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Oil and gas

 

news by category: Oil and gas

Found 39 articles.

Displaying 21-30 out of 39 results.

The biggest reform of all

President Umaru Musa Yar’Adua’s government is trying to win support for its new oil law by offering Delta communities a stake in the business

The Petroleum Industry Bill (PIB), which President Umaru Musa Yar’Adua’s supporters are trying to steer through the National Assembly, is meeting massive opposition from the major ...


Big oil and small print

The differences seem to be narrowing between the presidency and the critical stakeholders: indigenous and international oil companies, the Nigerian National Petroleum Corporation (...


Oil without borders

The drama surrounding oil reserves on the Ugandan and Congolese sides of Lake Albert came to an end in April with London's Heritage Oil and Gas and Ireland's Tullow Oil still the m...


Big oil, dear oil, new oil

The hundred-dollar barrel has boosted both Africa's national oil companies and ambitious resource nationalists. Algeria, Angola, Egypt and Nigeria see their national oil companies as potential instruments of diplomatic and economic power - as long as the oil and gas markets favour the sellers. Africa's oil producers want more control and money from contracts, and they want more oil to be refined locally.

Present performance varies widely in quality. Nigeria (see Box) has the biggest reserves and a poor record. Its government plans to introduce new rules stipulating that internation...


Books on the boom

Africa's oil boom has inspired three very different books, which investigate the links between the billions of petrodollars and the persistent poverty and oppression reigning in so many oil-rich states.

Africa produces far less than the Middle East: around 2.6 million barrels a day from Nigeria and close to 2 mn. b/d from Angola by the end of 2008, compared to Saudi Arabia's 9 mn....


Gushing higher

Although oil prices are heading downwards, investors and explorers resolutely talk up Africa's energy prospects

A shakeout in Africa's oil and gas industry is in prospect this year with drilling planned to test new plays from Kenya to Guinea-Bissau, along with a wave of consolidation amongst...


Wayne Fredericks

We were sad to hear of the death on 18 August of Wayne Fredericks, a member of Africa Confidential's editorial board, aged 87. Wayne was one of the last survivors of a remarkable g...


Displaying 21-30 out of 39 results.