Search results

Selected filters:

General

Type

Sector

Regions

Sort options

10,000 results found for your search

Issue 237 - 10 August 2012

Block 5A key to refinery plans

Subscriber

Part of the Muglad Basin, the 5A concession extends across central Unity State, into Warrap State to the west and Jonglei State to the east. The 54km2 Thar Jath field has estimated reserves of 250m bbls, according to a US Geological Survey report in 2009.

South Sudan
Subscriber

If Juba and Khartoum can set aside their differences and pave the way for a resumption of oil exports from South Sudan via the north, it will still be some considerable time before previous production levels are attained.

South Sudan
Issue 236 - 27 July 2012

Fire shuts Algerian mega gas field

Subscriber

An industrial accident in early July caused a total shutdown of Algeria’s biggest gas field for nearly eight hours. Two condensate storage tanks each with 14,000m3 capacity were destroyed in an explosion at Module No 1. Local media reported that the accident was due to a failure to control a small fire, which had broken out earlier the same day. The blast occurred while emergency response teams injected foam inside blazing gas holders to try to quash the flames.

Algeria
Subscriber

Record electricity consumption in mid-July has highlighted the basic weaknesses of beleaguered state utility Sonelgaz as it seeks to attract international support for its ambitious investment programme, writes Oualid Khelifi

Algeria
Free

The Opec Fund for International Development has approved a $12m loan to upgrade the 46MW Kotu thermal power station.

Gambia
Subscriber

Shell Nigeria Exploration and Production Company (SNEPCo) faces a potential $5bn fine for its Bonga offshore oil spill last December, when 40,000 bbls of crude leaked into the Gulf of Guinea.

Nigeria
Subscriber

President Alpha Condé’s election offers the prospect of democratic rule, but he faces an enormous task in developing his troubled state to meet voters’ and investors’ expectations, writes Thalia Griffiths, recently in Conakry

Guinea
Issue 236 - 27 July 2012

Ghana: PetroSA may buy Sabre assets

Subscriber

South Africa’s PetroSA is in talks to buy assets in Ghana from Sabre Oil and Gas, including a stake in the Jubilee field.

Ghana
Subscriber

Marathon Oil Corporation has signed a farm-out agreement with Africa Oil Corporation to acquire a 50% interest in Block 9 and a 15% interest in Block 12A. Africa Oil will remain as operator in Block 9, but Marathon Oil has the right to take over if a commercial discovery is made.

Kenya
Issue 236 - 27 July 2012

Ghana’s unfinished business

Subscriber

The death of Ghanaian President John Evans Atta Mills will have many repercussions, at home and abroad, one of which is to further postpone any settlement of the maritime border dispute with Côte d’Ivoire. Vice president John Dramani Mahama has taken over, but the government will be preoccupied with elections scheduled for December.

Ghana
Free

Sovereignty, governance and security remain the overriding priorities as Libya’s outgoing National Transitional Council (NTC) prepares to hand over power to the newly elected 200-member National Congress. The congress will be responsible for overseeing the next stage of Libya’s transition, leading to further elections next year once a constitution has been written and approved by a referendum. The congress and the executive that it will appoint once a ruling majority is formed must also kick-start economic and social development, without which the population will speedily turn against these new democratic institutions.

Libya
Issue 236 - 27 July 2012

ENI: Moody’s downgrade

Subscriber

Rating agency Moody’s Investors Service lowered Eni’s long-term corporate credit rating to A3 (outlook negative) from A2 on 16 July. It also lowered the company’s short-term credit rating to P-2 from P-1.

Subscriber

Frank Timis’ African Petroleum Corporation has signed a memorandum of understanding (MoU) with China National Petroleum Corporation subsidiary PetroChina International Investment Company.

Liberia
Subscriber

Sierra Leone has provisionally awarded eight blocks to a mixed bag of bidders following a licensing round which opened in December. A statement from State House on 9 July said the nine blocks on offer had attracted 59 applications.

Sierra Leone
Subscriber

Shell has pulled out of the protracted bidding for Cove Energy, but is expected to seek a share of Mozambique’s gas riches by another route

Mozambique