African Oil & Gas News

Chevron Sale Puts 1400 Oil Jobs At Risk - Sky News

Oil related news in Africa - Tue, 03/09/2010 - 18:42

Globe and Mail

Chevron Sale Puts 1400 Oil Jobs At Risk
Sky News
Operations in Hawaii and Africa, outside South Africa, are also under review. Separatetly, Chevron said it was looking to cut 2000 staff worldwide this year ...
Chevron restructures refining, cutting 2000 jobsMarketWatch
Chevron to cut 2000 jobsCNNMoney.com
Chevron Lays Out Cut, SalesWall Street Journal
The Associated Press -Forbes -DailyFinance
all 371 news articles »

Uganda Opposition Party Wants Oil Deals Reviewed - Wall Street Journal

Oil related news in Africa - Tue, 03/09/2010 - 18:11

Reuters South Africa

Uganda Opposition Party Wants Oil Deals Reviewed
Wall Street Journal
KAMPALA, Uganda (Dow Jones)--Uganda's largest opposition party has called for greater transparency in oil production sharing agreements and wants existing ...
Uganda may not allow Tullow Oil to list on stock exchangeGhana Business News
Ugandan bourse may exclude Tullow Oil from indexReuters South Africa
Total, Cnooc Will Present Revised Ugandan Plans Next WeekBusinessWeek
Financial Times -Alibaba News Channel -Benzinga
all 28 news articles »

Energy stocks lose ground on weaker oil prices - MarketWatch

Oil related news in Africa - Tue, 03/09/2010 - 17:26

RTT News

Energy stocks lose ground on weaker oil prices
MarketWatch
Chevron plans to exit 53 more market in its refining business, including Europe, Caribbean and Africa as well as Hawaii. It'll cut its markets to 40 from 93 ...
Consolidation Likely As Traders Look Ahead With Cautious Optimism - RTTNews ...Trading Markets (press release)

all 16 news articles »

IMF chief says world must prepare for next crisis - BusinessWeek

Oil related news in Africa - Tue, 03/09/2010 - 17:25

Novinite.com

IMF chief says world must prepare for next crisis
BusinessWeek
Economic stimulus packages adopted around the world, including in South Africa, helped avert a greater crisis, Strauss-Kahn said. ...
Investing in Africa with ETFsWealth Daily
Strauss-Kahn to Plug IMF Successes in Africa TripBusinessWeek

all 392 news articles »

Nigeria May Push for Higher OPEC Oil Quota, NNPC Says - BusinessWeek

Oil related news in Africa - Tue, 03/09/2010 - 17:20

BusinessDay

Nigeria May Push for Higher OPEC Oil Quota, NNPC Says
BusinessWeek
Attacks by armed groups in the Niger River delta, home to Africa's largest oil and gas industry, cut more than 25 percent of Nigeria's crude production in ...
Nigeria: Military Begins Surveillance On Oil PipelinesAllAfrica.com

all 20 news articles »

BP expands Houston's role as it centralizes operations - Houston Chronicle

Oil related news in Africa - Tue, 03/09/2010 - 15:36

BP expands Houston's role as it centralizes operations
Houston Chronicle
Airy classrooms can simulate real-world conditions in oil fields and call on expertise from colleagues in, say, Trinidad or Africa, ...

and more »

Nigeria kidnappers free South African captive - BBC News

Oil related news in Africa - Tue, 03/09/2010 - 12:52

Nigeria kidnappers free South African captive
BBC News
A South African TV worker has been freed by Nigerian kidnappers a week after he was taken near the oil-rich Delta region. Nick Greyling, a sound engineer ...
Kidnapped S.African TV engineer released in NigeriaReuters
South African TV Channel Crew Member Released In NigeriaRTT News
SuperSport sound engineer released by kidnappers in NigeriaThe Richmark Sentinel
Africasia
all 95 news articles »

Slowing China challenges for resource investors - Reuters

Oil related news in Africa - Tue, 03/09/2010 - 11:26

Slowing China challenges for resource investors
Reuters
Speaking to the Reuters Mining and Steel Summit, Mobius said by phone from South Africa that risks from derivative contracts, capital flight that drains ...

and more »

Key Energy Services forms JV in Middle East - Forbes

Oil related news in Africa - Mon, 03/08/2010 - 14:57

ArabianBusiness.com

Key Energy Services forms JV in Middle East
Forbes
AP , 03.08.10, 07:49 AM EST HOUSTON -- Oil and gas rig company Key Energy Services Inc. on Friday said it expanded its business in the Middle East by ...
Key Energy Services in JV with Abu Dhabi's AlMansooriReuters
Key Energy pairs upUpstream Online
AlMansoori Signs Joint Venture with Key EnergyEye of Dubai (press release)
PR Newswire (press release) -American Chronicle
all 39 news articles »

Nigerian JRC rebel faction says it blew up Agip's Tura manifold - ISI - Emerging Markets (subscription)

Oil spills - Mon, 03/08/2010 - 14:17

Nigerian JRC rebel faction says it blew up Agip's Tura manifold
ISI - Emerging Markets (subscription)
Nigeria 's military confirmed an oil spill in the Niger Delta, but has had no contact with militants in the area. The JRC also claimed an attack on Royal ...

and more »

Indian Oil to Look Abroad, Diversify, to Cut Losses - Wall Street Journal

Oil related news in Africa - Mon, 03/08/2010 - 12:06

Nhan Dan

Indian Oil to Look Abroad, Diversify, to Cut Losses
Wall Street Journal
"Africa is our first preference," Indian Oil Chairman Brij Mohan Bansal told Dow Jones Newswires. "We are open to other continents too, as long as it is ...
India's ONGC May Borrow $10 Billion to Buy AssetsBusinessWeek
ONGC May Borrow $10 Bln. Over Next Decade For Overseas AcquisitionRTT News

all 12 news articles »

Petrofac '09 Net Profit +33%, Middle East Drives Growth - Wall Street Journal

Oil related news in Africa - Mon, 03/08/2010 - 11:44

Petrofac '09 Net Profit +33%, Middle East Drives Growth
Wall Street Journal
LN) said Monday its 2009 full-year net profit rose 33% following a record intake of new business driven by contracts from the Middle East and North Africa. ...

Searching for Zheng: China's Ming-Era Voyager - TIME

Oil related news in Africa - Mon, 03/08/2010 - 11:33

Searching for Zheng: China's Ming-Era Voyager
TIME
... over 100000 square kilometers of Kenyan waters for oil. That will be theirs, too. Africa, after all, holds more for China these days than exotic animals.

and more »

Strauss-Kahn to Plug IMF Successes in Africa Trip - BusinessWeek

Oil related news in Africa - Mon, 03/08/2010 - 11:17

The Guardian

Strauss-Kahn to Plug IMF Successes in Africa Trip
BusinessWeek
In November, the IMF approved a non-concessional $1.4 billion loan to Angola to boost foreign currency reserves and help Africa's second-biggest oil ...
African Markets - Factors to watch on March 8London South East

all 175 news articles »

Keeping with the African faith - Financial Times

Oil related news in Africa - Sun, 03/07/2010 - 23:32

Keeping with the African faith
Financial Times
As western governments attempt to tax their way out of fiscal straits, Africa's allure as an investment frontier can only grow, he believes. In the oil and ...
CNOOC, Total pitch oil plans to Ugandan governmentAlibaba News Channel
Uganda: Tullow to Be Isolated at the Country's BourseAllAfrica.com
Cnooc, Total Deliver Final Proposals To Uganda GovernmentBenzinga

all 9 news articles »

Communities give 14-day ultimatum to NOSDRA - Vanguard

Oil spills - Sat, 03/06/2010 - 13:32

Communities give 14-day ultimatum to NOSDRA
Vanguard
OIL communities in Warri, Delta State, have issued a 14-day ultimatum to the headquarters of the National Oil Spill Detection and Response Agency (NOSDRA) ...

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