Oil

He then asks: “And why should it be other­wise? Exxon Mobil’s investments in the Chad-Cameroon oil project would amount to $4.2 billion. Annual aid to Chad from the United States was only about $3 million.” Exxon Mobil’s foreign policy …

In west and central Africa, it is already competing with Cameroon’s newly relaunched national carrier … including gold, platinum, iron, oil, cocoa and timber, and this is attracting investments which in turn are galvanizing business and …

HB Markets this morning repeated its buy advice and 9 pence a share price target on Victoria Oil (LON:VOG) ahead of first gas deliveries in Cameroon. The bullish recommendation follows Friday’s news that the group is raising almost £4 million … Continue reading →

Dragon Oil, whose profits soared 76 percent in 2011, has stated its intention over the last eighteen months to expand into another country in Africa, Central Asia, the Middle East or South East Asia, and was linked to Cameroon-focused explorer … Continue reading →

Dragon Oil, whose profits soared 76 percent in 2011, has stated its intention over the last eighteen months to expand into another country in Africa, Central Asia, the Middle East or South East Asia, and was linked to Cameroon-focused explorer … Continue reading →

A decision to return funds to shareholders by Dragon, which is majority-owned by Dubai’s state-controlled Emirates National Oil Company follows an aborted approach for Bowleven, the Cameroon-focused oil explorer, in February. That approach – at an …

According to him, the fact that Nigeria’s neighbours like Ghana, Liberia, Sierra Leone and Cameroon had discovered oil respectively, should become a source of concern to Nigeria considering the possible drift of investment away to these countries.

According to him, the fact that Nigeria’s neighbours like Ghana, Liberia, Sierra Leone and Cameroon had discovered oil respectively, should become a source of concern to Nigeria considering the possible drift of investment away to these countries.

The move by Dragon, which ended last year with more than $1.5bn in net cash on its balance sheet, follows an aborted approach earlier this year for Bowleven, the oil explorer that hopes to develop gas fields off Cameroon in … Continue reading →

Shares in Victoria Oil & Gas fall 3.5 percent after the company says it expects to record sales from its Cameroon gas field in July, two months later than it had earlier planned, and as it undertakes an equity placing. … Continue reading →