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

 

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

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.

p>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.

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

p style="margin-bottom: 0cm;">LONDON-LISTED HARDY Oil & Gas has sold its Nigerian business to Inergia Petroleum in a $4.5 mn deal.

MOZAMBIQUES 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 companys chief executive.OZAMBIQUES 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 companys chief executive.

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