Africa


Angola looks to China as US oil exports drop

African nation looks East to boost local oil economy.

Tags: Africa, China, Forecasts, Lubes news

22nd May, 2013        

GOIL launches new segmented lubes range

Ghana's lube producer is using the latest oil tech with its newly launched, segmented engine lubes.

Tags: Africa, automotive industry, Lubes tech

20th May, 2013        

Gabon withdraws exports force majeure: Algeria faces oil jobs backlash

Gabon allows customers to take delivery of oil from the region, while Algeria faces a backlash over energy employment in the South.

Tags: Africa, Environment and Regulatory watch

29th March, 2013        

India and China bid for stakes Mozambique's Rovuma

ONGC and Oil India have bid for a 20% stake in Mozambique's lucrative Rovuma oil & gas field, but China is also staking a claim

Tags: Africa, China, CNPC, Corporate News, India

21st March, 2013        

South Sudan and Sudan oil export agreement

South Sudan will restart pumping, exporting oil after agreement with Sudan

Tags: Africa, Lubes news

14th March, 2013        

Hess to focus on exploration and production

Hess is the latest energy giant to join the list of split-ups as it offloads Hetco to focus on exploration and production

Tags: Africa, ConocoPhillips, Corporate News, Europe, North America

11th March, 2013        

Ecopetrol and Shell hit by terrorist attacks

Two of Ecopetrol's main oil pipelines have been forced to shut down in Columbia, Shell is hit by Nigerian thefts and Yemen also suffers.

Tags: Africa, Lubes news, S America, Shell

20th February, 2013        

South Sudan may have its own oil pipeline

An outbreak of peace between the two Sudanese nations could mean a major new South-North oil pipeline build to start within the year.

Tags: Africa, China, CNPC, Lubes news

19th February, 2013        

Ivory Coast oil discoveries may be beginning of boom

The end of the civil war in Ivory Coast may see a boom in oil output over the next five years.

Tags: Africa, Lubes news, Tullow

18th February, 2013        

Boost to Lukoil's 2013 Output

Lukoil expects to boost output by 1.5 percent this year from Siberian and Iraqi output.

Tags: Africa, Lubes tech, Middle East, Russia, Statoil

6th February, 2013        

Total will keep its licence in Uganda

A new discovery means Total will be renew keep its exploration licence in Uganda and invest more in exploration along with its partners.

Tags: Africa, CNOOC, Environment and Regulatory watch, Total, Tullow

28th January, 2013        

Terrorist attack in Algeria - details still sketchy

Details of the siege at the In Amenas gas facility are still being investigated after 37 overseas employees, including senior execs were killed.

Tags: Africa, BP, Corporate News, Europe, Gazprom, North America, Statoil

24th January, 2013        

Statoil increases Brazil presence and boosts African reserves

Statoil is expanding its exploration in Brazil and has made a third offshore discovery in Tanzania

Tags: Africa, Brazil, Lubes news, Statoil

8th January, 2013        

Sasol to invest heavily in historic plant.

Sasol gives the green light to invest billions in a new GTL/ethelene complex in the US.

Tags: Africa, innovation, Middle East, North America, rail

8th January, 2013        

Nigerian oil & gas output to expand but regs have impact

Nigeria's oil and gas output is set to expand in 2013 according to a new report, although new legislation may initiate a complete overhaul of the nation's oil sector.

Tags: Africa, Environment and Regulatory watch

6th January, 2013        

New Ugandan oil legislation

Uganda's President signs controversial oil and exploration bill which opens the way for new exploration.

Tags: Africa, CNOOC, Lubes news, Total

8th December, 2012        

Total and OiLibya plant comes onstream

New world-class lubricant plant and oil product depot in Egypt in operation.

Tags: Africa, Lubes news, Middle East, Total

5th December, 2012        

New prospects for Kenyan oil production

Tullow has made a second oil discovery in Kenya adding to its African portfolio

Tags: Africa, Europe, Lubes news

4th December, 2012        

Total sells Nigerian oil stake to Sinopec

French major sells stake in African oilfield to Chinese.

Tags: Africa, China, China lubes news, Corporate News, Europe, Sinopec, Total

26th November, 2012        

Shell to invest $20bn in gas

Shell is set to spend more than $20bn for natural-gas projects through 2015.

Tags: Africa, Asia, Australia, innovation, natural-gas, Shell

26th November, 2012        

China and Sudan agree to increase oil production

Co-operation agreement will help energy output and boost national income.

Tags: Africa, China, China lubes news

21st November, 2012        

Pertamina to split and move into Europe

Indonesian oil producer to split shipping and lubes, while taking lubes into European markets.

Tags: Africa, Asia, Europe, Lubes news, Lubricants, marine

12th November, 2012        

Rig workers reap the benefits

Salaries are skyrocketing for oil rig workers. The pay-off for a tough working life.

Tags: Africa, Environment and Regulatory watch, Europe, North America

8th November, 2012        

Niger fuel prices to be cut

African state will see significant price drop as China reduces loan rate.

Tags: Africa, China, Environment and Regulatory watch

9th October, 2012        

Nigerian Conoil targets lubes revenue

Nigerian oil producer Conoil is planning a major investment aimed at stimulating domestic lubes sales.

Tags: Africa, Corporate News, Lubricants

12th September, 2012        

Cove suitors extend bid battle

Shell and PTT continue bidding battle for Cove Energy

Tags: Africa, Asia, Corporate News, Shell

10th July, 2012        

Totally loopy

Top Gear team break loop record in South Africa

Tags: Africa, And finally

9th July, 2012        

Gambia signs exploration deal as Tanzania opens plant

Gambia has signed a join-US deal for oil exploration whilst Tanzania is set to open its first lubes plant.

Tags: Africa, Lubes news, Lubricants, North America

11th June, 2012        

Chinese carmakers plan major increases

Chinese automakers are aiming for increased profitability in 2012 despite a poor 2011.

Tags: Africa, automotive industry, China, Corporate News, Forecasts, Great Wall

15th May, 2012        

Total goes for Uganda exploration

Total is to invest in exploration in Uganda as part of a partnership deal.

Tags: Africa, CNOOC, Lubes news, Total

1st May, 2012        

Ghana signs $1bn Chinese loan

Ghana will use Chinese finance to develop a major natural gas project.

Tags: Africa, China, China lubes news, Lubes news

19th April, 2012        

Total's Nigeran project onstream

Total starts up deep offshore project in Nigeria to boost crude output

Tags: Africa, Europe, Lubes news, Total

5th March, 2012        

Busy time for BP as numbers show strength

BP delivered a strong finish to 2011 and is set to sell Global LPG bottling assets and US natural gas processing operations in Kansas.

Tags: Africa, Asia, BP, China, Corporate News, Europe, North America

1st March, 2012        

South Sudan closes supplies as Oryx opens in W Africa

South Sudanese oil suppliers are being shut down, but Oryx boosts lubes production on the other side of the African continent.

Tags: Africa, CNPC, Lubes news, Petronas

6th February, 2012        

CNPC aims at further records after declaring overseas milestone

China's largest energy firm announces record output levels, with more to come over the next four years.

Tags: Africa, China, CNPC, Forecasts, Lubes news, Middle East

20th January, 2012        

Training is order of the day in Nigeria and Abu Dhabi

Airline maintenance staff and auto technicians are the latest beneficiaries of training programmes by lubes producers.

Tags: Africa, automotive industry, Aviation, BP, Lubrizol, Middle East

9th January, 2012        

Shell sells in Nigeria

Shell has sold two key mining blocks in Nigeria to local operators.

Tags: Africa, Corporate News, Shell

8th December, 2011        

ENOC produces high-performance lube

ENOC has produced a 'first in kind' synthetic engine oil for the Middle East and African region

Tags: Africa, innovation, Lubricants, Middle East

2nd December, 2011        

Shell sells Cameroon blocks

Shell has disposed of its share in Petcen to Sinopec.

Tags: Africa, China, China lubes news, Corporate News, Shell, Sinopec

16th November, 2011        

Angolan firm confident of return after fire

Sonangol is taking steps to return to business as usual after factory fire.

Tags: Africa, Corporate News, Lubricants

19th October, 2011        

OPEC cuts global oil demand forecasts

OPEC has reduced its demand forecasts for the rest of 2011 and 2012 as global economy weakens.

Tags: Africa, Brazil, China, Environment and Regulatory watch, Middle East, N America, OPEC, S America

19th October, 2011        

ExxonMobil backs phone study

ExxonMobil is backing research into mobile technology for developing countries' female entrepreneurs

Tags: Africa, And finally, Asia, ExxonMobil, Middle East

6th October, 2011        

Chevron sells in Namibia but Tullow delayed again in Uganda

Chevron set to sell its Namibian assets, but Tullow faces further delays to its proposed exploration sell-off.

Tags: Africa, Chevron, Corporate News

3rd October, 2011        

Uganda oil production edges closer

A three-way "farm down" deal could bring the start of Ugandan oil production to within a few months

Tags: Africa, China, CNOOC, Lubes news, Total

14th September, 2011        

World lube demand to rise through 2015

Demand for lubricants is set to rise steadily through to 2015 according to a new report.

Tags: Africa, Asia, China, Lubes news, Lubricants

14th September, 2011        

Brenntag buys Multisol

Germany's Brenntag has bought UK-based chemicals distributor

Tags: Africa, Corporate News, Europe

14th September, 2011        

Nigeria launches new lubes

Nigeria's AMMASCO has launched a new range of high quality lubes for the domestic market.

Tags: Africa, Lubes news, Lubricants

8th September, 2011        

Debt repayment is order of the day

Indian buyers freed up to repay Iran debts as Ghana looks to payment in kind to offset China loan.

Tags: Africa, China, Corporate News, India, Middle East

1st September, 2011        

Somaliland and Ethiopia look to China deals

Somaliland and Ethiopia are hoping new oil deals with China will help revitalise their economies.

Tags: Africa, China, China lubes news, Lubes news

1st September, 2011        

China steps up global oil investment

China is increasing its global oil presence with new investments in the Middle East, Africa and South America

Tags: Africa, China, CNPC, Forecasts, Middle East, PetroChina, S America

15th July, 2011        

Puma is new name in Zambia

Puma Energy launches Zambia division.

Tags: Africa, BP, Corporate News

11th July, 2011        

Bumpy road ahead for Ugandan oil?

First oil from Ugandan wells may face transportation issues.

Tags: Africa, Lubes news

3rd June, 2011        

Oando and Univar plant investments

Nigeria's Oando and Sweden's Univar are planning major plant upgrades to help supply.

Tags: Africa, Corporate News, Lubricants, Scandinavia

25th March, 2011        

Ghana gains new lubes brand

A new local lubes brand has been launched in Ghana to fill majors name gap

Tags: Africa, Lubes news, Lubricants

18th March, 2011        

Middle East unrest - Potential Impact on Energy Markets

RPS Energy's Simon Telling surveys the current political climate in the Middle East and its potential impact on oil supplies.

Tags: Africa, Middle East, white papers

16th March, 2011        

Pertamina to build lubes plant

Indonesia's Pertamina is set to invest in an Asian lubricants production plant

Tags: Africa, Asia, China, Corporate News, Japan, Lubricants

9th March, 2011        

View from the Bridge - Bulletin 122 (March 11)

Political instability in North Africa and the Middle East puts oil dependency into sharp relief, while the ICIS Conference offers plenty of thoughts on other oil-related issues.

Tags: Africa, Middle East, oil prices, View from the Bridge

7th March, 2011        

Shell opens in Indonesia and closes in Africa

Shell sells a significant amount of downstream operations in Africa as it opens a new lubes plant in Java.

Tags: Africa, Asia, Lubes news, Shell

21st February, 2011        

Nigeria loses billons in fake lubes

Nigeria is losing billions of dollars as a result of trade in adulterated and fake lubricants.

Tags: Africa, Lubes news, Lubricants

22nd December, 2010        

Engen moves into Africa as Kline report shows demand increase

Engen has concluded its purchase of Chevron assets in Africa as Kline projects base oil growth in Africa and Middle East to 2019.

Tags: Africa, Lubes news, Middle East

22nd December, 2010        

Shell sells in Gulf as Total buys in Gabon

Shell will sell six Gulf of Mexico fields, while Total revitalises its interests in Gabon.

Tags: Africa, Corporate News, North America, Shell, Total

26th November, 2010        

BP to sell in Africa; Chevron in Caribbean

BP is to sell five of its African marketing businesses, while Chevron sells marketing and aviation in the Caribbean and Central America.

Tags: Africa, Aviation, BP, Chevron, Corporate News

24th November, 2010        

Valvoline goes for new look

Valvoline has repackaged its EMEA motor oil products.

Tags: Africa, Europe, Lubes news, Middle East, Valvoline

27th September, 2010        

Shell sells in Africa

Shell is set to sell its African retail and distribution business.

Tags: Africa, Corporate News, Shell

1st September, 2010        

Galana seals Madagascar deal

Galana has sealed a distribution deal with Engen for Madagascar - one of a number for the Galana group.

Tags: Africa, Aviation, Corporate News, Middle East

17th July, 2010        

GOIL Celebrates 50th birthday

Ghana's leading oil company celebrates its 50th Anniversary as environmental agencies warn of dangers of oil spills in Ghana.

Tags: Africa, Corporate News

25th June, 2010        

Russian marines thwart tanker hijack

Russian marines overcame Somali pirates who had hijacked a tanker on its way from the Red Sea to China.

Tags: Africa, Corporate News, marine

6th May, 2010        

KenkolKobil profits up

Kenya's KenkolKobil announces 45% increase in profits

Tags: Africa, Corporate News, KenkolKobil

7th April, 2010        

Corporate news - Bulletin 112 (Apr 10)

Aramco expands its Yanbu refinery; Shell and BP consolidate in Africa; Chevron contracts but expands in Sri Lanka; better news for Fuchs; Ford sells Volvo to China; Renault-Nissan join forces with Daimler; and Afton buys Polartech.

Tags: Africa, Afton Chemicals, Aramco, Asia, automotive industry, BP, Chevron, Europe, Ford, Fuchs, Helix, Nissan, Renault, S America, Shell, Volvo

1st April, 2010        

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