Search for Africa

09.06.2014 NLNG targets 10% of global LNG supplies

The Nigerian Liquefied Natural Gas (NLNG) has stated that it is targeting to increase its global supplies of LNG from the current seven per cent to 10 per cent when the Train7 is finally completed.

22.04.2014 U.S.-Africa Win, Europe Loses if Russian Energy Sanctioned

U.S. and African oil exporters may benefit if the West were to sanction Russia’s oil and gas sector, as international tensions continue to build over Ukraine. The EU would hurt as much as Russia, however, and the expected spike in international oil prices would plunge the world back into recession.

13.03.2014 Tullow stops work off Guinea as partner is investigated

Tullow Oil Plc (TLW), a U.K. explorer operating mostly in Africa, suspended work at a project off Guinea as its partner at the site is investigated, Bloomberg reported on March 12. 

29.10.2013 European Refiners Battle to Tap African Demand

Embattled European refiners face an uphill battle with U.S. and Asian competitors to supply Africa's rapidly growing appetite for fuel products as transatlantic shipping routes are redrawn, Reuters said on October 28.

09.10.2013 Tatneft Quits Libya

Tatneft has stopped working in Libya and evacuated all its employees who are Russian citizens. Ten employees who had been in Libya without their families returned home.

16.09.2013 Lukoil Spuds Offshore Sierra Leone

A new well has been spud off the coast of Sierra Leone by Lukoil Overseas and its partners Oranto and PanAtlantic. The well was spud on Block SL-5-11 using the Eirik Raude drilling rig in more than 2,000 meters of water.

28.08.2013 ONGC Buys Stake In African Gas Field

AFP reports that India's energy giant ONGC is buying a 10 percent stake in an offshore Mozambique natural gas field for $2.64 billion from the field's US operator Anadarko Petroleum, the two companies said.

23.08.2013 KCA Deutag Scores West Africa Contract

KCA Deutag reported signing two “significant” contracts recently valued at more than $165 million; one in West Africa and one in Norway.

20.08.2013 Kenya Planning East Africa’s First Oil Exports

Kenya is headed to become the first oil exporter in East Africa, moving in less than five years from being a have-not nation to the regional leader in cutting reliance on energy suppliers such as Royal Dutch Shell Plc.

09.08.2013 Soma Oil & Gas May Invest $20 Million to Survey War-Torn Somalia

Soma Oil & Gas Exploration Ltd., a U.K.-based company focused on Somalia, plans to invest about $20 million to survey the African nation rebuilding from decades of war, Chief Executive Officer Robert Sheppard said.