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Tag Archives: Africa

Is Western oil addiction fueling conflict in South Sudan?

Zachary Toliver | Shale Plays Media Last month, South Sudan Information Minister Michael Makuei Lueth made a statement blaming Western nations for enticing the conflict that has plagued the country. He claimed that the alleged interest in the country’s oil, which is tied to eastern oil companies from China, Malaysia and India, could have angered Western powers. Oil exploration in ...

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INSIGHT-Better late than never, Germany joins new scramble for Africa

By Stephen Brown * Germany slow to invest in region outside S.Africa, Nigeria, Algeria * Now scrambling to catch up with China, France and other rivals * World’s 2nd-biggest exporter eyes growing African consumer markets * Africa hopes arrival of Germans will help develop local industry BERLIN, May 28 (Reuters) – German industry’s representative in Angola, Ricardo Gerigk, has a tough ...

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KSA shines spotlight on solar energy schemes

conference photo

By K.T. ABDURABB for Arab News, Jeddah, Saudi Arabia DUBAI — The opportunities for both local and international solar companies in the region have been increasing steadily, according to top industry executives who attended the two-day Middle East & North Africa Solar Conference and Expo (MENASOL) that concluded in Dubai. More than 400 top energy executives gathered at Dubai’s Hyatt Regency ...

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Somalis find new home in Cheyenne

CHEYENNE — While Wyoming might be the only state in the country without an official refugee resettlement program, that doesn’t mean there aren’t former refugees living in the Cowboy State. There are dozens, perhaps even several hundred, former refugees living in the Capital City alone. Many of these people, like Abdirashid Noor, are from the war-torn east African nation of ...

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Exclusive: Nigeria favors local firms in $40 billion oil contract awards


By Emma Farge and Tim Cocks DAKAR/LAGOS (Reuters) – Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from Africa’s top producer. Global commodity traders, refiners and Nigerian dealers jockey at ...

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Nigeria Navy destroys 260 illegal oil refineries

Abandoned Refinery

WARRI, Nigeria (AP) — The Nigerian Navy says it destroyed 260 illegal oil refineries and burned 100,000 tons of contraband fuel to try to halt oil thefts bedeviling the economy of Africa’s biggest petroleum producer. Commanding officer Capt. Musa Gemu said sailors of the NNS Delta destroyed the refineries in the Warri South-West area of southern Delta region Friday night ...

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Equatorial Guinea seeks to shake off ‘oil curse’ image


MALABO (Reuters) – On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa’s No. 3 energy producer where oil and gas revenues have fed a frenzy of construction. But cutting away the jungle is proving easier for President Teodoro Obiang Nguema than shedding his central African nation’s ...

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