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Latest Southern Africa Oil & Gas News
- OPEC holds output quotas steady, opting to focus on reining in 25 Dec 2009 19:10 GMT
... LUANDA, Angola - OPEC held its output quotas unchanged Tuesday, ... Shukri Ghanem, the head of Libya's National Oil Corp. and the North African nation's de facto oil minister, following Tuesday's brisk ...
- Police chief stresses country's economic management capacity 25 Dec 2009 11:54 GMT
... Almeida, reaffirmed in Luanda the capacity of Angola to represent, assume and manage great situations globally, ... Almeida emphasized the holding of the Orange Africa Cup of Nations, Angola 2010, as a way to show ... World Cup. During the conference, the Angolan Oil minister, Botelho de Vasconcelos, considered Angola's presidency ...
- Industry's 2009 Performance Mixed 24 Dec 2009 19:58 GMT
... target. According to the 2009 Confederation of Zimbabwe Industries' Manufacturing Survey that was released in ... was at 60 percent. The chemicals and petroleum and non metallic minerals sectors were sitting ... cases, imported products from China and South Africa being cheaper and hence more price competitive ...
- How our ministers performed 24 Dec 2009 16:50 GMT
... a fresh approach to intractable problems, including Zimbabwe and HIV/Aids, he has also been criticised ... now affirmed as the overseer of South Africa's development strategies. But he still has to ... power producers, but plans for a crude oil refinery at Ngqurha, Eastern Cape, has set ...
- Adira Energy announces results of annual and special meeting of shareholders, corporate name change and restructure of board of directors 24 Dec 2009 16:34 GMT
... change of the Company's name from "AMG Oil Ltd." to "Adira Energy Ltd." at the ... Mr. Kinley worked as President of a Botswana-based Coal Bed Methane exploration and development company, ... in the central Kalahari Desert in sub-Saharan Africa. Prior thereto, Mr. Kinley spent 26 years ...
- A country 'on hold' 24 Dec 2009 11:12 GMT
... of military rule, coups and strong-armed elections, Africa's most populous nation now finds itself with a seriously ... for his resignation. Even militants in the oil-rich Niger Delta, whom Mr. Yar'Adua brought into ... about a million barrels a day, allowing Angola to surge ahead as Africa's top oil producer. ...
- DI calls for urgency in Local Content Policy for oil industry 24 Dec 2009 08:50 GMT
... the local content policy. “With our West African coast touted as the 'New Gulf' and Nigeria ignoring ... also urges Ghana to learn something from Angola, the second-largest sub-Saharan Africa oil producer. The southern African country's focus has been on developing Angola ...
- African Markets - Factors to watch on Dec 24 24 Dec 2009 07:14 GMT
... market moves and political events may affect African markets on Thursday. Asian stocks rose on Thursday led ... Mugabe's family. India's Bharat Sanchar Nigam Ltd, Angola's Unitel and Libya's LAP Green Networks have ... Networks have submitted bids to acquire Zamtel, Zambia's fixed-line telephone operator, and the highest bidder ...
- Commodities Will Crawl In 2010 24 Dec 2009 06:35 GMT
... view--global liquidity conditions should be supportive of oil and other commodities. Any pressures on the ... in output from Iraq and Russian and African oil frontiers may be slow to come. Yet here ... fields much less attractive. Only Sonangol, the Angolan owned company, was willing to bid on ...
- Recession halves SA's exports to US 24 Dec 2009 02:36 GMT
... South Africa's exports to the US fell 48 percent in ... exposed to the global recession. Nigeria and Angola, the two biggest exporters, rely entirely on oil. The sharp fall in export revenue followed ...
- Consensus is not to change output, says OPEC secretary-general 23 Dec 2009 21:43 GMT
... Trucks waiting to load fuel at an oil depot in the Luanda capital Angola. OPEC hasn't touched its oil production targets ... ministers gathering for Tuesday's meeting in this African capital are unlikely to go tinkering with them now ...
- Tombua-Landana: A monument to innovation off Angola 23 Dec 2009 21:09 GMT
... Tombua-Landana: A monument to innovation off Angola John Waggoner - Technology Editor, Drilling & Production ... peak production of 100,000 b/d of crude oil in 2011. Recoverable resources for the two ... projects,” says Ali Moshiri, president of Chevron Africa and Latin America exploration and production. “Angolans comprise more ...
- Peak oil, prices, and supplies - Dec 23 23 Dec 2009 20:48 GMT
... Peak oil, prices, and supplies - Dec 23 Click ... OPEC agreed at a meeting in the Angolan capital of Luanda on Tuesday to keep ... supply, especially in the Middle East and Africa. In November, Chinese oil demand rose 18.7 per cent ...
- Editorial Roundup: Excerpts From Recent Editorials 23 Dec 2009 18:46 GMT
... Star on War critics proven wrong on oil: Critics of the war in Iraq have ... from state-supported firms based in China and Angola, according to Reuters. In any event, analysts ... agendas -- especially underdeveloped nations, including the Africans. While no one really knows what the impact of ...
- Footsie hits one-month high 23 Dec 2009 17:35 GMT
... well. But caused gains to narrow. The oil group gave back some of the big ... a 4.75p a share offer for MAMA. Africa-focused diamond producer has completed an upgrade of processing ... processing facilities at its Cassanguidi project in Angola but lowered its production targets. It now expects ...
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