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Africa Oil Market News

Africa Oil Market 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 Market News

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Saudi hails perfect' price at Arab oil meeting 5 Dec 2009 13:18 GMT
... need to raise output for a while, Algerian Energy and Mines Minister Chakib Khelil said. ... of the global economic crisis on the oil market. The seven members of OAPEC that also ... Arabia and the United Arab Emirates. Bahrain, Egypt and Syria are OAPEC’s three other members. ...
Saudi hails "perfect" price at Arab oil meeting 5 Dec 2009 13:32 GMT
... state of the world economy and the oil market's rebound from a low of just above ... need to raise output for a while, Algerian Energy and Mines Minister Chakib Khelil said. ... Arabia and the United Arab Emirates. Bahrain, Egypt and Syria are OAPEC's three other members. ...
Crude Oil Declines to Seven-Week Low as the Dollar Surges 5 Dec 2009 07:18 GMT
... Dec. 4 (Bloomberg) -- Crude oil fell to a seven-week ... improving demand,” said , a director of oil markets at Energy Security Analysis Inc. in Wakefield, ... are flouting their official limits the most. Africa’s biggest producer boosted oil production to 2.6 ...
Riyadh hails 'perfect' price at oil meeting 5 Dec 2009 21:54 GMT
... CAIRO — Top oil exporter Saudi Arabia on Saturday ... need to raise output for a while, Algerian Energy and Mines Minister Chakib Khelil said. ...
OPEC to convene in Angola on December 22 4 Dec 2009 15:55 GMT
... it was still uneasy to gauge the oil market due to continuously fluctuating oil prices. The ... made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...
OPEC should stay cautious, nurture economy 4 Dec 2009 19:22 GMT
... on Dec. 22. Several members, such as Algeria, Kuwait and Qatar, have indicated OPEC may ... questions. "There is no doubt that the oil market remains complex and difficult to gauge. We ...
Crude slides after dollar cheers unemployment news 4 Dec 2009 22:17 GMT
... Crude oil declined as the dollar climbed on an unexpected ... demand,” said Rick Mueller, a director of oil markets at Energy Security Analysis Inc. in Wakefield, ... are flouting their official limits the most. Africa's biggest producer boosted oil production to 2.6 ...
OAPEC''s ministerial meeting to take place at crucial moment - Fahmy 3 Dec 2009 19:18 GMT
... CAIRO, Dec 3 (KUNA) -- Egypt's Minister of Petroleum Sameh Fahmy said that ... place at a crucial moment as the oil market is struggling against the impacts of the ... membership by 1982 to eleven states, namely Algeria (1970), Bahrain (1970), Egypt (1973), Iraq (1972), ...
Kuwait amenable to current oil prices - oil minister 3 Dec 2009 19:18 GMT
... Ahmad said what is happening in the oil market "does not reflect state of supply and ... Arab cartel. OAPEC groups Kuwait, Saudi Arabia, Egypt, the UAE, Qatar, Bahrain, Syria, Algeria, Iraq and Libya. At Sheikh Ahmad's reception ...
IEA says oil supply well balanced' 3 Dec 2009 15:56 GMT
... / December 3. 2009 3:19PM GMT The oil market is sufficiently supplied with crude despite high ... similar remarks from officials in Iran and Libya. Even without a formal change in limits, ... last month, led by more output from Nigeria and Saudi Arabia. The 11 members of ...
Copenhagen summit to boost Uranium appeal 1 Dec 2009 06:15 GMT
... States, the Russian Federation, Portugal, Namibia and Niger, but those seeking reliable supplies must needs ... it has its influence in the global oil market. Its government’s relative stability and investor friendly ...
Iran´s Nuclear Ambitions Highlight the potential of Uranium and Nuclear Power 1 Dec 2009 06:35 GMT
... States, the Russian Federation, Portugal, Namibia and Niger, but those seeking reliable supplies must needs ... it has its influence in the global oil market. Its government�s relative stability and investor friendly ...
Iran's Nuclear Ambitions Highlight Kazakhstan's Uranium Potential 30 Nov 2009 19:32 GMT
... States, the Russian Federation, Portugal, Namibia and Niger, but those seeking reliable supplies must needs ... it has its influence in the global oil market. Its government’s relative stability and investor friendly ...
Weak crude oil demand may pose risk to market 3 Dec 2009 23:29 GMT
... of an impending correction in the crude oil market. “Given the fragile state of the global ... in October, while crude oil production in Nigeria crossed 2 mbpd in November after a ...
Sasol sees 45% drop in interim earnings 3 Dec 2009 18:17 GMT
... Updated 2 hours 43 minutes ago South African synfuel producer Sasol on Thursday warned� that ... a letter to shareholders, Ramon noted that oil market balances had started to tighten and that the ...

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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]

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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\' 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]
Saudi Arabia hails 'perfect' oil price [05 Dec 2009 - 20:28]
Saudi minister calls current oil prices of around $75 'perfect' [05 Dec 2009 - 17:30]

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Oil & Gas Companies News

Federal investigators arrive at Valero after blast [05 Dec 2009 - 22:29]
Blast leaves 1 dead at Texas City Valero plant [05 Dec 2009 - 22:29]
Chevron Signs 20-Year Gas Deal With Tokyo Electric - Update [05 Dec 2009 - 22:10]
Graeme McDowell seizes lead at Chevron World Challenge [05 Dec 2009 - 21:29]
BP buys Rio stake in Abu Dhabi energy venture [05 Dec 2009 - 21:12]

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Oil & Gas Trade News

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]
Bolivian revenues from gas exports fall over $1 bn [05 Dec 2009 - 04:14]

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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

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]
Barbados government says oil exploration not a priority [05 Dec 2009 - 04:13]

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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]
EC Approves Financial Aid for Nabucco, Bulgaria Gas Pipe Links [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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