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Financial Times: Disquiet over ENRC's purchase of Congo assets
Anger is growing among London's investor community over the decision by Eurasian Natural Resources Corp, the London-listed Kazakh miner, to buy a disputed copper project in the Democratic Republic of Congo
AllAfrica: South Africa: New Substation to Brighten Shopping Centre
Eastgate Shopping Centre customers, businesses and residents in Bedfordview around the centre can now look forward to uninterrupted electricity supply.
AllAfrica: Kenya: Now Government Takes Kenolkobil Head On Over 'Fuel Shortage' Fears
The government has moved to reassure consumers that there will be no shortage of petroleum and its products in the country.
AllAfrica: Uganda: Trinidad to Train People in Oil Industry Skills
Trinidad and Tobago is to train 10 Ugandans in the oil and gas industry, its high commissioner to Uganda has said.
AllAfrica: Uganda: Government to License All Fuel Dealers
The Ministry of Energy has launched a campaign to license all fuel dealers afresh as it embarks on bringing the operations of the industry in order.
AllAfrica: Zimbabwe: Kariba Power Station to Operate at Full Capacity
ZESA Holdings will next month start carrying out annual maintenance of the Kariba power station to restore the six units to full capacity, an official said on Monday.
AllAfrica: Tanzania: Dar Es Salaam Returns to Biocoding of Fuel
The Energy and Water Utilities Regulatory Authority (EWURA) on Wednesday started officially to implement the fuel marking, with expectations of breaking down the fuel adulteration network that had made it a national crisis.
AllAfrica: Uganda: Oil Operations Attract Sh1 Billion, But Where is it?
Uganda earned sh1.08b from its nascent oil and gas industry even before producing a barrel, unlocking the potential of petrodollar inflows.
AllAfrica: Nigeria: Oil License Round - Investors Lose Hope
Investors' hope to acquire fresh oil block licences this year is fading because government is yet to meet the set target.Minster of Petroleum Resources, Diezani Alison Madueke, had announced that details for the commencement of the exercise will be out three months ago but there were no such details yet.
AllAfrica: Namibia: Urgent Water Shutdowns in Kuisebmond
The Municipality of Walvis Bay has informed residents of Kuisebmond that the water supply to the suburb will be interrupted during the next few days.
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Kenya: Kenol Bags April Tender to Supply Crude Oil in April
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Spice has second potential buyer
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·Disquiet over ENRC's purchase of Congo assets
Anger is growing among London's investor community over the decision by Eurasian Natural Resources Corp, the London-listed Kazakh miner, to buy a disputed copper project in the Democratic Republic of Congo
·BP bill for Gulf oil spill hits $8bn
BP said it had spent almost $2bn in the last month responding to its Gulf of Mexico oil spill, even as it plugged the leak, taking its total bill for the catastrophe to $8bn
·Petrobras prepares to raise R$55bn
Petrobras, Brazil's national oil company, is preparing to raise as much as R$55bn from minority shareholders in one of the biggest capital market transactions
·Beijing eyes counterbid for PotashCorp
The Chinese government has backed Sinochem, the state-owned chemicals giant, to pursue a counterbid thatcould trump BHP Billiton's $39bn hostile offer for PotashCorp
·Goldcorp in C$3.6bn offer for Andean
Canada's Goldcorp has launched a C$3.6bn (US$3.4bn) cash-and-stock takeover offer for Andean Resources, trumping a C$3.4bn bid made public only hours earlier by Eldorado Gold, another Canadian miner.
·Japan toughens sanctions against Iran
Tokyo has tightened its sanctions against Iran, banning new investment in energy development, restricting financial dealings and freezing the assets of people and institutions linkedto Tehran's 'nuclear activities'
·Kosmos considers $5bn listing in UK or US
Blackstone and Warburg Pincus are studying taking the oil exploration company public as an alternative to selling the company after a $4bn deal with ExxonMobil collapsed
·Oil rig explodes in Gulf of Mexico
An oil platform 80 miles offshore in the Gulf of Mexico exploded on Thursday, sparking a rapid search and rescue helicopter response that recovered 13 people, the US Coast Guard said
·Aviva hangs on but Spice heads for Cinven
A top shareholder has signalled it would wait for a better takeover bid even as the UK utility services company's board said it was minded to back the private equity group's £364m approach
·BP tells US regulator of oil spill lessons
The energy group has told the US drilling watchdog that systems for responding to oil spills have been improved as a result of lessons learnt from the Gulf of Mexico accident
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·South Korean firm wins $1.46bn Saudi water plant contract
Saudi state-owned Saline Water Conversion Corp (SWCC) has awarded South Korea's Doosan Heavy Industries and Construction a $1.46bn contract to build a new desalination plant in the kingdom, Reuters has reported. The plant will produce 1.025 million cubic metres of desalinated water per dayand will be integrated with a 2,400 megawatts (MW) power plant, in Ras Azzour, on the Gulf coast. The plant, expected to be the wo ...
·Abu Dhabi awards contract for refinery pipelines
GS Engineering and Construction has been awarded a $623m contract by Abu Dhabi Oil Refining Co (Takreer) for engineering and construction works on refinery pipelines in Abu Dhabi, Wam has reported. With a total length of 955km of pipeline ranging from 10 to 28 inches in diameter, the planned pipeline network connecting the refineries with various terminals in Abu Dhabi will be capable of covering the increase in dema ...
·Halliburton secures Iraq contract from Eni
Italian oil company Eni has awarded US-based Halliburton a multimillion dollar contract to help develop 20 oil wells in the Zubair field in southern Iraq, Reuters has reported. The contract included providing services such as wire-line logging, perforating, acidising and well testing. Halliburton did not give financial details of the deal.
·Desertec looks for new shareholders in MENA region
The chief executive of Desertec Industrial Initiative (DII) has said the project is seeking new shareholders in the Middle East and North Africa in an attempt to broaden its geographical reach, Reuters has reported. "There are a number of interested parties. We are in intensive talks with companies in the Mena region, which we are trying to win as new shareholders," he added, but declined to name any potential candid ...
·Kuwait and Saudi JV planning gas facilities at Khafji oilfield
Al-Khafji Joint Operations (KJO), a joint venture between Saudi Arabia and Kuwait, plans to build gas and natural gas liquids (NGL) collection and distribution facilities at the Khafji oilfield, Reuters has reported. Engineering firms have until September 27 to submit their bids for the project, which is estimated to cost at least $50m, KJO said. "They want to collect the gas, which is being flared, and distribute it ...
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