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Africa Oil Concessions 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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Latest Africa Oil Concessions News

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  • Transcript of a Conference Call on Angola with Sean Nolan, Senior Advisor in the African Department, and Lamin Leigh, Angola Mission Chief  5 Dec 2009 02:45 GMT
    ... was quite simple: the sharp drop in oil prices, which had been the key generator of ... that Sonangol, largely its accounts are in offshore financial centers, and even tax havens. This ... is indeed a limit on amounts of non-concessional borrowing that the government will undertake. The ...

  • Bank Crisis and the Limits of Sanusi's Capitalist Reforms [opinion] 5 Dec 2009 01:26 GMT
    ... So much has been written about the Nigerian bank ... consolidation, billions of dollars accruing from crude oil sales were handed over to these business ... Also, in 2007-08, Nigerian banks were given license to 'manage' over US$7 billion from the over ...

  • Tensions between Venezuela and Colombia continue 5 Dec 2009 05:50 GMT
    ... Dominican Republic's President Leonel Fernández has agreed to ... but this has implied the non-renewal of licenses, certificates and registrations of Colombian products," he ... to avoid the rationing of energy," the oil minister said. Martínez said that the decision ...

  • Senegal Grants Extension on FAR's Offshore Blocks 4 Dec 2009 15:35 GMT
    ... FAR has received notification of a Presidential Decree from ... balance being held by Petrosen (Senegal's National Oil Company). The extension and large working interest ... requested the current contractual period of the license be extended by one year to enable this ...

  • MOG Reports on E&P Activities for Italian Concessions 4 Dec 2009 21:44 GMT
    ... Economic Development to issue the Guendalina production concession by year-end 2009. As a result of ... in the Ministry's official bulletin. S.S. Bernardo permit -- exploration well Monte Grosso 2 ("MG2") ... The review was performed to identify exploration permits with high-risk and limited resource potential, so ...

  • Zambia: Riches to rags 4 Dec 2009 18:03 GMT
    ... declining in the early 1970s following the oil crisis of 1973 and the slump in ... by the British ‘Crown’. By 1920, major concessions had been secured by Rhode’s agents like ... several thousand per annum only for water licenses. An average of 13-28 cubic metres per ...

  • SMW Gold Announces Assay Results for Gold Deposits in Egypt 4 Dec 2009 19:00 GMT
    ... SMW Gold Announces Assay Results for Gold Deposits in ... occurrence of gold in the country. The licenses were granted under two production sharing agreements ... interview, Mr. Sameh Fahmy, Egypt's Minister of Petroleum and Mineral Resources, stated: "We have huge ...

  • SMW Gold Announces Assay Results for Gold Deposits in Egypt (MRW) 4 Dec 2009 19:11 GMT
    ... SMW Gold has been exploring for gold in Egypt ... occurrence of gold in the country. The licenses were granted under two production sharing agreements ... interview, Mr. Sameh Fahmy, Egypt's Minister of Petroleum and Mineral Resources, stated: "We have huge ...

  • Coltan, cash and oil 4 Dec 2009 18:06 GMT
    ... copper and 626,619 tons of cobalt Year concessions expected to come into production: 2013.’ The ... unless there are some secret reserves of oil, coltan or some other mineral needed desperately ... post-oil Nigeria. The event, Envisioning a post petroleum Nigeria, published a communique which was highly ...

  • Nigeria's bank crisis and the limits of Sanusi's capitalist reforms 4 Dec 2009 17:42 GMT
    ... Central Bank of Nigeria (CBN) Governor Lamido Sanusi's ... consolidation, billions of dollars accruing from crude oil sales were handed over to these business ... Also, in 2007–08, Nigerian banks were given license to ‘manage’ over US$7 billion from the over ...

  • Sound Oil says ends acquisition talks; shares plunge 4 Dec 2009 10:57 GMT
    ... * To focus on Indonesia, mulls other opportunities * Says ... on AIM lifted Dec 4 - Sound Oil Plc said it ended talks to ... contract and attract new investors into the licence as it sought to restart the stalled exploration ...

  • China, World Bank African factory plans: Zoellick 4 Dec 2009 03:46 GMT
    ... (6.6 billion euros, 6.04 billion pounds) in concessional loans to African states and a promise ... is interested in Africa only for its resources, including oil, to fuel a booming economy. China has also been ...

  • China, World Bank set sights on Africa 4 Dec 2009 03:51 GMT
    ... month pledged $US10 billion ($A10.78 billion) in concessional loans to African states and a promise ... is interested in Africa only for its resources, including oil, to fuel a booming economy. China has also been ...

  • World Bank talks on African factories 4 Dec 2009 05:14 GMT
    ... month pledged $US10 billion ($A10.78 billion) in concessional loans to African states and a promise ... is interested in Africa only for its resources, including oil, to fuel a booming economy. China has also been ...

  • China, World Bank in African factory plans 4 Dec 2009 06:33 GMT
    ... China last month pledged US$10 billion in concessional loans to African states and a promise ... is interested in Africa only for its resources, including oil, to fuel a booming economy. China has also been ...


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