Category: Africa

Repsol follows BP into Namibia on prospects for first oil

Repsol SA (REP), Spain’s biggest oil producer, is following BP Plc (BP/) into Namibia, a West African nation with no proven oil reserves.  More »

Nigeria regulator seeks to fine Shell $5 billion

A Shell spokesman said the company did not believe there was “any basis in law for this fine.”  More »

Official: 95 killed in Nigeria fuel tanker fire

A Nigerian government agency says 95 people have died after a fuel tanker caught fire and exploded.  More »

Kenya’s deepwater debut heralds east Africa’s first oil

Apache Corp. (APA) will drill Kenya’s first deepwater oil well next month, a prospect that could add a $70 billion crude find to the record natural-gas discoveries along East Africa’s coast.  More »

Eni blames ‘sabotage’ for oil spill in Nigeria

Italian oil major Eni SpA has blamed sabotage for a spill from one of its pipelines in Nigeria’s oil-rich southern delta.  More »

Ghana expects to invest $20 billion in oil with Tullow and Anadarko

“We will raise the money in collaboration with our partners,” said Nana Boakye Asafu-Adjaye, chief executive officer of the Ghana National Petroleum Corp., in a July 3 interview in the capital, Accra. “We have made clusters of discoveries and these need to be developed.”  More »

To Be Or Not To Be: Global Energy And Cellulosic Ethanol (And Unicorns)

Well, no it isn’t (the question, that is). It is more of a statement or affirmation, as this post takes a look at two charts from two recent releases, BP’s Statistical Review of World Energy and the EIA’s Annual Energy Outlook , to show two contrasting themes. One chart illustrates key consumption levels, and the other illustrates […]  More »

Was Rio Conference Worth It?

The adopted “Rio+20″ agreement, adopted by numerous countries on June 22 has been panned mercilessly by many environmental and human rights groups as doing too little too late. They have substituted their own nickname for the document: “The Future We Don’t Want.” (proposals for the document had been entitled: “The Future We Want.”) What is […]  More »

Anadarko expands massive Mozambique discovery

Anadarko’s Golfinho exploration well hit more than 193 net feet of natural gas pay offshore Mozambique, the company announced Tuesday.  More »

Shell shuts down major pipeline Nigeria over theft

Royal Dutch Shell PLC says it has shut down a major pipeline running through Nigeria’s oil-rich southern delta because it had been repeatedly targeted by thieves.  More »

Opportunities and Challenges Lie Ahead for Liberia’s Nascent Oil Sector

The recent announcement of the discovery of oil off the coast of Liberia has spurred widespread public interest and international engagement. Re-elected for her second term in January 2012, President Ellen Johnson Sirleaf is the first female president in Africa and a recipient of the Nobel Peace Prize in 2011. Much is at stake for […]  More »

Shell looks at $4B in possible projects in Nigeria

Officials with Royal Dutch Shell PLC say they are looking at possible onshore investments in Nigeria that could be worth about $4 billion.  More »
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