Category: Africa

Marathon, Noble announce exploration contracts in offshore Gabon

Houston-based oil and gas independents Marathon Oil and Noble Energy announced separate deals with the government of Gabon to explore in deep water off the coast of the West African nation.  More »

Ebola outbreak threatens oil-producing Nigeria

So far the ebola virus outbreak in Africa isn’t much affecting energy operations there, but that could change with reports that the disease has reached Nigeria, the continent’s most populous nation and a major oil producer.  More »

Cobalt falls after SEC Angola case moves forward

The company said it’s cooperating with the SEC and believes its activities in Angola have complied with all laws.  More »

Terminals startup Zenith Energy gets $600 million infusion

The Kinder Morgan executive who built one of the largest U.S. energy terminal businesses is now looking beyond the nation’s shores to build infrastructure in the developing world.  More »

Nigeria, Shell not cleaning oil pollution, report charges

Nigeria, a member of the Organization of the Petroleum Exporting Countries, is Africa’s largest oil producer and most populous nation.  More »

Chevron 2Q profit up on asset sales, oil prices

Global production slipped, however, to 2.55 million barrels per day of oil and gas from 2.58 million barrels per day last year  More »

Tanzania’s energy minister says his African nation seeks U.S. partnership

The energy minister for Tanzania is in Houston seeking oil and gas investment in the East African nation.  More »

ConocoPhillips closes $1.5 billion sale of upstream Nigerian assets

ConocoPhillips has completed the $1.5 billion sale of its Nigerian upstream business to Lagos, Nigeria-based Oando Energy Resources, the company said Wednesday.  More »

Apache stays strong in Egypt

Despite political turmoil that has rocked Egypt for most of this decade — the 2011 revolution that overthrew longtime strongman Hosni Mubarak and last year’s ouster of elected President Mohammed Morsi — Apache executives remain enthusiastic about their prospects there and say the political situation hasn’t affected production.  More »

Nigerian fishermen reject Shell’s $50 million

Shell already accepts responsibility for paying compensation and cleaning up spills caused by its own failures.  More »

‘Big Men’ follows West Africa’s conflict over oil riches (video)

“Big Men”, now playing at Sundance Cinema in downtown Houston, follows the conflict between militants, government and business for the riches that flow from West Africa’s oil wealth.  More »

UN: Oil search in Northern Somalia risks stoking tension

Two semi-autonomous areas of northern Somalia have largely avoided the violence that’s plagued the rest of the country for decades. Now oil exploration may change that, according to the United Nations.  More »
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