Eni sells Mozambique Area 4 stake to Chinese oil company
Italian oil company Eni has agreed to sell a 20 per cent stake of Area 4 in Mozambique to China National Petroleum Corporation (CNPC)
Downstream
Ophir may become a takeover target for oil and gas giants
UK-based natural gas explorer in Africa, Ophir Energy (Ophir) has turned into a takeover target for producers such as Royal Dutch Shell Plc (RDSA) as Ophir’s limited cash has hampered its ability to develop finds on its own
Bidding for stake in Mozambique gas block to begin shortly
Anadarko Petroleum has put up part of its stake in a Mozambique gas field for sale, shortly after Indian billionaire, Venugopal Dhoot, also sought to divest a 10 per cent stake in the field
African Power Generation signs gas MoU in Ghana
African Power Generation Limited (AfGen), an affiliate of Gasol plc, has signed a Memorandum of Understanding (MoU) with Ghana National Gas Company Ltd to undertake projects that seek to supply additional gas to Ghana
Nigeria loses revenue to oil production decline
Nigeria has lost about US$2.7bn in revenue due to a decline in the countrys crude oil production in Q4 2012
More Articles …
