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Latest West Africa Oil & Gas News

  • Noble Corporation Reports Second Quarter 2008 Earnings of $1.40 per Share on Operating Revenues of $813 Million 23 Jul 2008 21:30 GMT
    ... the ongoing independent investigation of the Company's Nigerian operations. "We are in the midst of ... dayrates of $212,000 and $220,000, respectively. In West Africa, the Noble Percy Johns secured a one-year ...

  • Niger Delta militants threaten to blow up more oil pipeline 23 Jul 2008 20:53 GMT
    ... From correspondents in Africa, 01:00 AM IST The militants of the ... the Movement for the Emancipation of the Niger Delta Wednesday threatened to destroy a major crude oil pipeline in the region's Chanomi Creek and ...

  • Nigeria militants say plan to destroy oil pipelines 23 Jul 2008 19:32 GMT
    ... pipelines in the delta, the hub of Africa's biggest oil industry which produces around 2 million barrels ... director of NNPC, was quoted in several Nigerian newspapers as telling a parliamentary committee on ...

  • Egypt shares preservation, e-gov't experience 23 Jul 2008 19:31 GMT
    ... to be among the first Arab and African countries in this respect. At the moment, ... and Egyptologist who proved that inhabitants of west Africa are originally inhabitants of ancient Egypt. The second ... Salah, who was betrayed and assassinated in Somalia in the early sixties, due to his ...

  • UPDATE 3-Nigeria militants say plan to destroy oil pipelines 23 Jul 2008 19:30 GMT
    ... (Reuters) - The main militant group in Nigeria's oil-producing Niger Delta said on Wednesday it would ... pipelines in the delta, the hub of Africa's biggest oil industry which produces around 2 ...

  • Increasing Associated Gas Utilization in Russia Requires Comprehensive Measures, GGFR Study Shows 23 Jul 2008 18:56 GMT
    ... the value of Russia's gas associated with oil production, according to a new study which ... followed by the Middle East and North Africa region (about 45 bcm). Sub-Saharan Africa (about ... flaring countries in the world include: Russia, Nigeria, Iran, Iraq, Angola, Venezuela, Qatar, Algeria, the ...

  • Nigeria cenbank tightens banking sector monitoring 23 Jul 2008 18:33 GMT
    ... ABUJA, July 23 (Reuters) - Nigeria's central bank said on Wednesday it would ... has seen the number of banks in Africa's most populous nation slashed from 89 to ... core inflation, which excludes volatile food and oil prices, of around 3.6 percent, according to ...

  • Chevron Says Hurricane Evacuation Won't Affect Production 23 Jul 2008 18:31 GMT
    ... ) - the No. 2 U.S. oil company and the most-recent topic of Money ... increases in its Kazakhstan, North Sea and West Africa projects. One problem we have to accept ...

  • New threat to Nigeria oil output 23 Jul 2008 18:30 GMT
    ... Militants say they are poised to slash Niger Delta oil production to the minimum within 30 days. ... facilities, has set up camp close to Africa's largest liquid-to-gas plant and crude terminals used ...

  • Right to Protection (R2P) from the World's Rich 23 Jul 2008 18:27 GMT
    ... isn’t the whole world rich? Why is Africa stuck in eternal poverty? Why is it ... actually caused by wealthier nations. The soaring oil prices gave rise to the realization that ... made it impossible to sell tomatoes from Ghana…even in India thousands of farmers have committed ...

  • Militants threaten Nigeria pipeline 23 Jul 2008 18:27 GMT
    ... LAGOS, Nigeria (AP) — Nigeria’s main militant group threatened ... new wave of attacks on the volatile West African nation’s oil pipelines within 30 days to counter ...

  • Africa's Mining Industry Digs Deeper to Meet Demands of Commodities 'Super Cycle' 23 Jul 2008 18:23 GMT
    ... Africa's Mining Industry Digs Deeper to Meet Demands ... Africa -- including in Mozambique, Zimbabwe and Sierra Leone -- but none are in South ... outlook] is good." Baxter noted that whether oil is priced at $70 or $200 per ...

  • Militants threaten to destroy Nigerian pipelines 23 Jul 2008 18:20 GMT
    ... militant Movement for the Emancipation of the Niger Delta alleged the director of the Nigerian ... Niger Delta. Such attacks have slashed this west African nation's oil output by almost a quarter in ...

  • Nigeria militants plan to destroy oil pipelines 23 Jul 2008 17:31 GMT
    ... Nigeria militants plan to destroy oil pipelines Posted: Wednesday, July 23, 2008, 16:25 ... pipelines in the delta, the hub of Africa's biggest oil industry which produces around 2 ...

  • Nigerian militants in oil threat 23 Jul 2008 17:31 GMT
    ... (CNN) -- A Nigerian militant group issued a statement Wednesday saying ... statement Wednesday saying it will destroy major oil pipelines "within the next 30 days" to ... for a number of attacks on the African country's oil industry. The group issued a ...

  • Militants say they will destroy Nigerian oil pipelines within 30 days 23 Jul 2008 17:18 GMT
    ... the federal government to send more money to the six states comprising the southern Niger Delta. Such attacks have slashed this west African nation's oil output by almost a quarter in the past two years, helping push world ...

  • Nigeria Bulldozes Slums to Polish Capital 23 Jul 2008 16:31 GMT
    ... to develop a prestigious capital. Like most Nigerians, Landam cannot afford to live in the ... one of the most expensive cities in Africa. Instead they are relegated to shanty towns, ... Nigeria, which produces 2 million barrels of oil a day, is spending hundreds of millions ...

  • Militants say they will destroy Nigeria's major oil pipelines within 30 days 23 Jul 2008 16:30 GMT
    ... Militants say they will destroy Nigeria's major oil pipelines within 30 days LAGOS, ... new wave of attacks on the volatile West African nation's oil pipelines within 30 days to counter ...

  • Nigeria rebels deny being paid by oil firm, vow more attacks 23 Jul 2008 16:16 GMT
    ... - The most prominent armed gang in Nigeria's restive oil region, MEND, said Wednesday it had not ... causing it to lose its position as Africa's biggest oil producer to Angola, according to ...

  • Lagos: We'll hit oil pipelines, say militants 23 Jul 2008 15:55 GMT
    ... THE main militant group in Nigeria's oil-producing Niger Delta says it will attack major ... pipelines in the delta, the hub of Africa's biggest oil industry which produces around two ...


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