Oil sees Ghana investment level rise
Oil production at Ghana’s Jubilee oil field contributed to the West African country becoming the third largest recipient of foreign direct investment (FDI) in Africa in 2011
Downstream
Cabinet approves Nigeria oil bill
The final draft of Nigerias oil law has been approved by the countrys cabinet
Iran turns to Africa as oil sanctions bite
Iran has signed new oil sales contracts with a number of unspecified countries, mainly in Africa, according to Irans Mehr News Agency
Nigeria signs US$4.5 billion oil refinery deal
Nigeria is set to take on a US$4.5 billion project to build six new oil refineries after a memorandum of understanding was signed between the Nigerian government and Vulcan Petroleum Resources
Nigeria ‘favours local firms’ for supply contracts
A leaked document shows that Nigeria has awarded nearly half of its US$60 billion annual supply contracts to local companies
