If someone were to put me on the spot and ask me to name an environmentalist group, I'd probably blurt out the first thing that comes to mind, Greenpeace...
NJ Ayuk 19 Apr 2021
Uganda, Tanzania and oil firms Total and China National Offshore Oil Corporation have signed agreements to kickstart the construction of a $3.5bn 1,440 Kilometers long crude oil pipeline...
Total has acquired Tullow Oil's entire interests in Uganda Lake Albert development project including its East African Crude Oil Pipeline for an overall consideration of $575m...
The African Development Bank Group has approved a long-term senior loan of $400m for an integrated liquefied natural gas (LNG) plant, including a liquification facility in Mozambique...
Uganda is aiming to increase international investment in its oil-rich energy sector, with its second oil and gas licensing round for the exploration of five blocks in the Albertine Graben...
Africa is one of the few regions where demand for oil and oil products is expected to grow significantly over the next two decades...
The new year brings a new set of dynamics and challenges set to influence the future of the energy industry, from presidential elections to megaprojects developments, amidst intensifying international competition...
NJ Ayuk 21 Jan 2019
The government of Uganda has signed the contract for the construction of the $4bn oil refinery, offering further clarity on how the country's oil resources will be exploited...
Jeff Mbanga 12 Apr 2018
China's growing interest in Africa has resulted in huge capital flows into the continent. From multi-billion dollar investments in oil and minerals, to the influx of thousands of merchants, labourers and cheap consumer goods, China's economic and political reach is redefining Africa's traditional ties with the international community.
Samuel Teye-Larbi Amanor 6 Sep 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.
The 11th Fortune/Time/CNN global forum, 'The New Global Opportunity' will convene global policy leaders with the presidents, chairs and CEOs of the world's largest companies to discuss business, economic and social opportunities in the developing world. It will be hosted at the Cape Town International Convention Centre (CTICC) from 26-28 June 2010 and is sponsored by Trilogy (presenting partner), Investec Asset Management, Hewlett Packard, Herman Miller, Symantec and McKinsey & Company.
Nigeria is being urged to take a tougher stance in negotiating oil contracts with China, including an insistence that technology and skills transfers become part of the deals.
Tania Ghosh 20 Oct 2009
A Chinese state-owned oil company is negotiating drilling rights for several onshore oil blocks in Nigeria, the Financial Times reports yesterday, 29 September 2009. China's CNOOC is said to be attempting to buy six billion barrels of oil, equivalent to one sixth of Nigeria's proven reserves.
Strange things have been happening in oil markets of late, leading to massive hikes in fuel prices in countries around the world, including South Africa. And even though our fuel price has just dropped, the future still looks ‘interesting'.
Matthew Hulbert & Tariq Akbar 3 Sep 2008