Africa Crude Oil News

Africa Crude Oil News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Africa Oil & Gas.

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OPEC unlikely to alter crude oil output levels 6 Dec 2009 07:54 GMT
... Associated Press CAIRO — Saudi Arabia’s oil minister said Saturday that current global oil ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world’s crude, has held its quotas unchanged since last ...
Oil And Gas Driven Industrialization 6 Dec 2009 05:10 GMT
... – Ghana’s Model Of Petroleum Resource Management by Mohammed Amin Adam Centre ... Policy Statement the plan to develop an Oil and Gas Industrialization Plan as a sustainable ... not be consistent due to volatilities in crude oil prices. Therefore, annual revenues may not ...
Saudi minister says oil prices 'perfect' 6 Dec 2009 09:48 GMT
... CAIRO: Saudi Arabia's oil minister said current global oil prices are ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...
Oil prices 'perfect,' Saudi minister says 6 Dec 2009 09:51 GMT
... The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ... cuts. "The price is perfect," said Saudi Oil Minister Ali Naimi, whose country sits atop ...
Shell faces damages claim over oil spill in Nigeria 6 Dec 2009 06:51 GMT
... news ticker. Shell faces damages claim over oil spill in Nigeria THE HAGUE: Oil giant ... caused widespread environmental and social damage. "The crude oil which poured for days from the ... a case concerning its subsidiary, the Shell Petroleum Development Company of Nigeria. "There's no reason ...
Saudi Arabia hails perfect oil price 6 Dec 2009 06:18 GMT
... Saudi Arabia says oil prices are 'perfect' and the global market ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ... October, prices jumped above $US80 before easing. Crude prices tumbled on Friday in volatile trade, ...
Sinopec, Exxon sign deal for Papua New Guinea gas 6 Dec 2009 04:35 GMT
... BEIJING (AP) - State-owned Sinopec Corp. said Friday ... a flurry of foreign deals to secure fuel for China's booming economy. The liquefied natural ... as China Petroleum&Chemical Corp., is China's second-biggest oil and gas company and Asia's biggest oil ...
Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
... Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said Saturday that international ... the area of research and exploration," said Egyptian Minister of Petroleum Sameh Fahmi. Fahmi, who ...
No objections within OPEC to output rollover: Libya 6 Dec 2009 03:52 GMT
... CAIRO: Libyan Oil Minister Shukri Ghanem said here on Saturday that ... a meeting of the Organisation of Arab Petroleum Exporting Countries in the Egyptian capital have lent their support to keeping ...
TOR's distillation plant is operational - Managing Director 6 Dec 2009 06:30 GMT
... Accra, Dec. 6, GNA - The Tema Oil Refinery (TOR) has enough crude stock to process in the next two ... freshly been supplied by the Ghana National Petroleum Corporation. "We'll start processing this hopefully on ...
TOR's distillation plant is operational - MD 6 Dec 2009 08:30 GMT
... Accra, Dec. 6, GNA - The Tema Oil Refinery (TOR) has enough crude stock to process in the next two ... freshly been supplied by the Ghana National Petroleum Corporation. "We'll start processing this hopefully on ...
Oapec members agree to maintain quotas 6 Dec 2009 06:59 GMT
... support for maintaining production quotas, saying the oil price is satisfactory and the market is ... the market is stable. Ministers of Arab Petroleum Exporting Countries (Oapec) attending a meeting in ... jumped above $80 a barrel before easing. Crude prices tumbled on Friday in volatile trade, ...
Arab OPEC members agree to maintain production 6 Dec 2009 03:52 GMT
... CAIRO: OPEC heavyweights led by kingpin Saudi Arabia on ... support for maintaining production quotas, saying the oil price is satisfactory and the market is ... above 80 dollars a barrel before easing. Crude prices tumbled Friday in volatile trade, succumbing ...
LUANDA 22 Dec 2009 Angola hosts 155th OPEC meeting 6 Dec 2009 05:18 GMT
... to offset weakness in the price of oil. Kuwait's oil minister, Sheikh Ahmad al-Sabah, told Bloomberg ... Bloomberg in October that the Organization of Petroleum Exporting Countries is likely to maintain oil ... the meeting. The members of OPEC are: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, ...
OPEC should stay cautious, nurture economy 6 Dec 2009 01:36 GMT
... it meets this month to decide its oil output policy as it needs to balance ... said on Thursday. The Organization of the Petroleum Exporting Countries, which pumps more than a ... and there were 165 million barrels of crude and products floating at sea -- equal ...

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The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
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Oil & Gas Prices News

Saudi Arabia: Oil prices in 'right range' [06 Dec 2009 - 08:40]
Saudi Arabia hails perfect oil price [06 Dec 2009 - 06:55]
Gas prices, Dec. 6 [06 Dec 2009 - 06:16]
Saudi oil minister: oil prices 'perfect' [06 Dec 2009 - 01:11]
Saudi hails 'perfect' price at Arab oil meeting [06 Dec 2009 - 00:29]

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Oil & Gas Companies News

Chevron latest to remove name from stations [06 Dec 2009 - 09:32]
McDowell and Yang tied for Chevron lead [06 Dec 2009 - 09:13]
Probe of fatal blast under way at Valero [06 Dec 2009 - 08:55]
McDowell, Yang Tied At Chevron [06 Dec 2009 - 07:56]
McDowell, Yang tiedfor Chevron lead [06 Dec 2009 - 07:36]

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Oil & Gas Trade News

Oil imports payment: SBP transfers 100 percent foreign exchange burden to banks [06 Dec 2009 - 00:11]
Canada says China to increase canola oil imports [05 Dec 2009 - 16:27]
Azerbaijan's oil exports via Russian pipeline up 110% in Nov. [05 Dec 2009 - 12:51]
India-UAE 2-way non-oil trade rises 53.4% in 2008-09 [05 Dec 2009 - 09:54]
OIL FUTURES: Crude Ends Near 2-Month Low On Stronger Dollar [05 Dec 2009 - 06:55]

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Oil & Gas Production News

OPEC unlikely to alter crude oil output levels [06 Dec 2009 - 08:40]
Saudi oil minister sees no change at OPEC meet - report [06 Dec 2009 - 08:39]
OPEC will not change production target - Saudi minister [06 Dec 2009 - 07:56]
Saudi oil minister sees no change at OPEC meet [06 Dec 2009 - 06:54]
Arab OPEC members agree to maintain production [06 Dec 2009 - 04:28]

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Oil & Gas Reserves News

Total dimissed from Iran gas field expansion [05 Dec 2009 - 23:29]
Lucas Oil Chili Bowl 2010 Kruseman and Bondio to Field Separate Entries [05 Dec 2009 - 19:12]
Iran dismisses Total from gas field bidding [05 Dec 2009 - 11:51]
Plano firm closes deal on oil field [05 Dec 2009 - 06:55]
Chevron and Tokyo Electric Sign Heads of Agreement for Wheatstone LNG Agreement Also Provides Utility a Stake in Gas Fields, Processing Plant in Northwestern Australia [05 Dec 2009 - 05:51]

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Oil & Gas Transportation News

Poroshenko: Ukraine ready to consider any options to expand existing gas transportation system [06 Dec 2009 - 05:11]
Task force to hasten gas pipeline projects [05 Dec 2009 - 18:12]
Proposed $4.5B oil pipeline would link oilsands to B.C. coast [05 Dec 2009 - 16:27]
Azerbaijan's oil exports via Russian pipeline up 110% in Nov. [05 Dec 2009 - 12:51]
Bulgaria ready to participate in both South Stream and Nabucco [05 Dec 2009 - 08:12]

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Drilling & Processing News

Oil refinery trial sells 1m tonnes [06 Dec 2009 - 07:56]
Near-Shore Oil Drilling: Slick Technology Sham [06 Dec 2009 - 05:31]
TAMM Oil and Gas Corp. Acquires Additional Land and Announces Planned Drilling Program [05 Dec 2009 - 17:28]
Natural Gas Market Review 2008 -- Optimising investments and ensuring security in a high-priced environment [05 Dec 2009 - 10:32]
Chevron and Tokyo Electric Sign Heads of Agreement for Wheatstone LNG Agreement Also Provides Utility a Stake in Gas Fields, Processing Plant in Northwestern Australia [05 Dec 2009 - 05:51]

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Environmental Issues News

Two dead in gas leak at Indore pharmaceutical unit [06 Dec 2009 - 09:14]
Two dead in gas leak at India factory [06 Dec 2009 - 08:40]
Shell faces damages claim over oil spill in Nigeria [06 Dec 2009 - 07:35]
Gas leak at Indore factoy, 2 dead [06 Dec 2009 - 05:55]
Natural Gas Market Review 2008 -- Optimising investments and ensuring security in a high-priced environment [05 Dec 2009 - 10:32]

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