Market News
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Egypt engaged in talks on importing Israeli gas
Posted on :Monday , 2nd February 2015
Egypt is considering importing natural gas from Israel as a delegation from American oil firm Noble Energy has traveled to the North African country for talks over the issue, sources say.
“Negotiations are underway about the amount of gas that can be imported,” an Egyptian Oil Ministry source said on Sunday, adding the talks were about the technica. . .The West\'s baloney about China-Africa cooperation
Posted on :Monday , 2nd February 2015
challenges that is faces today," said Macharia. "The West has been in Africa for a long time but has never made development of Africa's infrastructure as a priority.""The Western nations only develop infrastructure in Africa that helped to ship Africa's resources to the West," said Dr. Gerishon Ikiara, lecturer of international economic. . .Low Oil Prices To Spur More M&As In Oil & Gas Sector
Posted on :Monday , 2nd February 2015
The oil and gas sector is set to see increased deal activity across the world as a result of low oil prices, the latest report from consulting firm AT Kearney showed.
The report said that mergers and acquisitions in the oil and gas sector showed strong growth in 2014 after a slow year in 2013.Meanwhile the fall in oil prices and. . .Nampower to start building gas-fired plant
Posted on :Friday , 30th January 2015
The 250-megawatt project will be commissioned in the following 18 months, Managing Director Paulinus Shilamba said Friday in a telephone interview. The plant, to be located in Namibia’s coastal Erongo region, will use fuel sourced from a U.S.-based gas trader, he said.
“Various fuel options were investigated prior to initiation of the procurement . . .Nigeria Has Capacity to Refine One MBPD of Crude Oil By 2017
Posted on :Friday , 30th January 2015
"If all these are added together we will have about one million barrels per day refining capacity, I also presumed that NNPC is planning to upgrade its refineries by increasing the capacity and modernising the technologies, they have the potential of doubling the capacity from 445,000bpd to 900,000bpd," he said.
Soyode said making the refineries comp. . .Please Select an Option
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