South Sudan Oil Exports Expected To Reach Global Markets In May
South Sudan’s crude-oil exports are expected to reach the international market by May, Wall Street Journal (WSJ) reported on Wednesday, citing a top official at the national oil company.
Zambia Attracts African, Saudi Firms for Oil Hunt Partnerships
ZCCM Investment Holdings Plc (MLZAM), the company 88 percent owned by the Zambian government, has received interest from African and Saudi Arabian companies in partnerships to explore for oil and gas in the country.
East African Oil Goes Boom
In 1977 there were 1 million cars in China. Today there are 51 million. Mob scenes at Toyota dealerships in Beijing are evidence that this trend is not going away.
Global oil demand grew by 800,000 barrels a day in 2012 and is forecast to increase a million barrels a day for 2013.
Africa Oil Signs Petroleum Exploration, Production Agreement
The Ministry of Mines (MoM) and Africa Oil Corporation, a Canadian oil gas company with assets in Kenya, Ethiopia and Mali, signed a Petroleum Production Sharing Agreement last week.
