SUDAN MUST REDUCE its dependency on oil revenues and step up investment in agriculture if it wants to keep its economy growing and avoid further conflict, according to a World Bank report.
p>SUDAN MUST REDUCE its dependency on oil revenues and step up investment in agriculture if it wants to keep its economy growing and avoid further conflict, according to a World Bank report.Exploration
EGPC grants HPI prime contractor right for major projects
HPI ANNOUNCED THEIR receipt of the EGPC certification from the Ministry of Oil in Egypt. The Egyptian General Petroleum Corporation (EGPC), certifies companies for contracting work in the oil and gas sector. This certification grants HPI the right to act as prime contractor on major projects in Egypt.
p>HPI ANNOUNCED THEIR receipt of the EGPC certification from the Ministry of Oil in Egypt. The Egyptian General Petroleum Corporation (EGPC), certifies companies for contracting work in the oil and gas sector. This certification grants HPI the right to act as prime contractor on major projects in Egypt.Sonangol needs bigger Galp slice
SONANGOL SHOULD BOLSTER its stake in Portugals Galp Energia as part of its strategy to expand its business abroad, according to oil minister Jose Botelho de Vasconcelos.
p>SONANGOL SHOULD BOLSTER its stake in Portugals Galp Energia as part of its strategy to expand its business abroad, according to oil minister Jose Botelho de Vasconcelos.AIM-listed explorer Circle Oil makes $15.1 mn in revenues
In a letter to shareholders, Circle chairman Thomas Anderson said it had achieved an average oil price of $65.90 per barrel in 2009 and a gas price of $7.20 per thousand cubic feet resulting in its first gross profit of $7.37 mn.
p>In a letter to shareholders, Circle chairman Thomas Anderson said it had achieved an average oil price of $65.90 per barrel in 2009 and a gas price of $7.20 per thousand cubic feet resulting in its first gross profit of $7.37 mn.Afren to Acquire Black Marlin Energy
AFREN HAS REACHED an agreement with Black Marlin Energy to acquire all of the issued and to be issued share capital of Black Marlin.
p>AFREN HAS REACHED an agreement with Black Marlin Energy to acquire all of the issued and to be issued share capital of Black Marlin.