Exploration

Cameroon to open coastal areas for oil exploration

CAMEROON WILL SOON will soon begin licensing companies to explore for oil in the Atlantic coastal Bakassi peninsula and nearby Mamfe basin, a senior official in Cameroon's state-run National Hydrocarbons Corp., or SNH, has said.

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Algerian oil and gas finds brings further success

SONATRACH HAS UNVEILED two more oil and gas finds, bringing the number of hydrocarbon discoveries made by the company this year to five.

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More oil finds expected off coast of Africa

ANADARKO PETROLEUM CORP, the US natural gas producer with a share in Ghana's Jubilee project, expects to make more finds off Africa's coast.

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Vitol wins tender to buy Kenya storage terminal

VITOL HOLDING BV has won the right to buy a partially built storage terminal in Kenya, the company has said.

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Essar mulls stake purchase in Zambian refinery

petrochemicals_-essar_mombassaINDIA'S ESSAR GROUP plans to acquire a majority stake in Zambia's state-owned Indeni Refinery, which has a capacity to refine around 1mn tonnes per annum (mtpa) of crude.
South Africa's Sasol Ltd is among the companies vying for the same stake.

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