Latest Africa Oil & Gas News
- UK small caps down at midday; Renova plummets on debt restructuring 13 May 2008 16:31 GMT
... disruptions to Australian coal operations. Top of the ... interest in the Kagem emerald mine in Zambia from Rox, a Pallinghurst Resources portfolio company. ... Pierce to retain its 'buy' stance. Meridian Petroleum was up 0.5 pence at 7 as ...
- Sudan posts $246M bounty for Darfur rebel 13 May 2008 16:30 GMT
... bounty. Sudan has benefited from spike in oil prices, but it's unclear where authorities will get ... the military by fighting it all across Africa's largest nation. Ibrahim said he was speaking ... weekend attack and warned that his government reserved the right to retaliate. Chad's government, meanwhile, ...
- Nigeria: Militants Kill 2 Cops in Bayelsa 13 May 2008 11:55 GMT
... Mohammed Aminu Sokoto And Segun James Yenagoa Suspected ... heels of an attack on a Shell Petroleum Development Company (SPDC) flow station at Diebu ...
- Gunmen kill two police officers in southern Nigeria - army 13 May 2008 11:53 GMT
... gunmen raided a police station in southern Nigeria's oil-rich state of Bayelsa and killed two police ... Bonny in nearby Rivers state. Nigeria is Africa's biggest oil producer. jan.harvey@thomsonreuters.com har/rfw Copyright Thomson ...
- » African economy up 6% 13 May 2008 11:53 GMT
... Africa's economy will grow by 6.0 percent this ... an acceleration from 2007, owing to high oil prices and demand for commodities, research from the ...
- » SAA under pressure 13 May 2008 11:53 GMT
... South African Airways will fail to achieve a profit ... percent by next March due to soaring oil prices, CEO Khaya Ngqula warned on Tuesday. "We ...
- Why Kufuor must subsidise the rising cost of propaganda 13 May 2008 11:32 GMT
... trader on the tro-tro care if crude oil prices are five times more than what ... least the third richest oil producer in Africa. Experts now put Ghana's oil deposit anything ... no choice! The truth is, the current petroleum levies structure was introduced by the NDC ...
- Verenex Energy Inc. to Present at Tristone Capital Global Energy Forum 13 May 2008 11:31 GMT
... CALGARY, May 13, 2008 (Canada NewsWire via COMTEX) ... at www.verenexenergy.com. Verenex is a Canada-based, international oil and gas exploration and production company with ... exploration portfolio in the Ghadames Basin in Libya. This press release contains forward-looking statements, including ...
- Osunbor, Ogiemwonyi others get honours 13 May 2008 11:30 GMT
... GOVERNOR Oserhiemen Osunbor of Edo and the Group ... and the Group Executive Director of the Nigeria National Petroleum Corporation (NNPC), Dr Chris Ogiemwonyi, were honored ...
- SAA in early-stage talks with Airbus, Boeing on new fuel-efficient fleet plan 13 May 2008 11:30 GMT
... National carrier South African Airways (SAA) - which is halfway through ... came as the upward movement in the oil price during its 2007/8 financial year wiped R950-million ... aspect of ticket charges to offset rising oil prices, but Ngqula indicated that it would not ...
- Africa's economic leaders head for Mozambique 13 May 2008 11:30 GMT
... faces grave dangers from rocketing food and oil prices. Dozens of finance ministers and central bankers ... capital Africa Economic Outlook, the African Development Bank warned ...
- OPEC Pumps Over 30 Million Barrels Of Oil Per Day In April 13 May 2008 11:15 GMT
... OPEC Pumps Over 30 Million Barrels Of Oil Per Day In April (Space Daily Via ... the result of steep output losses in Nigeria. Excluding Iraq, the 12 members which participate ...
- Bush to Visit Mideast 13 May 2008 11:10 GMT
... President George W. Bush President George W. Bush ... process. Mr. Bush will also go to Egypt, where he will meet with Palestinian President ... to Washington, Mr. Bush will travel to oil-rich Saudi Arabia for discussions with King Abdullah ...
- Commodities: Oil eases from record high 13 May 2008 11:10 GMT
... This genius investor does dizzying levels of research to ... does dizzying levels of research to uncover... Oil prices retreated from a record high as ... the West alongside disruptions to production in Nigeria have added to concern that oil supplies ...
- Bush heads back to Mideast amid fading peace hopes 13 May 2008 10:52 GMT
... President George W. Bush heads back to the ... instead hold talks with Abbas at the Egyptian resort of Sharm el-Sheikh on Saturday. Like ... coax King Abdullah to help curb record oil prices, an appeal likely to fall on ...
- Japan's Fukuda in a fight for his life 13 May 2008 10:52 GMT
... against climate change, development assistance, especially for Africa, the nuclear programs of North Korea and ... Iran and economic issues, including spikes in oil prices and the subprime loan crisis, are expected ... is forecast on the thorny dispute over natural-gas reserves in the East China Sea. President ...
- Melrose Resources says Q1 Production in line with expectations; maintains FY08 production guidance - Quick Facts 13 May 2008 10:52 GMT
... Melrose Resources says Q1 Production in line with ... guidance - Quick Facts (RTTNews) - Tuesday, oil and gas company Melrose Resources Plc ( ... the company said that the production in Egypt over the rest of 2008 is expected ...
- Cairn Energy issues interim management statement; appoints Rick Bott as COO of Cairn India - update 13 May 2008 10:52 GMT
... Cairn Energy issues interim management statement; appoints Rick ... morning, Cairn Energy Plc ( ), an oil company, issued its interim management statement for ... tenders is ongoing for exploration drilling in Tunisia in the second half of current year, ...
- Environmental Heroes Make Change in Own Backyards 13 May 2008 10:52 GMT
... heroes.” They’ve taken on the government, challenged oil corporations, horned in on trials without a lawyer ... In a country where the biggest nature reserve is 39 hectares, the park Schops and ... helped with one of the plagues of Africa: water borne diseases and sanitation. The United ...
- BOOK REVIEW: 'Gusher of Lies' Argues Persuasively That Energy Independence is an Impossible Dream 13 May 2008 10:51 GMT
... of Louisiana, who describes himself as an African-American Creole, could have a great second career ... fact that there is no substitute for oil, he writes. We've been an importer of petroleum since 1913, and we get most of ...
- U.S. Indicts Top International Arms Dealer for Conspiracy to Kill Americans, Terrorism 13 May 2008 10:51 GMT
... to various parts of the world, including Africa, South America and the Middle East. In ... especially with the task of protecting Colombia's oil fields and facilities As described in the Indictment, ...
- Barack Obama: You're No Ronald Reagan--But You May Be Dick Cheney! 13 May 2008 10:51 GMT
... that he 'is not black enough,' for African American voters. Being found loitering in the ... Cheney prefers to invade nations with huge oil reserves and infrastructure ruined by U.S. 'shock and ...
- NEWS ANALYSIS: Perhaps 60% of Today's Oil Price is Pure Speculation 13 May 2008 10:51 GMT
... NEWS ANALYSIS: Perhaps 60% of Today’s Oil Price is Pure Speculation By F. William ... Platt’s. Major oil producers including Russia and Nigeria use Brent as a benchmark for pricing ...
- BUSINESS: Marathon Oil Corporation Announces Acquisition of Western Oil Sands 13 May 2008 10:51 GMT
... .) Upon completion of the transaction, Marathon will gain ... transaction, Marathon will gain access to the oil sands in more than 300,000 gross acres, ... States, Angola, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway and the United Kingdom. Marathon is ...
- 5/13 - Bush Beginning Mideast Trip 13 May 2008 10:50 GMT
... President Bush leaves today on his second trip ... scheduled to visit Israel, Saudi Arabia and Egypt. The White House says Bush, once again, ... again, will ask the Saudis to increase oil production to ease soaring prices for consumers. ...
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