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Jacob Zuma’s government has stuck to a conservative budget and remains committed to further reforms to the state sector, notably of the electricity industry.

ERHC ENERGY: AIM listing plans; TG WORLD: Loan facility, Niger hopes

More heads could roll following the crisis at Sonatrach as rival factions battle it out. Following the arrests that have savaged state hydrocarbons company Sonatrach’s senior management team, energy and mines minister Chakib Khelil stands at the centre of the ‘perfect storm’ that has engulfed Algerian politics (AE 179/1).

The discreet but intense battle between Tullow and Eni over the sale of Heritage Oil’s Uganda acreage, and investigations and mud-slinging around Ghana’s Jubilee field show how politics can severely complicate the oil industry’s approach to new frontiers, write Thalia Griffiths, Our Accra Correspondent and Jon Marks

The government is determined to hold a licensing round by year-end for onshore and offshore fields – as forecast by African Energy (AE 179/19) – in a very difficult political environment.

Investigations into the business dealings of chairman Mohammed Meziane, three influential vice presidents and other senior executives point to corruption at the highest levels of Sonatrach.

Cameroon hopes to license blocks in the potentially oil-rich Bakassi peninsula following settlement of the long-running border dispute with Nigeria.

Speculation is growing that the political order has changed in important ways in recent weeks, during which ailing President Umaru Musa Yar’Adua has remained in Saudi Arabia for medical treatment amid growing concern that a dangerous power vacuum is growing. Most analysts still believe Yar’Adua will hold on to his job for as long as he lives

Critics argue that for all the talk of reform in the past two decades, elements of the Algerian state remain rotten at their core. Other observers say the situation has improved markedly during the Bouteflika years, and “technical irregularities” of the sort that have overwhelmed Sonatrach’s senior cadres will be quickly overcome. According to Algerian and international business sources contacted by African Energy,

Ethiopia in EITI, Guinea temporarily out; Big US fund divests Sudan related interests; French loan for Medupi turbines

The Christmas day attack on a flight bound for Detroit in the United States by well-heeled Nigerian student turned radical jihadist Umar Farouk Abdulmutallab was an acute embarrassment to the Nigerian government. It not only forced the US Transportation Security Administration to add the Nation to its watch list of 14 countries

World leaders failed to secure a binding global treaty on reducing carbon emissions at the UN Climate Change Conference in Copenhagen – not least due to opposition from a radical group including Venezuela and Sudan, as well as differences between global giants led by the United States and China. Leaders did secure a deal to limit

Not for the first time, the availability of financing for African energy players was split in 2009, between commercial banks seeking structured oil deals and power projects largely dependent on official funders, writes Kevin Godier

African Energy’s Atlas 2010 charts patterns of activity in key sectors of the continent’s energy industry in maps and analysis that give an overview of recent developments and look ahead to trends in 2010 and beyond. The project has been led by cartographer David Burles, news editor Thalia Griffiths and publishing director Nick Carn

AFRICAN BANKING CORPORATION: AfDB credit; SONELGAZ: Algerian parastatal finance debate rolls on