Spotlight on Equatorial Guinea

Monday, November 2nd, 2009

Equatorial Guinea has become a significant oil exporter since the discovery and development of large offshore oil reserves in the mid-1990s. While oil production has increased from 5,000 barrels per ...


Cameroon: Total Awarded New Offshore Exploration Block

Tuesday, July 21st, 2009

 Total announces that its 75.8% - owned affiliate, Total Exploration & Production Cameroon, has been awarded by the Ministry of Industry, Mining and Technological Development of Cameroon the Lungahe exploration ...


Oil News from around the web, Crude oil for August 2009 delivery fell as much as $0.63, or 0.9%, to $66.10 a barrel on the New York Mercantile Exchange. Brent crude oil for August 2009 settlement dropped as much as $0.79, or 1.2%, to $65.86 a barrel on London’s ICE Futures Europe exchange

Friday, July 3rd, 2009

Kosmos Energy, a privately-held oil company with a stake in Ghana’s newly-discovered oil reserves, has been the subject of interest from China and India’s ONGC. Now Shell is rumoured to ...


Significant Gas Condensate Discovery in Colombia

Wednesday, June 3rd, 2009

 Total announces the discovery of a significant gas condensate field in the Niscota block of the Andes foothills, 300 kilometres north east of Bogota, Colombia. Total owns a 50% interest ...


African Oil and Gas Country Briefs

Thursday, April 16th, 2009

Nigeria Oil and Gas Industry The Nigerian National Petroleum Corporation (NNPC) manages the state-owned oil industry. The NNPC holds 49% in the Nigeria Liquefied Natural Gas (NLNG) Company. Foreign Company Involvement: British ...


Nigeria: Launch of OML 58 Upgrade Project

Thursday, October 30th, 2008

 Total announces that its subsidiary Total E&P Nigeria Limited (TEPNG), operator of the NNPC/TEPNG joint venture with a 40% interest, has launched the OML 58 upgrade project. Nigerian National Petroleum ...


Chevron Sells Fuels Marketing Businesses in Western Africa

Monday, September 22nd, 2008

SAN RAMON, Calif.--(BUSINESS WIRE)--Sept. 22, 2008--Chevron Corporation (NYSE:CVX) today announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell its affiliates in Benin, Cameroon, Republic of the Congo, ...