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04.09.2014 US Shale Boom Could Hit Africa's Oil Producers

Section: News
Tags: Foreigners; money; Africa; Sub-Saharan; oil; gas; discovery; Asian markets; China; India US shale; oil producers

Foreigners have been pouring money into Africa. Last year, foreign direct investment in Sub-Saharan nations hit a near record US$43 billion, boosted by new oil and gas discoveries.

02.04.2014 Russian Rosneft's Siberian oilfield start delayed

Section: News
Tags: Rosneft; Sechin; Yurubcheno-Tokhomskoye; Asian markets; Far East; VNHK

Rosneft plans to start production at its Yurubcheno-Tokhomskoye oil field in eastern Siberia in 2017, the company said on April 1, another delay for a field key to Russia's efforts to at least keep oil production at current levels, Reuters has reported.