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Energy

$16b Gas City Project: Uduaghan Condemns Attack on Jonathan, journalists

The Delta State Governor, Dr. Emmanuel Uduaghan, has decried accusations levelled on President Goodluck Jonathan of being partisan in the issue of the Delta...
Business

Nigeria Finance Minister Says Oil Bill Unlikely To Pass Before 2015 Poll

Nigeria's long-awaited Petroleum Industry Bill (PIB) is not expected to be voted on by parliament before a planned general election in February 2015, the...
Business

Egypt To Repay Debts To Foreign Oil Companies Within Six Months

Egypt plans to repay all of the $4.9 billion debt owed to foreign oil and gas companies within six months, the oil ministry said...
Business

Tanzania Says LNG Project Could Cost Up To $30 bln

A planned liquefied natural gas (LNG) export plant to develop Tanzania's vast gas reserves could cost up to $30 billion, the energy minister said,...
Energy

Africa Turns To Sunshine To Meet Surging Power Demand

Cut in half by the equator, sunshine is one thing that Africa has in abundance. Now a growing number of African enterprises are tapping this...
Business

Oil Below $80 Hits Rouble, Naira; Politics Weighs on Ukraine

A renewed downward lurch in oil prices put emerging market commodity currencies under more pressure on Thursday, with Russia's rouble facing additional headwinds from...
Energy

Shell ‘warned Nigeria pipeline could leak before spills’

Oil firm Royal Dutch Shell was told a pipeline had reached the end of its life years before it spilled up to 500,000 barrels...
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