ACCRA: Ghana looked to defy the trends which have plagued other west African oil producers, replacing graft and waste with prudent spending, but two years after production began there is reason to worry, new reports said.
21 Aug 2013
PARIS, FRANCE: French oil giant Total says it will start work on an oil field off the coast of Nigeria, in a rare expansion by a multinational company. Other companies are increasingly parting with assets in Africa's biggest crude producer.
24 Jun 2013
Africa's oil and gas industry is poised for momentous growth despite regulatory and political challenges‚ according to a PricewaterhouseCoopers (PwC) report released on Wednesday (19 June)
20 Jun 2013
ABIDJAN COTE D'IVOIRE: A French tanker has been hijacked by pirates off Ivory Coast, port authority officials in the economic capital Abidjan confirmed on Monday (4 February).
5 Feb 2013
Continued global uncertainty‚ coupled with internal factors such as drought and associated food shortages‚ threaten Africa's economic growth prospects‚ warns International Monetary Fund's (IMF) managing director Christine Lagarde.
Ntsakisi Maswanganyi 8 Jan 2013
LAGOS, NIGERIA: A probe alleging Nigeria has lost out on tens of billions of dollars in recent years through questionable practices in Africa's biggest oil-and-gas industry has stirred controversy and calls for action.
26 Nov 2012
Nigerian indigenous petroleum exploration and development firm, SEPLAT Petroleum Development Company Limited has unveiled its plans to celebrate this year's World Environment Day, which takes place annually on 5 June.
5 Jun 2012