Nigeria to see how quickly squandered oil wealth ... for the Accra-based advocacy group Third World Network-Africa. While expectations are high, he says the ...

  • NDC Gurus In Oil deals 14 Nov 2009 05:10 GMT
    ... AFTER TERRIBLY castigating Sahara Oil of Nigeria for lifting crude oil into the country ... organisations known globally or even on the African continent to be dealing in petroleum products. ...

  • Africa Oil Announces Spudding of Bogal-1 Well in Kenya 14 Nov 2009 09:18 GMT
    ... ("Africa Oil" or "the Company") is pleased to ... is pleased to announce that the Bogal-1 oil exploration well on Block 9 operated by ... host numerous oil seeps indicating a proven petroleum system. Good quality existing seismic show robust ...

  • The coming economic collapse and oil at $200 14 Nov 2009 04:41 GMT
    ... Book reviews The coming economic collapse and oil at $200 Are the issues Stephen Leeb raised in ... that wind is as cheap as natural gas in some locations. Hydrogen, solar power, natural ... gold, platinum and zero coupon bonds. South Africa features in this book as he recommends ...

  • Ghana's Oil Find ' What is our Real Stake? 14 Nov 2009 05:10 GMT
    ... Feature Article of Saturday, 14 November 2009 Ghana’s Oil Find – What is our Real Stake? ... faced, unlike our brothers and sister in Nigeria, our oil is located in the deep ...

  • Dana Gas achieves revenue of AED 359 million in the third quarter 14 Nov 2009 15:15 GMT
    ... Dana Gas PJSC, the Middle East’s largest regional private ... October 2008) and continued strong operations in Egypt. Earnings before interest, tax, depreciation, amortization and ... the Company’s investment in MOL (the Hungarian oil and gas company, who are one of ...

  • Prime Minister Pahor on official visit to Libya 14 Nov 2009 04:32 GMT
    ... the Great Socialist People's Libyan Arab Jamahiriya (Libya). During the visit, he met the Prime ... and the role of Libya in the African Union, and the situation in the Middle ... visits of the United Arab Emirates and Egypt. "In yesterday’s talks, the Libyan authorities offered ...

  • Europe's Gas Dilemma 14 Nov 2009 04:36 GMT
    ... Reduced European gas demand recently outlined by the IEA should ... the fire. Here’s why: If Russia, North Africa and indeed Middle Eastern producers such as ... more right now than to hear that oil price indexation to prevent gas on gas price ...

  • Fresh hopes for Nigerian economy as oil hits $79 pbl 14 Nov 2009 07:30 GMT
    ... Fresh hopes for Nigerian economy as oil hits $79 pbl The Minister of State for Finance, Mr. Remi Babalola, has raised ...

  • How to Develop Niger-Delta Using Vision 20-2020 [analysis] 14 Nov 2009 04:33 GMT
    ... like a prophetic haze, Wole Solyinka, black Africa's first winner of the Nobel Prize for ... Literature once declared - "I consider that Nigeria is on the verge, on the brink ... Nigerian tell him what a barrel of oil looked like and feeling disappointed when the ...

  • Ghana's off shore oil reserves: Niger Delta militants training Ghanaians? 14 Nov 2009 07:57 GMT
    ... Ghana's oil find, if not properly managed could lead ... unrest comparable to what is happening in Nigeria's restive Niger Delta region. A respected legal ...

  • Semi-Commercial Loans and Natural Resource Exploitation for Africa 14 Nov 2009 04:30 GMT
    ... for the Centre for the Study of African Economies at The University of Oxford. Award ... referred to this as "investing in investing." Oil and non-oil natural resources are also big sources ... billion dollars from its recently found oil reserve. "That is more money than Uganda could ...

  • AFRICOM and America's Global Military Agenda: Taking The Helm Of The Entire World 14 Nov 2009 03:36 GMT
    ... to establish a major military presence in Africa...[A]nalysts caution that similar pretexts were used to ... Lebanon and Syria from EUCOM in return. Egypt is the sole African nation still in ... Leone, Sweden, Uganda, the United States and Zambia.” [3] The Pentagon participated with personnel from ...


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