During the meeting Danguene announced that his predecessor, Obed Namsio, had discreetly awarded the license in 2012 to China's CNPC which already operates the A block. Lescaut and Danguene tried to see Bozize to discuss a part ...
Turkey is negotiating the terms of cooperation with the U.S. company Chevron for joint activity in the field of energy in the Iraqi Kurdish autonomy, Hurriyet newspaper said on Tuesday. According to the newspaper, in particular, t ...
Indonesia and Papua New Guinea will develop oil and gas resources jointly, especially in the border areas, energy and mines minister Jero Wacik said Tuesday after a meeting with PNG's Minister for Public and State Investment B ...
Solo retains a 90 day option for a first right of refusal ("FROR") to participate in any future equity financing of Pan Minerals for the development of its West African oil production opportunities. The FROR will allow S ...
According to the 2012 BP Statistical Energy Survey, Africa had proven oil reserves of 132,438 billion barrels at the end of 2011, equivalent to 41.2 years of current production and 8.01 per cent of the world's reserves. The co ...
Gazprom officials are in Athens for talks on acquiring Greece's public gas distributor DEPA. Gazprom is already DEPA's major supplier and there are concerns the EU could block the deal in an attempt to limit Russia's p ...
SYDNEY, May 21 (UPI) -- Australian energy company Santos said it expects to produce 15,000 barrels of oil per day from its Fletcher Finucane project offshore Western Australia. Santos said it started oil production from the facili ...
Mining firm getting closer to acquiring Plains E&P. HOUSTON, May 21. 05/21/2013. By OGJ editors. Freeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Co. said a majority of Plains shareholders have a ...
According to the report, which was released in Abuja recently, Nigeria, which remains Africa's largest oil exporter and the world's 10th largest oil producer and accounted for more than 2.2 million barrels of crude oil per ...
The Namibian government and a Brazilian energy firm on Tuesday announced the first discovery of oil off the coast of Namibia, although not in commercial volumes. Reporting findings from an exploratory well in the Walvis Basin off ...
