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Biofuel Firm May Lose Mozambique License

Biofuel Firm May Lose Mozambique License

Aviam Ltd, a Mozambican company with Italian interests is on the verge of losing its license for the exploration of 10,000 hectares of land at a Jatropha plantation in the district of Nacala-a-Velha, in the northern province of Nampula, local reports...
Tajikistan Begins Construction on Their First Oil Refinery

Tajikistan Begins Construction on Their First Oil Refinery

Tajik President Emomali Rahmon launched the construction of the country’s first oil refinery during a working trip to the town of Tursunzoda in the Shahrinav district.
Oil Deposits Discovered in Extreme North of Cameroon

Oil Deposits Discovered in Extreme North of Cameroon

The National Hydrocarbons Corporation (SNH), Cameroon’s state oil company announced Sunday, the discovery of oil deposits in the extreme north of the country. How People Arrived Here: cameroon oil, discovery of crude oil in cameroon, oil discovery...
Iran Ready to Export Jet Fuel to Neighbors

Iran Ready to Export Jet Fuel to Neighbors

In a show of bravado to Western countries imposing sanctions, Iran has announced that it is ready to export jet fuel to neighboring countries.
Fire Claims One Life At Ghana’s Tema Oil Refinery

Fire Claims One Life At Ghana’s Tema Oil Refinery

The Tema Oil Refinery (TOR), Ghana’s main oil refinery caught fire on Tuesday at its loading point, killing one person in the process. The cause of the fire is not immediately known. Meanwhile, the Ghana Fire Service has brought the fire under control...
Prices Rise As Cameroon Faces Domestic Gas Shortage

Prices Rise As Cameroon Faces Domestic Gas Shortage

A gas shortage prevailing in Cameroon has caused a price hike. The 12-kilo bottle which usually costs CFA 6,000 is now sold in some areas at CFA 7,000, let alone that customers have to move from one place to another to look for the precious gas. “I...
OilMozambique to Build $8 Billion Oil Refinery

OilMozambique to Build $8 Billion Oil Refinery

OilMozambique Limited on Thursday announced that it would start building a $8 billion oil refinery in the south of the Mozambican capital of Maputo this year.
Bush Says He Does Not Know Whether America Economic Performance Meets the Technical Definition of a Recession

Bush Says He Does Not Know Whether America Economic Performance Meets the Technical Definition of a Recession

President George Bush says the United States faces difficult economic times – a situation made worse by congressional inaction. VOA’s Michael Bowman reports from the White House, where Mr. Bush held a news conference. President Bush says...
Iran Increases Investment in Sri Lanka Oil Refinery

Iran Increases Investment in Sri Lanka Oil Refinery

Sri Lanka’s Minister of Petroleum & Petroleum Resources Development, A.H.M. Fowzie told foreign news agencies that Iran has decided to increase its investment in the expansion of the oil refinery up to one billion US dollars.
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