November 26, 2018
Africa: South Africa Announces $1 billion Investment in South Sudan's Oil Industry
South Africa's Minister of Energy Jeff Radebe announced his country's plans to invest one-billion U.S. dollars in South Sudan's oil sector, including in the construction of a… Read more »
November 22, 2018
Equatorial Guinea: American Company Will Lose Oil Contracts Over Local Laws - Minister
Equatorial Guinea's Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang Lima, has ordered all energy operators in the country to cancel all contracts with U.S. based oil… Read more »
August 21, 2018
South Africa: Petrol Cost Hikes Blamed on Exchange Rates, Venezuela Instability
Energy Minister Jeff Radebe has presented several reasons why South Africans have to pay more at the pumps during an Energy Portfolio Committee meeting. The session comes a week… Read more »
July 02, 2018
South Africa: Fuel Price Spike Pushes Costs into Record Territory
Motorists' wallets are in for another shock after the June petrol price hike. Minister of Energy Jeff Radebe has announced a 23 cents price increase for 93 octane while 95 octane… Read more »
June 05, 2018
South Africa: Fuel Price Hike - The Knock-On Effect on Your Pocket
Economists have warned that the 85c rise in the fuel price will have far-reaching effects on goods and services, Eyewitness News reports. Read more »
October 13, 2017
Africa: Sub-Saharan Africa Faces Challenging Economic Outlook - World Bank
Sub-Saharan Africa's economies are experiencing a modest recovery, with gross domestic product (GDP) growth in the region expected to rise to 2.4 percent in 2017 from 1.3 percent… Read more »
September 29, 2017
Nigeria: How Much Did Former Oil Minister 'Steal'?
Diezani Alison-Madueke, served under former president Goodluck Jonathan from 2010 to 2015 and was Nigeria's first female minister of petroleum resources. She has been accused of… Read more »
February 12, 2017
Equatorial Guinea: New U.S. Secretary of State Linked to 'Petro-Kleptocrat' Obiang
The recent hearing in the United States Senate over the confirmation of President Donald J. Trump's nomination of former oil company chief executive Rex Tillerson as secretary of… Read more »
June 03, 2016
Angola: Dos Santos Names Daughter as State Oil Firm President
President Jose Eduardo dos Santos has appointed the Board of Directors of Sonangol, reports the country's National State Radio (RNA) . Read more »
July 13, 2015
Nigeria: Replace NNPC, Make Oil Transactions Transparent - El Rufai
The 2015 Wole Soyinka Centre Annual Media Lecture, delivered by Malam Nasir Ahmad El-Rufai, OFR Governor of Kaduna State - as posted on the NasirElRufai Facebook page Read more »
November 04, 2014
Africa: New Development Financing Models for Africa - A Look Back at ADF9
If Africa's growth and dynamism is to be sustained, the continent's ability to finance future infrastructure development cannot be left to vagaries of foreign aid allocations but… Read more »
October 09, 2014
Liberia: Oil Blocks Attract Bidder Interest
Liberia has entered discussions with major international oil companies to encourage bids for drilling in four blocks off the coast near the capital Monrovia. The talks are… Read more »
July 08, 2014
Cameroon: Govt Raises Salaries After Cutting Fuel Subsidies
Cameroon has raised the base salary for government workers and the military, entering negotiations with transport workers in an effort to stop potential social unrest, according to… Read more »
June 17, 2014
Nigeria: Chevron Backing Partnerships to Promote Niger Delta Prosperity
Nigeria recently claimed the title of largest economy in Africa, with a gross domestic product of $510 billion - underscoring its tremendous economic potential and the opportunity… Read more »
January 27, 2014
Africa: Africans Struggle to See Oil, Mineral Revenues
A major new survey of African countries which depend on mining or oil revenues shows that six in 10 people have difficulty in finding out how their governments spend the proceeds… Read more »
November 07, 2013
Nigeria: Advocacy Group Tackles Oil Companies Over Spills
The Nigerian operations of two major international companies have been accused of failing to control oil spills which damage the environment and the health of Nigerians. Read more »
October 01, 2013
Liberia: Oil 'Protected for Next Generation' - Robert Sirleaf
When President Ellen Johnson Sirleaf appointed her son Robert Sirleaf to chair the board of the National Oil Company of Liberia (Nocal), there were cries of nepotism and… Read more »
March 08, 2013
Tanzania: Correction Submitted by BG Tanzania
AllAfrica received the following statement from BG Tanzania regarding an East African Business Week article that was carried on our site and was subsequently taken down by East… Read more »
December 25, 2012
West Africa: Nigeria Attacks Pair Piracy, Kidnappings
The 23 December pirate attack on an Italian ship 40 nautical miles off the coast of Nigeria's Bayelsa state is part of a growing trend in Africa's Gulf of Guinea region. Four… Read more »
September 27, 2012
Sudan: Sudans Reach Partial Deal, Abyei Question Remains
The presidents of Sudan and South Sudan have agreed to set up a demilitarized border zone and resume oil exports, but left several major security questions unresolved, according to… Read more »
August 22, 2011
South Sudan: New Govt Must Prepare for Scrutiny - U.S. Activist
In the Republic of South Sudan, partition has created both opportunities and obstacles. Against a backdrop of regional and ethnic tensions, reports of human rights abuses continue… Read more »
August 10, 2011
Nigeria: Next Step - Clean Up the Niger Delta
The recommendations of the United Nations Environment Programme's study on oil pollution in Ogoniland point to the need for a genuine shift in the priorities and practices of the… Read more »
July 14, 2011
Liberia: Chevron Announces Social Initiatives During High-Level Tour
The U.S. oil giant Chevron is launching initiatives aimed at improving health and supporting development in Liberia. Read more »
June 22, 2011
Liberia: Chevron Moving Ahead With Off-Shore Oil Search
U.S.-based Chevron, which announced in March plans to explore for petroleum in Liberia, is starting deep-water drilling that could move Liberia into the ranks of west… Read more »
February 15, 2011
Malawi: Civil Society Warns of More Fuel Crisis Protests
Organisers of demonstrations against Malawi's chronic fuel crisis have vowed to continue their protests despite being stopped by police on Monday, reports the Nyasa Times. Read more »