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Jonathan names his team

18 March 2010 08:34 GMT

Nigeria's Acting President Goodluck Jonathan will send a list of ministerial nominees for Senate approval by early next week and is likely to reappoint around half of the Cabinet, according to reports.

Zuma eyes Uganda oil wealth

South Africa President Jacob Zuma will visit Uganda on 25 March with a business delegation to scout for investment opportunities in the country's budding oil sector, Maggie Kigozi, the executive director of the state-run Uganda Investment Authority said.

Jonathan sacks Nigeria Cabinet

Nigeria's Acting President Goodluck Jonathan dissolved the Cabinet today in a further step to assert his authority just over a month after assuming executive powers.

Sudan hangs two for oil killings

Sudan executed two people convicted of killing four oil workers, two of them Chinese, in one of the country's most energy-rich regions, state media reported today.

Soco preps historict DRC wildcat

UK-based Soco International will begin exploring for oil in Democratic Republic of Congo in July in what will be the country's first onshore-only drilling project in 40 years, a company official said today.

Wah Seong eyes Nigerian pipe-coater

Malaysia’s Wah Seong is reportedly in talks to acquire a pipe-coating business in Nigeria to tap demand for its products amid increased exploration.

Watchdog claims Sudan sums don't add up

UK-based international resources watchdog Global Witness today claimed that large discrepancies persist between the oil production data published by the government of Sudan and those published by the main Chinese oil company operating in the country.

Angola may open oil bid rounds

Angola could re-open a bidding round for oil exploration next year, Oil Minister Jose Botelho de Vasconcelos said in an interview in Vienna today.

Total hopes for Tullow tie-up

French giant Total is seeking to join Tullow Oil exploring for oil in the eastern sector of the Democratic Republic of Congo, a company official said.

Libya lines up new hydrocarbon law

Libya is drafting its first new framework hydrocarbon law in more than 50 years, its top energy official said in an interview, but he did not say if it would change conditions for foreign oil companies.

Angola to ask Opec for exemption

Angola does not expect Opec to change output targets at tomorrow's meeting in Vienna, but said it may once again ask the group to allow it to be exempt from its output quota.

EGPC on the cash hunt

State-owned Egyptian General Petroleum Corporation (EGPC) has mandated Arab African International Bank to raise a 500 million Egyptian pound ($91 million) loan, the bank said today.

Explosions hit Niger Delta talks

Nigerian militants detonated at least two car bombs outside a government building in the southern oil city of Warri today where talks were being held about implementing an amnesty programme.

Gabon workers back off strike

15 March 2010 00:33 GMT

Nigeria approves $1bn disbursal

12 March 2010 18:40 GMT

LNG Japan takes Brass slice

11 March 2010 18:30 GMT

Libya eyes non-US energy partners

10 March 2010 10:58 GMT

Gabon oil union threatens strike

11 March 2010 19:04 GMT

Sao Tome launches 19 oil blocks

03 March 2010 14:06 GMT

Libya demands US apology

03 March 2010 15:26 GMT

Chariot lifts Nambia estimate

02 March 2010 08:15 GMT

Rak snaps up Tunisia acreage

01 March 2010 15:40 GMT

Dominion cashes up

01 March 2010 12:34 GMT
americas

OSX raises $1.58bn as IPO fizzles

OSX Brasil raised 2.82 billion reais ($1.58 billion) in its initial public offering yesterday, less than expected and a setback to billionaire Eike Batista, who controls the start-up shipbuilding and oil services provider.

europe

Songa files for bankruptcy

Norwegian company Songa Floating Production has filed for bankruptcy after its attempts to raise cash to service its debts failed.

Middle East & North Africa

Gulfsands ‘set to knock back bid’

Syria-focused explorer Gulfsands Petroleum is today set to turn down a preliminary takeover approach, according to media reports.

FSU & Russia

'No Kovykta pay-out for TNK-BP'

TNK-BP will not be compensated for its investment at the Kovykta gas field should its licence be revoked, Natural Resources & Environment Minister Yuri Trutnev said.

asia & oceania

Hoki repairs to take longer

Australia’s AWE said today that repair work on the semi-submersible Kan Tan IV would take longer than expected, further delaying drilling of the Hoki-1 well off New Zealand.

Regions

Songa files for bankruptcy

Norwegian company Songa Floating Production has filed for bankruptcy after its attempts to raise cash to service its debts failed.

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