Posts Tagged ‘Oil’

Nigerian Oil Ship Detained At Tema Port

Nov 30th, 2009 | Headlines

A NIGERIAN oil ship believed to have been hijacked and pirated from Lagos, which managed to find its way into Ghanaian territorial waters, has been intercepted by a combine team of the Ghana Navy and the National Security at the Tema port on Thursday.
A source at the Tema Port, who spoke to DAILY GUIDE about [...]



BP to battle ExxonMobil for Ghana oil

Oct 23rd, 2009 | Business & Finance

BP, the oil group, is considering a bid for one of Africa’s biggest offshore oilfields in a move that could pitch it into a direct battle for control with ExxonMobil, its arch US rival.
BP has held talks with Ghana National Petroleum Corporation (GNPC) about a possible joint bid for a stake in the Jubilee deepwater [...]



Exxon Buys Kosmos’ Ghana Oil Field Stakes

Oct 7th, 2009 | General News

Unconfirmed reports say U.S. oil giant ExxonMobil has bought Kosmos Energy’s stake in oil blocks offshore Ghana that contain large oil discoveries, a person familiar with the matter told Dow Jones Newswires Tuesday.
The deal marks the first entry by one of the world’s major oil companies into what is proving to be a significant new [...]



Nigeria lost $120m to militants’ attacks

Sep 3rd, 2009 | Africa & World

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mohammed Barkindo, has said Nigeria has lost about $120 million to recent attacks on oil facilities in the Niger Delta Area and Lagos.
The revelation by NNPC GMD came just as it was also revealed by a senior military officer, attached to the office [...]



Reporting Oil and Gas Project launched

Jun 5th, 2009 | Headlines

In August 2007, Ghana through a consortium of oil exploration companies announced the discovery of oil in commercial quantities off the Western shores in Ghana’s Western region.
The initial estimate by Tullow Oil PLC and its partners of 800 million barrels of oil in the deep water Tano block has now been revised upwards to a [...]



Niger Delta war: Pa Juweigha, 102, oldest man in Gbaramatu bombed to death

May 25th, 2009 | Africa & World

A centenarian and an octogenarian were shot dead as the Joint Military Task Force [JTF] in the troubled Niger Delta region intensified the onslaught on Ijaw communities suspected to have provided a safe haven for fleeing militants at the weekend.
In a surprise aerial and amphibious attac on Benikurukuru and Ekoteama communities located on the fringes [...]



Thousands flee Nigeria Delta carnage

May 22nd, 2009 | Africa & World

Thousands of refugees from a remote area of a Nigerian oil-producing state have fled fighting between the military and oil rebels; sleeping in the swamps and too afraid to go home.
When military helicopters buzzed over the small town of Oporoza, in Nigeria’s Niger Delta, it was just two days after 19-year-old Happiness Michael had given [...]



Government to practicalise use of local content in oil industry

May 8th, 2009 | Headlines

From Benjamin Mensah, GNA Special Correspondent, London
London, May 8, GNA – Dr Kwame Donkor, Deputy Minister of Energy, has said the government was taking steps to practicalise the use of local content across the broad spectrum of oil exploration and operations.
Government, he said, would therefore place emphasis on the local content in all negotiations for [...]



Government reaffirms transparency in oil management

Apr 29th, 2009 | Business & Finance

Accra, April 28, GNA – The Deputy Minister of Energy, Dr Kwabena Donkor on Tuesday reaffirmed government’s commitment to ensure transparency and good governance in the management of the country’s oil find. Speaking at the launch of Oil and Gas Sector Research and Advocacy Project (OGSRAP) in Accra, Dr Donkor said government was committed to [...]



Nigeria govt re-assures nation as fuel shortages hit

Apr 22nd, 2009 | Africa & World

The Nigerian office of the presidency has allayed fears of consumers in Nigeria as fuel shortages looms following the strike by tanker drivers over the weekend in the west African state.
Last Saturday, the tanker drivers suspended the loading of petroleum products in Lagos on vowed not to return to work unless their 50 trucks seized [...]