Global Energy Security and Africa’s rising Strategic Importance – Modern Ghana

Other countries like Sudan, Gabon, Cameroon, Congo, Equatorial Guinea, Egypt, Mozambique, Ghana and Uganda have huge deposits of oil and gas which are either being exported or are being developed for export. Moreover, there is growing …

Woes follow Bafana to Equatorial Guinea – Worldnews.com

The country consists of a mainland territory, Río Muni, which is bordered by Cameroon to the north and Gabon to the … rooted in power shift arising from the dramatic increase in oil production which has occurred since 1997.

Cameron Loses Appeal to Scuttle BP Gulf Spill Trial Plan – Businessweek

Dec. 27 (Bloomberg) — Cameron International Corp. lost its appeal to derail the February nonjury trial over which companies should be blamed for the 2010 BP Plc oil spill in the Gulf of Mexico. A panel of the U.S. Court … Continue reading

5 Oil Service Stocks With Upside Potential – Seekingalpha.com

Cameron International provides oil drillers with blowout preventer and other pressure and control systems. In recent quarters, the company has consistently grown earnings. In 2010, the company increased year-over-year revenues by 17% and net …

Economist: Beware Desperate Mullahs As New Sanctions Shock Iran Oil Sales – Forbes

and ordered shut the borders with Cameroon, Chad and Niger. Kazakhstan has extended a state of emergency in the Caspian Sea town of Zhanaozen, where oil workers have been protesting for months. Sixteen people were killed there last month during … Continue reading

Oil spikes on growing Iran threat – Yahoo Finance

“It’s mostly about Iran right now,” said Peter Beutel, analyst with energy risk management firm Cameron Hanover. “That’s the most bullish factor.” Oil prices jumped 4.2% to settle at $102.96 a barrel. That’s the highest closing price since May …

Ghana Removes Fuel Subsidy – THISDAY Live

Ghana, which joined the club of oil producers in West Africa last year, had come under increased pressure from the International Monetary Fund (IMF) to remove the fuel subsidies. The past months had seen governments in Nigeria, Guinea, Cameroon and … Continue reading

Tanks patrol troubled Nigerian city – Irish Times

President Goodluck Jonathan imposed the state of emergency on the northeast, the conflict-prone central city of Jos, and part of Niger state near Abuja yesterday, and closed the borders with Cameroon … nation and top oil producer. Mr Jonathan has … Continue reading

Ghana removes fuel subsidy – Punch

The past months have seen governments in Nigeria, Guinea, Cameroon and Chad moving to cut state subsidies on fuel. Mould said the cumulative effect of the rise in crude oil prices this year and the about 5.7 per cent depreciation … Continue reading

World Pays Ecuador Not to Extract Oil from Rainforest – Common Dreams

Nigeria, Cameroon, Gabon and other countries with oil reserves, have investigated the possibility of setting up similar schemes as an alternative to traditional aid. The biological richness of Yasuní has astonished scientists. One 6sq km patch …