Iran's Petroleum Engineering and Development Co. signed a $200 million contract today with a domestic company, Dana Energy, to develop the Changooleh oil field, Tehran Times reported. Based on the agreement about ...
ABUJA, Nigeria, Feb. 6 (UPI) -- Attacks on Nigerian oil production will be used to drive energy companies from the Niger Delta, a militant group said. The Movement for the Emancipation of the Niger Delta took ...
The 6th Annual Africa Economic Forum will include the 13th Southern Africa Oil, Gas& Energy Conference, as three intensive break-away sessions. These will focus on oil/gas exploration/development both offshore and onsho ...
... Feb 6 (Reuters) - Randgold Resources is pointing to Congo as the next area to fuel growth for the gold sector, eyeing prospects similar to those of booming West Africa as the miner nears production for Kib ...
South Africa could play a key role in helping Africa to live up to its potential and attract the foreign direct investment (FDI) it needs to accelerate growth and development, said Michael Lalor, director of E ...
The ECOWAS Commission supports ongoing efforts by the government of Cote d'Ivoire for the return of the headquarters of the African Development Bank (AfDB) to Abidjan, following its temporary relocation to Tunis over th ...
By Paul Ingrassia and Tom Pfeiffer | CAIRO (Reuters) - Egyptian telecoms magnate Naguib Sawiris wants to get back on the acquisition trail, eyeing businesses in Europe, the Middle East and Africa after selling a chunk of as ...
The African Development Bank is to approve a 231 million US dollar loan for the Ethiopia-Kenya power interconnection project said officials from the bank. The board of directors of the African Bank will be exp ...
Russia's LUKOIL is set to become the only foreign operator of the West Qurna-2 oil project in Iraq after its partner, the Norwegian Statoil Company, has expressed readiness to cede its share in the consortium to Russia. ...
South African power utility Eskom will start implementing an innovative demand response aggregation pilot programme (DRAPP) this month with the intention of securing 500 MW of buy-back contracts from as many as 1 000 indust ...
