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Crude oil for August 2009 delivery down 14 cents at $61.40 a barrel ;London Brent increased 16 cents to $63.25 ; Out of a total of 177 countries that were surveyed by a respected US group, Nigeria ranked 15th

Thursday, July 16th, 2009

Lagos State Governor, Babatunde Fashola (SAN) yesterday expressed condolence to the families of the officers and men of the Armed Forces who were victims of the recent attack on the ...

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 ...

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 ...

ExxonMobil and Africare Launch Three-Year Women’s Economic Empowerment Program in Chad

Thursday, December 4th, 2008

Supporting Women in Business Most Effective Way To Grow Economy N’DJAMENA, Chad--(BUSINESS WIRE)--ExxonMobil and Africare announced today that they have commenced work on a $1.75 million three-year project designed to ...

Oil Export Project Continues to Deliver Revenue and Create Jobs in Chad

Saturday, October 11th, 2008

N'DJAMENA, Chad--(BUSINESS WIRE)--Five years after oil was first produced from the Doba basin in southern Chad, the Chad Export Project continues to provide significant economic growth and development to the ...