Ghana celebrates as Jubilee flows

Bagaball_GhanaGhana have joined the global oil club, with first oil flowing to shore from the Jubilee field, following a ceremony hosted by Ghana's President John Atta Mills.

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Angola's oil accounts show $8.55 billion gap in 2008: Watchdog


Angola's oil accounts for 2008 shows discrepancies amounting to billions of dollars and millions of barrels, according to a London-based anti-corruption watchdog.

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What the catastrophe in the Gulf of Mexico means for the oil industry

A new era dawned for the oil industry on 20 April 2010. Since the oil platform “Deepwater Horizon” went up in flames that day, the industry has been experiencing significant changes.

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Hardy bows out of Nigeria play

LONDON-LISTED HARDY Oil & Gas has sold its Nigerian business to Inergia Petroleum in a $4.5 mn deal.

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Mozambique refinery close to funding

MOZAMBIQUE'S OILMOZ, WHICH is developing a 350,000 bpd refinery, expects to reach a funding agreement with European energy investors before the end of the year, according to Fausto Cruz, the company's chief executive.

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