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Africa Oil Discovery News

Africa Oil Discovery 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 Discovery News

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Libya delays oil output capacity boost to 2017 5 Dec 2009 13:37 GMT
... Libya has delayed plans to raise its oil output capacity until 2017 because of budget ... earlier this week from Tripoli that US petroleum company Hess has discovered new gas deposits in the Gulf of ...
Libya delays oil output capacity boost to 2017: minister 5 Dec 2009 20:50 GMT
... AFP – Libyan Oil Minister Shukri Ghanem attends a meeting of ... a meeting of the Organisation of Arab Petroleum Exporting Countries ... has delayed plans to ... from that US petroleum company Hess has discovered new gas deposits in the Gulf of ...
Resource Cursed 5 Dec 2009 01:26 GMT
... Imagine a tiny country flush with oil money, where the wealth per person is on ... Guinea is a textbook case of the resource curse: The country's leaders have squandered its ... since the mid-1990s, when oil was first discovered there, elevating its wealth per capita to ...
Moody's mildly upbeat on crude 5 Dec 2009 20:35 GMT
... rosier view of business prospects for multinational oil companies amid forecasts of a recovery in global ... were higher than expected for the Guara field in Brazil highlighted the country�s oil potential, ... not reap big rewards from their recent discoveries. The Brazilian government was discussing a new ...
Showcase: Shining a Light 5 Dec 2009 22:14 GMT
... . At stake is control of the oil resources there. On the side of the border ... up for a new war.” Mr. Alvarez discovered photography as a student at the University ...
Shining a Light 5 Dec 2009 22:15 GMT
... . At stake is control of the oil resources there. On the side of the border ... up for a new war.” Mr. Alvarez discovered photography as a student at the University ...
Supermajors' resources might be drying up 30 Nov 2009 14:33 GMT
... the forefront the challenges facing the supermajor oil and gas companies. Despite dominating hydrocarbon development throughout the ... After 50 years, production rates in large fields are declining because of natural depletion while newly discovered reservoirs are in difficult-to-extract locations. Some NOCs, ...
Oil Supermajors' Resources Might Be Drying Up 30 Nov 2009 21:40 GMT
... can take upward of a decade from discovery to first production for projects that are ... to bear on these projects. Large independent oil companies, such as Anadarko ( , are often ... difficult reservoirs or boosting production at mature fields through enhanced oil-recovery techniques. Service companies can ...
Hess Provides Test Results Of A1-54/01 Well Offshore Libya 3 Dec 2009 17:10 GMT
... The Western Australian Department for Mines and Petroleum (DMP), as the delegate for the joint ... the winners of the working area of oil and gas supply and the working area ... Plc (Dana Petroleum) and its co-venturers have discovered oil in the Jetta sidetrack well (25/8-17 ...
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 out, helped ... term, Moody's believes that access to new resources will remain a key challenge for the ... the integrated majors, despite recent significant oil discoveries around the world. The companies also face ...
Petroleum Industry Bill to restore investors' confidence ' Yar'Adua 1 Dec 2009 20:53 GMT
... Petroleum Industry Bill to restore investors’ confidence — ... the confidence of investors in the nation’’s oil and gas industry. The President made the ... that new oil fields had to be discovered between now and December 2010. ...
Talisman Energy Encounters Oil At Exploration Block In Northern Peru 2 Dec 2009 16:13 GMT
... the winners of the working area of oil and gas supply and the working area ... cash sink to $383 mill ... Dana Petroleum Plc (Dana Petroleum) and its co-venturers have discovered oil in the Jetta sidetrack well (25/8-17 ...
Be mindful of security threats in oil find: Nana Nketsia 2 Dec 2009 11:34 GMT
... Be mindful of security threats in oil find: Nana Nketsia The discovery of oil and gas in Ghana comes ... the possible security threats that the oil field activities faced. The movement for the Emancipation ...
URA Eyes Shs700 Billion Tax Cash in Heritage Oil Deal 2 Dec 2009 17:46 GMT
... Eyes Shs700 Billion Tax Cash in Heritage Oil Deal Kampala, Dec 02, 2009 (The Monitor/All Africa Global ... first such oil cash gain since the resource was discovered here. Mr Paul Kyeyune, the spokesperson of ...
INTERVIEW-Algeria counters violent image to woo tourists 2 Dec 2009 20:23 GMT
... the tourism minister said in an interview. Oil and gas producer Algeria has thousands of kilometres (miles) ... reduction in the fiscal dependence on hydrocarbon resources." Last year Algeria attracted 1.7 million tourists, ... When foreign tour operators visit Algeria "they discover that Algeria is not the Algeria they see ...

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ERRA Inc Acquires Ergenics Corp To Commercialize Advanced Green Energy Technologies [02 Dec 2009]

11th Southern African Energy Conference 2010 provides a timely, in-depth management assessment for decision-makers on key strategic shifts that will impact all aspects within Africa's most energy-critical region [26 Nov 2009]

Bobby Tudor & Art Smith to Open and Close Playmakers [26 Nov 2009]

Worcester Polytechnic Institute New Online Power Systems Management Master of Science Degree [23 Nov 2009]

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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]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Oil & Gas Prices News

Saudi hails 'perfect' price at Arab oil meeting [06 Dec 2009 - 00:29]
Saudi Arabia's Al'Naimi Says Oil Price Is 'Perfect' [05 Dec 2009 - 23:28]
Saudi hails \'perfect\' oil price, stable market [05 Dec 2009 - 22:29]
Riyadh hails 'perfect' price at oil meeting [05 Dec 2009 - 22:29]
Current Oil Prices Perfect': Al Naimi [05 Dec 2009 - 20:29]

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Oil & Gas Companies News

McDowell, Yang Share Lead At Chevron [05 Dec 2009 - 23:50]
McDowell, Yang tied for Chevron lead [05 Dec 2009 - 23:50]
Chevron in $82bn Japan LNG deal [05 Dec 2009 - 23:29]
Govt Approves Transfer of Chechengaz, Chechengazprom to Gazprom [05 Dec 2009 - 23:28]
Gazprom Confirms Naftogaz Paid for November Gas [05 Dec 2009 - 23:28]

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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

Libya delays oil output capacity boost to 2017: minister [05 Dec 2009 - 21:28]
Chinese domestic natural gas production to reach 486 billion cubic meters by 2013 [05 Dec 2009 - 15:47]
Arab OPEC members agree to maintain production [05 Dec 2009 - 14:27]
Libya delays oil output capacity boost to 2017 [05 Dec 2009 - 14:09]
OPEC "OK" With $75 Oil [05 Dec 2009 - 13:29]

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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

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]
Bulgaria PM: We Are Ready to Participate in South Steam, Nabucco [05 Dec 2009 - 06:15]

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Drilling & Processing News

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Environmental Issues News

Natural Gas Market Review 2008 -- Optimising investments and ensuring security in a high-priced environment [05 Dec 2009 - 10:32]
Staples, Minn. / 210,000-gallon oil spill cleaned up [05 Dec 2009 - 07:32]
Oil pipeline spills 210,000 gallons near Staples [04 Dec 2009 - 23:23]
Gas Leak, Water Main Break On Crofton Roadway [04 Dec 2009 - 22:58]
Canada will be following U.S. President Barack Obama's lead at next week's Copenhagen climate summit, aligning its policy for cutting greenhouse gas emissions with that of the United States, the federal environment minister says. [04 Dec 2009 - 21:02]

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