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Gas Distribution System in Uzbekistan to be Modernized
Uztransgas joint-stock company and Alcatel-Lucent Shanghai Bell Co. (China) are to modernize Uzbekistan’s gas distribution system in 2010-2011.
Russian Energy Giant And Italian Energy Company in Deal Over Libyan Oil Well
The Russian energy giant, Gazprom has announced that it has agreed terms with Italy’s energy company Eni on joining the Elephant oilfield in Libya in an asset-swap deal. The terms were agreed after a meeting between Gazprom chief executive officer Alexei...
Inadequate Local Manpower Major Problem for Petroleum Industry in Nigeria
Nigeria’s Petroleum Training Development Fund (PTDF) has identified the lack of sufficiently trained local manpower as a major challenge in the development of the country’s oil and gas sector. Mr Rabe Darma, the Executive Secretary of PTDF said...
African Development Bank Approves $150m Loan to Tunisia’s State-owned Oil And Gas Company
The African Development Bank (AfDB) Group has approved a $150-million non-sovereign guarantee corporate loan to Tunisia’s state-owned oil and gas exploration and production company, the Entreprise Tunisienne d’Activités Pétrolières (ETAP), the...
Libya Intensifying Development of ‘oil Sector’
Libya has stepped up radical development of the country’s oil sector, focusing on gas exploration and production with a view to increasing exports to Europe. Speaking to Oxford Business Group (OBG), over the weekend, Shokri Ghanem, Chairman of the country’s...
United Arab Emirates: A Strategic Destiny – Opinion
When we think of the Gulf area we are used to hearing the negative news related to the Iraq war or the usual tension with Iran, but we must also see the positive examples that the area is offering to us and United Arab Emirates are without a doubt such...
Kenyan President Woos Investors As Nation Marks 46th Jamhuri Day
On Saturday Kenya marked the 46th anniversary of Jamhuri day with President Mwai Kibaki urging international investors to take advantage of the bright future that lies ahead for Kenya and the region through the East African Community Common Market protocol...
Egyptian And Algerian Officials Discuss Cooperation in Petroleum Industry
The Egyptian Petroleum minister Sameh Fahmy, met Monday with Chakib Khelil, Algeria’s Energy minister, who is currently visiting Egypt heading a large delegation to attend the meetings of the Organization of Arab Petroleum Exporting Countries (OAPEC).
