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Latest Ethiopia Oil & Gas News

  • Keen On Business, China is Yet to Flex Its Formidable Military Muscle 16 May 2008 10:24 GMT
    ... In April 2007, nine Chinese and 65 Ethiopian oil engineers were killed during an assault on ... oil exploration site operated by Sinopec's Zhongyuan Petroleum Exploration Bureau in the Ogaden region of ...

  • Africa: Keen On Business, China is Yet to Flex Its Formidable Military Muscle 16 May 2008 10:16 GMT
    ... In April 2007, nine Chinese and 65 Ethiopian oil engineers were killed during an assault on ... oil exploration site operated by Sinopec's Zhongyuan Petroleum Exploration Bureau in the Ogaden region of ...

  • Fat people accused of adding to world food crisis 16 May 2008 09:42 GMT
    ... Car use by overweight people also affected oil supplies and the cost of food production. Fo ... also flared in Mexico, Bangladesh, Egypt, Senegal, Ethiopia, Uzbekistan, Mauritania and Yemen. Increasing oil prices and the use of land for growing ...

  • NGO Monitor's 2007 Report on HRW: Bias and Double Standards Continue 16 May 2008 04:57 GMT
    ... of Nagorno Karabakh and Armenia described in gas, oil and grain-necessary for the basic human needs of civilians ... we have documented massive crimes by the Ethiopian army, including… villages burned to the ground ...

  • COMESA to launch Customs Union by year end 16 May 2008 04:56 GMT
    ... the meeting. The countries include Egypt, Burundi, Ethiopia, Democratic Republic of Congo, Eritrea, Madagascar, Malawi, ... trends such as the rapid increase in oil prices, decline in food production and stagnation in ... ©2008 Kenya Broadcasting Corporation . All Rights Reserved. ...

  • Israel's crisis and the historic contradictions of Zionism 16 May 2008 04:52 GMT
    ... extending US influence in this strategically vital oil-producing region. Israeli militarism went hand in hand ... the town's unemployment rate reached 14.3 percent. Ethiopian Jews also rioted last year over their ... the Israeli capitalist the prospect of new reserves of cheap labor to further depress the ...

  • The food crisis and the failure of capitalism 15 May 2008 19:19 GMT
    ... and water with a bit of vegetable oil and salt.[1] Meanwhile, in Canada, the federal ... Similar protests have taken place in Cameroon, Ethiopia, Honduras, Indonesia, Madagascar, Mauritania, Niger, Peru, Philippines, ... food. Fertiliser and pesticides are made from petroleum and natural gas. Gas and diesel fuel ...

  • UN slashes world growth forecast for this year 15 May 2008 17:39 GMT
    ... of former Soviet and southeastern European states. Oil prices rising over $120 a barrel have fueled ... cyclone -- and slowdowns in Sudan and Ethiopia for a drop in the poorest countries' ... future losses. It also said the international reserve system should be switched from the dollar ...

  • Food costs change shopping for many 15 May 2008 06:09 GMT
    ... juice, water or crackers; and, to save gas, stopped going to multiple stores. "I find ... Compare that with poor countries such as Ethiopia and Bangladesh, where it's not uncommon for ... best answer to America's reliance on imported oil. Last week, Sen. Chuck Schumer, a Democrat from ...

  • Weakening rupee & soaring petroleum prices: Rs six per kg rise in pulses prices likely 15 May 2008 01:32 GMT
    ... Weakening rupee & soaring petroleum prices: Rs six per kg rise in ... import of the commodity from Canada, Australia, Ethiopia and Tanzania. Export of pulses has been ...

  • Behind the food crisis: 'capitalism's historical failure' 14 May 2008 12:57 GMT
    ... and water with a bit of vegetable oil and salt. Meanwhile, in Canada, the federal ... protests have taken place in Cambodia, Cameroon, Ethiopia, Honduras, Indonesia, Madagascar, Mauritania, Niger, Peru, the ... food. Fertiliser and pesticides are made from petroleum and natural gas. Gas and diesel fuel ...

  • The wealthiest Blacks in the world 13 May 2008 04:52 GMT
    ... is now just the world’s third-richest person. Ethiopian-born Mohammed Al Amoudi is the richest Black ... estate before betting on Swedish and Moroccan oil refineries. His Svenska Petroleum conducts oil exploration from the Nordic shelf ...

  • George Bush Visits Africa to Promote the US Africa Command 13 May 2008 04:50 GMT
    ... the Horn of Africa (Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Seychelles, Somalia and the Sudan). The ... fact. The USA wanted to control the oil resources from Africa. Presently Africa supplies more petroleum to the USA than the Middle East ...

  • The state of Africa 13 May 2008 04:49 GMT
    ... fixed-line telephone, railway transportation, air transportation and petroleum product distribution sectors were still state-owned. Efforts ... million a year. In urban areas of Ethiopia in 1996, around 86% of subsidies on ...

  • "Somalia Completes its Devolutionary Cycle" 13 May 2008 04:37 GMT
    ... cycle, which began in December 2006, when Ethiopia mounted a military intervention that ousted the ... control of exploration contracts for Somalia's unproven oil reserves. That struggle, which burgeoned into a ... reportedly was demanding his choices for the Petroleum, Finance and Defense Ministries. It was clear ...

  • Whale sightings off Chile raise hope for the endangered animals 13 May 2008 04:36 GMT
    ... creature pursued to the verge of extinction. Oil from sperm and right whales hunted off ... a globalized commodity with parallels to today's petroleum. "It could be we're just seeing more ... as exhibited in the case of the Ethiopian Albino, a singular consequence had resulted -- ...

  • Somalia Completes its Devolutionary Cycle 13 May 2008 04:31 GMT
    ... cycle, which began in December 2006, when Ethiopia mounted a military intervention that ousted the ... control of exploration contracts for Somalia's unproven oil reserves. That struggle, which burgeoned into a ... reportedly was demanding his choices for the Petroleum, Finance and Defense Ministries. It was clear ...

  • Sino-U.S. Energy Competition in Africa 13 May 2008 04:31 GMT
    ... ith oil prices hitting record levels of US$70 per ... energy interests diverge in Africa. China National Petroleum Corporation established oil exploration rights in Sudan ... supplied US$1 billion in arms to both Ethiopia and Eritrea during their war from 1998 ...

  • Chad's Cycle of Instability Gains Momentum 13 May 2008 04:31 GMT
    ... with the Bank on the allocation of oil revenues. Although the ruptures in Chad's political ... consortium including ExxonMobil, ChevronTexaco and Malaysia's Petronas. Petroleum exports began in 2003, after a pipeline ... the Union. As several African states, including Ethiopia and Tunisia, undertook efforts to mediate the ...

  • The Darfur Question at a Time of Increasing U.S.-China Competition 13 May 2008 04:31 GMT
    ... in the 1970s and '80s, for example, Ethiopian pro-Soviet leaders exploited the conflict to weaken ... Its main goal is to acquire African oil and gas at favorable conditions, in regions ... as a powerbroker. In 2003, China's National Petroleum Corp. planned to invest one billion dollars ...

  • The Increasing Importance of African Oil 13 May 2008 04:31 GMT
    ... production, and one in four barrels of oil discovered outside of the U.S. and Canada ... $7 billion worth of investments in Nigeria. Ethiopia called China "its most reliable [trading] partner" ... fields as part of the Greater Nile Petroleum Operating Company, in which India and Malaysia ...

  • Faint Signs of Political Evolution Appear in Somalia's Devolutionary Cycle 13 May 2008 04:31 GMT
    ... sub-state of Puntland in 2006, by an Ethiopian military intervention backing the country's weak and ... 9 that debate over a proposed Somali Petroleum Corporation (S.P.C.) became so heated that "the ... T.F.G., generating confusion and opposition. Although Somalia's oil reserves are unproven, small energy companies, the ...

  • Besieged From Cradle to Grave 13 May 2008 00:16 GMT
    ... solve problems. The great empires of Africa (Ethiopian, Nubian, Egyptian, Ghana, Mali, Songhai, Zimbabwe) were ... are exploiting. Royal SHELL, the giant Anglo-Dutch oil company, called SHELL Petroleum Development Company in Nigeria, is the biggest ...

  • Is there Hope in Africa? 13 May 2008 00:03 GMT
    ... one such meeting held in Jerusalem an Ethiopian delegate attended. It was akin to the ... of the world’s gold; 8%of the world’s petroleum reserves and millions upon millions of acres of ...


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