Category archives for: Oil & Gas

Fuel Price Hikes Put Zimbabwe on its Knees

January 18, 2019//-Weary-looking Innocent Takura reclined in the seat of his small Honda sedan near the start of a kilometre-long petrol queue that sums up Zimbabwe’s deepening economic chaos.

African Petroleum Producers Call for Unity at Cape VII Congress

Cape Town, South Africa , January 17, 2019 – The African Petroleum Producers Organization (APPO) and its member countries have called for unity, cooperation and reform amongst oil producers ahead of the Cape VII Congress and Exhibition.

Sultan Awards Oil & Gas Exploration Concession to Italy’s Eni  

SHARJAH, Sharjah Government Media Bureau, January 14, 2019 – His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, yesterday received in his office Claudio Descalzi, CEO of Eni, Italy’s largest energy company.

Aker Energy Makes Successful Appraisal of Pecan 4A Field Offshore Ghana

January 10, 2019//-Aker Energy says its oil exploration in the Deepwater Cape Three Points block – Pecan-4A field in Ghana has been successful.

Is President João Lourenço’s Team Driving the Angolan Oil Rebound?

Johannesburg, South Africa, January 9, 2019/ — In December, I was accompanying OPEC Secretary General Mohammed Sanusi Barkindo and Africa Oil and Power CEO, Guillaume Doane on a working visit to Angola.

AFC Closes a €577 Million Syndicated Debt Facility for Côte d’Ivoire’s Oil Firm

Yamoussoukro, Ivory Coast, January 7, 2019//- Africa Finance Corporation (AFC), the leading infrastructure development finance institution in Africa, announced that in its role as Sole Mandated Lead Arranger it has successfully closed a €577 million debt financing facility for Société Ivoirienne de Raffinage (SIR) of Côte d’Ivoire.

Vivo Energy Ghana Appoints New Managing Director As Ebenezer Faulkner Bows Out

 Accra, Ghana, January 7, 2019 –Vivo Energy Ghana, the marketers and distributors of Shell branded products and services has appointed Ben Hassan Ouattara as Managing Director, effective 1st January, 2019.

Colombia Wrestles with Fracking conundrum

January 5, 2019//-Colombia hopes to exploit its hydrocarbons reserves to strengthen its energy and fiscal security. Abundant shale oil and gas reserves could change the outlook of the domestic industry for good – but authorities have yet to agree on the divisive subject of fracking.

5 Senegalese Entrepreneurs Selected for 6-month Business Incubation Program

Dakar, Senegal, January 3, 2019/ — Five young Senegalese entrepreneurs have been selected to receive six months of business incubation and $2,000 seed-funding to kick-start their business.

Lubricant Oil Growth Opportunities Remain Despite Switch to Electric Vehicles

December 24, 2018//-Lubricating oils have traditionally been one of the most attractive areas in the oil and gas value chain, but disruption is on the horizon with the rise of electrification in the transport sector.

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