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Anglo to wait a year for De Beers credit

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Posted by admin 19 days ago (http://www.miningmx.com)
Anglo American CEO, Mark Cutifani, expected it would take more than a year before credit for De Beers' performance was factored into the UK firm's share.

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BP Picks Up Two Egyptian Blocks

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Posted by admin 19 days ago (http://www.petroleumafrica.com)
BP has been awarded two new exploration blocks in Egypt. The two blocks are the North El Mataria and the Karawan. BP will be partnered with Dana Gas on the North El Mataria and with ENI on the Karawan; both on a 50/50 basis. The North El Mataria Block is located onshore Nile Delta and […]

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Booz Allen Releases Annual Energy Sector Trends for 2015

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Posted by admin 19 days ago (http://www.petroleumafrica.com)
Release Business Resiliency Depends on an Integrated, Predictive Approach MCLEAN, Va.–(BUSINESS WIRE)–The energy sector is in the midst of a major, global transformation – driven by key forces that impact organizations’ ability for strong, long-term performance. These forces are creating demands that require increasingly greater attention of oil and gas and utility companies. True com

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Zambia Prepares for President Burial

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Posted by admin 19 days ago (http://www.petroleumafrica.com)
Zambia’s president Michael Sata died on October 28 at the age of 77. He was undergoing treatment in a private London hospital for an unknown illness. The burial is scheduled for November 11. Presidential elections are expected to commence in three months. Public viewing of Sata will be on November 9, and the parliament will […]

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Two South African Peacekeepers Wounded in Darfur

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Posted by admin 19 days ago (http://www.petroleumafrica.com)
Two South African peacekeepers were wounded when gunmen opened fire in Darfur. The soldiers were fired upon as they collected water and returned fire. The peacekeepers were airlifted to the El Fashir hospital after the ambush, according to Captain Jaco Theunissen. On October 16, three Ethiopian soldiers were killed guarding a well in Karma.

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Nigeria: Jonathan to Run for Second Term, Schoolgirls Remain Missing

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Posted by admin 19 days ago (http://www.petroleumafrica.com)
Nigerian president Goodluck Jonathan confirmed at his Peoples Democratic Party headquarters that he will run in the next presidential election scheduled for February. He thanked supporters and state governors who helped raise the $130,000 nomination fee required to enter the race. However, many feel that the president has failed to properly handle the 219 schoolgirls […]

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Kuwait to Increase Exports to Egypt

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Posted by admin 19 days ago (http://www.petroleumafrica.com)
Egypt will see its crude imports from Kuwait increase by about 35,000 bpd. Kuwait also said it is ready to supply the North African country with refined fuel also if needed. Kuwait is currently supplying about 65,000 bpd of crude to Egypt. Kuwait was studying Egypt’s need for petroleum products, said Nasser Al Mudhaf, managing […]

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Shell Petitions South Africa on Shale Hold Up

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Posted by admin 19 days ago (http://www.petroleumafrica.com)
Shell has petitioned the government of South Africa to give a yeah or nay on its almost four-year old application to explore for shale in the Karoo Basin. The major E&P firm submitted its application in early 2011, however due to protests from local residents and environmentalists the South African government issued a moratorium on […]

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