11/07/2020 – The United States and Libya are probing a suspected scheme in which eastern Libyan strongman Khalifa Haftar is allegedly paying Nicolas Maduro’s regime in Venezuela U.S. dollars in exchange for gold, The Wall Street Journal quoting Western and Libyan security officials.
Continuer à lire … « U.S., Libya Suspect Maduro-Haftar Gold Trade Scheme »
2018/08/12 – The Nigerian Nuclear Regulatory Authority (NNRA) on Monday said that 95% of the nuclear licenses it has issued are for the petroleum industry.
Its Director-General, Prof. Lawrence Dim, who made this known to reporters said that although other industries such as the beverage, breweries and paper mills also use nuclear materials, the oil and gas industry deploys nuclear materials heavily for well-logging and radioactivity. Continuer à lire … « Nigeria – Petroleum industry records 95% of nuclear licenses – NNRA »
2018/11/11 – Niger’s nascent oil industry is targeting production of more than 100,000 b/d in the next two to three years, but hopes rest on matching the landlocked country’s output ambitions with its export plans via the construction of a Niger-Benin pipeline. Continuer à lire … « Niger’s growing oil output ambitions rely on Benin pipeline »
2018/08/11 – Some countries in Africa are emerging as potentially exciting players in the oil and gas space – from Sudan, which has emerged out of the clutches of civil war, to Niger, which is rising up as a new producer of petroleum products.
Sudanese Petroleum and Gas Minister Azhari Abdalla Abdelgader on Tuesday explained to delegates attending Africa Oil Week, in Cape Town, how Sudan’s oil production had peaked at 500 000 bbl/d in 2011. Continuer à lire … « Niger/Sudan – New oil, gas opportunities emerge in Sudan, Niger »
2018/06/11 – We have covered this topic extensively in our book, Big Barrels: African Oil and Gas and the Quest for Prosperity, which looks at what African nations have done to better manage their hydrocarbon wealth and curb the potential negative effects of the oil industry on the economy.
The story of oil exploration in Africa is one of many failures and victories, of bold bets in unexplored areas that have brought great returns, of forgotten lands that only some bold few decided to venture in, in the search for riches. This has been the story for many of Africa’s current oil and gas hot spots. It’s hard to imagine that at one point in time, no one believed that Equatorial Guinea had oil or was even willing to try it out. Sudan, Chad, Kenya, Uganda, Tanzania, Senegal, Liberia… they are all in one way or another, nations whose potential was for long snubbed by international oil and gas companies, until one bold player took the chance and found these so desired resources. Continuer à lire … « In Niger’s Oil Industry, Fortune favours the bold »