Oil

YAOUNDE (Reuters) – Cameroon crude production rose nearly 10 percent in the first quarter of 2012 to 5.78 million barrels compared with 5.26 million barrels in Q1 2011 on increased output from mature wells, data by state-run National Hydrocarbons …

YAOUNDE (Reuters) – Cameroon crude production rose nearly 10 percent in the first quarter of 2012 to 5.78 million barrels compared with 5.26 million barrels in Q1 2011 on increased output from mature wells, data by state-run National …

However, we also see strong growth opportunities in Cameroon and CoteIvoire, both of which are growing from a lower base. Our outlook for Gabon is slightly less positive and this is a product of the countrys declining oil production and … Continue reading →

Forty-year-old Paulette Wetche, a hairdresser from Cameroon, is not interested in either candidate … some very important French companies are linked to this network, like the oil business or the nuclear business – companies like Areva,” said Cherruau.

Growth in economic activity will be driven by the ongoing expansion of the countrys oil industry, which will continue to draw … will have a massive impact on growth in the sector. In Cameroon, we estimate that only around 4% … Continue reading →

Another oil and gas company Jupiter Energy (LON … confirmed that it will have access to the proposed railway line through the south of Cameroon. During the first three months of the year, ENK focused on the bankable feasibility study … Continue reading →

A string of bombings and shootings in the last five days has dampened hopes that arrests and killings of Boko Haram members by the military in recent weeks had stemmed its ability to carry out large-scale attacks in Africa’s largest … Continue reading →

A string of bombings and shootings in the last five days has dampened hopes that arrests and killings of Boko Haram members by the military in recent weeks had stemmed its ability to carry out large-scale attacks in Africa’s largest … Continue reading →

The first well will be in a tax-free location in Cameroon at a dayrate of approximately $364,000, while the second and third wells will be in Equatorial Guinea at a dayrate of approximately $388,000. Atwood Oceanics announced that one of … Continue reading →

The oil explorer plunged 33 per cent after highly anticipated … the minerals explorer boasted of “extremely encouraging” results from its six permits in Cameroon. “The number of targets identified, and their geophysical signatures, confirm that …