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Africa Oil Consumption 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 Consumption News

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  • Tough times force OPEC members to close ranks 6 Dec 2009 13:07 GMT
    ... economic crisis and climate change talks force oil producers to be pragmatic and unified, analysts ... share of fossil fuels in total energy consumption directly threaten the interests of oil producers. ... — to 24.84 million bpd. On Friday, crude prices tumbled in volatile trade, succumbing to ...

  • Sudan despot embraces 'climate justice' in Copenhagen 6 Dec 2009 07:36 GMT
    ... in the Sudan. The state-owned China National Petroleum Corp. owns 40 percent, the largest share, ... tanker terminal. About 70 percent of Sudan's oil exports go to China, and account for ... just solutions must be based on "reducing overconsumption, particularly in the North; recognizing the ecological ...

  • New Zealand - A very important speech by farm boss Don nicolson 6 Dec 2009 00:31 GMT
    ... debt, solvency and credit. Excessive debt funded consumption has seen the United States brought to ... its infancy, yet the skills developed for oil and gas exploration are being applied. New ... paying more for direct energy and liquid fuel use from July 1 2010, yet the ...

  • Conservation of water: Desalination need of hour 5 Dec 2009 21:55 GMT
    ... an ecological credit crunch, thanks to reckless consumption of natural resources. “Ecological debtors” have been ... not only costly, but it is also oil intensive not to forget the pollution factor. ... water free urinal saves up to 40,000 gallons (151,000 litres) or more of fresh water ...

  • OPEC to convene in Angola on December 22 4 Dec 2009 15:55 GMT
    ... VIENNA, Dec 4 (KUNA) -- OPEC oil ministers are poised to meet in Luanda, ... produces over two thirds of world oil consumption, decided on September 9 to keep its ... OPEC Secretariat calculations. Meanwhile, Organization of Arab Petroleum Exporting Countries (OAPEC) oil ministers are expected ...

  • Policy Shift Opens Door for Cheaper Fuel Options 1 Dec 2009 15:54 GMT
    ... a move that will cushion motorists against oil products' price volatility and offer local alcohol ... since ethanol is now cheaper compared to crude prices," said Mr Mwirichia in an interview ... ethanol per year, compared to annual petrol consumption of 3.2 billion litres. But the production ...

  • Moody's upgrades integrated oil sector to 'Stable' from 'Negative' on rising demand conditions 3 Dec 2009 15:28 GMT
    ... NEW YORK (AP) - Integrated oil companies appear to have reached a bottom ... results into 2010. Growth in global oil consumption should help keep prices around $75 over ... $75 over the next year, Moody's said. Crude oil prices have more than doubled from ...

  • Moody's revises integrated oil sector outlook to 'stable' 3 Dec 2009 09:59 GMT
    ... cash flow generation across the global integrated oil and gas industry appear to have bottomed ... the resumption of growth in global oil consumption, fuelled by buoyant demand in developing economies ... their recent trading level of USD75 per barrel," explained Francois Lauras, Vice President-Senior Credit Officer ...

  • Imports cripple Nigeria 2 Dec 2009 05:56 GMT
    ... recent decades relied more and more on oil, becoming a net importer of even the ... production, the government in October banned the consumption of foreign alcohol at official events as ... the discovery of oil in the 1950s, crude export took over as the major export ...

  • The Battle for Angola's Oil 1 Dec 2009 15:12 GMT
    ... Under Dos Santos's watch, since 1993, Angola's oil reserves have flowed into the coffers of ... and distribution tactically shifted to Beijing, and consumption going to countries like the United States. ... Already, Africa almost 20% of the America's crude oil imports, supplied by oil-producing giants such ...

  • Uganda poised to join 50 top global oil producers 30 Nov 2009 21:51 GMT
    ... Uganda poised to join 50 top global oil producers Uganda is likely to be a ... of oil in five years. However, waxy crude oil will require heated pipeline for transport, ... to be built to feed growing local consumption that is now supplied by imports from ...

  • Kenolkobil Wins Oil Supply Tender But Raises Concerns Over Piracy 30 Nov 2009 20:03 GMT
    ... won the Kenyan government tender to deliver crude oil and diesel in the month of January ... for refining at the Mombasa-based refinery for consumption in the local and neighbouring markets. The ...

  • Unbridled imports crippling Nigeria 1 Dec 2009 05:10 GMT
    ... recent decades relied more and more on oil, becoming a net importer of even the ... production, the government in October banned the consumption of foreign alcohol at official events as ... the discovery of oil in the 1950s, crude export took over as the major export ...

  • African Markets - Factors to watch on Dec 2 2 Dec 2009 06:30 GMT
    ... Tuesday. Tanzania wants to boost domestic coffee consumption, replace old tree varieties and keep farmers ... metals report click on For the latest crude oil report click on Copyright Thomson Reuters 2009. ...

  • Biofuels: Hope or Hype? 3 Dec 2009 14:02 GMT
    ... that it is leaning toward increasing the biofuel "blend wall," the amount of ethanol allowed ... run on ethanol from corn, but Standard Oil and its fossil fuel cohorts, seeing the ... we can consume our way out of over-consumption.” In March, the U.S. EPA, Department of ...


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