Oil & Energy

Nigerian president replace state-run oil company execs amid corruption allegations – Worldnews.com

The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east … Ethnic violence over the oil producing Niger Delta region and inadequate infrastructures are some … Continue reading

Shell – Nigeria Loses $5 Billion to Crude Oil Theft Annually – Worldnews.com

The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east … Ethnic violence over the oil producing Niger Delta region and inadequate infrastructures are some … Continue reading

Market Report: Energy explorers boosted by discoveries in Africa – The Independent

Oil and gas discoveries, promises of tax breaks and even talk of … after unveiling an increase of its resources estimates for its operations off the shore of Cameroon, while it also announced that first-half losses had dropped to $5.5m … Continue reading

Diageo Again Taps GE’s Gas Engines CHP Systems for Reliable On-Site Power and Heat at Guinness Breweries in Nigeria – Worldnews.com

The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast in the south lies on the Gulf of … Continue reading

Nigeria: 76 Oil Wells – Akwa Ibom Indigenes Fault CRS Claims – AllAfrica.com

LESS than 24 hours after some people who claim to be indigenes of the ceded Bakassi peninsular to Cameroon had protested in Cross River State over the ownership of the 76 oil wells, the people of Mbo Local Government area … Continue reading

Jefferies Lowers Numbers on Kosmos Energy (KOS), Keeps Buy Rating – StreetInsider.com

“Kosmos Energy’s exploration efforts outside of its core Ghana exposure is beginning to gather pace with new acreage positions and activity in Cameroon, Morocco, Suriname and most recently, Mauritania.” FY12 EPS goes from ($0.15) to ($0.17) and FY13 from $ … Continue reading

SAA cuts prices in line with oil price – Independent Online

Douala in Cameroon, Cotonou in Benin … “As a result, although fuel prices remain higher than elsewhere internationally, when oil prices drop, the reduction results in a larger actual saving to our passengers”. The decreases more than compensated …

76 Oil Wells: Tension Mounts Between A’Ibom, C’River – THISDAY Live

Less than three weeks for the Supreme Court to deliver judgement on the ownership of the disputed 76 oil wells, tension has begun to mount … bulk of the settlers in the peninsular now ceded to Cameroon strongly condemned the … Continue reading

76 oil wells: Bakassi natives protest ahead of S’Court judgement – Daily Sun

We stand here not knowing whether we are from Nigeria or Cameroon. We don’t know where our resources are. We stand here knowing we don’t have our oil wells again.” On why the protest now when the Supreme Court was … Continue reading

Nigeria: 76 Oil Wells – Bakassi Communities Protest Ahead of Supreme Court Judgment – AllAfrica.com

We stand here not knowing whether we are from Nigeria or Cameroon. We don’t know where our resources are. We stand here knowing we don’t have our oil wells again.” “We are soon going to July 10, and we are … Continue reading