Oil & Energy

ExxonMobil Shows Why Size Matters in Energy Investing – Motley Fool

Beyond the onshore U.S. and the Gulf of Mexico, Exxon’s oil minions can be found laboring from Canada to Brazil in the Western Hemisphere. They’re also busy in several European locations; in Africa’s Nigeria, Chad, and Cameroon; in Iraq and … Continue reading

ExxonMobil Shows Why Size Matters in Energy Investing – Daily Finance

Beyond the onshore U.S. and the Gulf of Mexico, Exxon’s oil minions can be found laboring from Canada to Brazil in the Western Hemisphere. They’re also busy in several European locations; in Africa’s Nigeria, Chad, and Cameroon; in Iraq and … Continue reading

Bowleven sells off Gabon oil licence – BBC News

Edinburgh-based oil company Bowleven is to focus on its Cameroon operations after selling its wholly-owned Gabon licence for more than $35m (£21.9m). Bowleven sold its 100% interest in the EOV permit to Anglo-French oil and gas firm Perenco. The sale … Continue reading

Kenya: What Is At Stake With the Turkana Oil Discovery? – AllAfrica.com

The membership of the club of oil producing countries in Sub-Saharan Africa is growing. Nigeria, Angola, Cameroon, Guinea, Sao Tome and Principe, Gabon, Sudan, South Sudan, Uganda, and now, the new kid on the oil platform, Kenya! Sub-Saharan Africa oil … Continue reading

Cameroon: lOM-Pangar Hydro Dam Project – World Bank Approves FCFA 64.9 Billion Funding – AllAfrica.com

Lom Pangar marks an important step in turning the lights on in more homes and businesses in Cameroon, lowering power costs, attracting new investors, and improving all-season reliability of the country’s electricity. “This project is a persuasive example …

Vitol to acquire 50% of Grindrod’s Cockett Marine Oil – Engineering News

Globally, Vitol trades over 5.5-million barrels of crude oil and products a day and its 2011 revenue was $297-billion. Vitol also has an exploration and production business which includes interests in Ghana, Cameroon, Kazakhstan, Russia and Azerbaijan.

Cameroon: National Assembly – Government Proposes Attractive Gas Code – AllAfrica.com

The Parliamentary Committee on Production and Trade on Wednesday examined the Gas Code Bill. Members of the National Assembly Committee on Production and Trade yesterday March 28, 2012 examined the bill to institute a Gas Code in Cameroon. The Minister … Continue reading

Cameroon secures $107m loans for hydro project – Engineering News

The government of Cameroon has said it plans to spend about $12-billion to increase electricity output from 1 000 MW to 3 000 MW by 2020. The loans from the African Development Bank and the Development Bank of Central African … Continue reading

Nigeria to export power to Central, Southern Africa – Vanguard

The Chairman, Nigerian Electricity Regulatory Commission … Already, speakers from other participating African countries including Ghana, Cameroon, Mozambique, and Uganda stressed the need for regional power pools to enhance development in the continent.

Invest In African Oil With Kosmos Energy – Seekingalpha.com

These wells are projected to net Kosmos 100 million barrels of oil equivalent (boe). If we look outside of Kosmos’ Ghana plays, it has 10 more prospects in Cameroon. And this will likely net another 150 million boe. And finally, … Continue reading