Via Oil and Gas Daily, a report on a recently announced Sino-French African pipeline deal: French green groups on Monday denounced a newly inked multi-national accord to build a massive crude oil pipeline in East Africa, warning of huge environmental risks. The Ugandan and Tanzanian governments joined oil companies Total of France and China’s CNOOC […]
Read more »Courtesy of The Wall Street Journal, a report looking at the skirmish over an oil field on the shores of Africa’s Lake Albert which highlights Big Oil’s intense interest in Uganda—a rising star of African energy. As the article notes: “…The battle centers on the Ugandan assets of Heritage Oil PLC, a small U.K.-based explorer, […]
Read more »Via The Wall Street Journal, an article reporting that Total SA is looking to expand its cooperation with China’s leading oil producer on a range of fronts, including a multibillion-dollar natural-gas project in northern China and prospective overseas deals in Iran and Venezuela. As the report notes: “…The French oil-and-gas company has been aggressive about […]
Read more »Via The New York Times, an interesting report on Total’s activities in Yemen. As the article notes “…Yemen is a showcase for Total, whose experience here shows how far an oil company will go these days to unearth new energy supplies. Because of the endlessly complicated interplay of geology and geopolitics, access to petroleum resources […]
Read more »According to Reuters, Kazakh state oil company KazMunaiGas will create a joint venture with Royal Dutch Shell to handle the production segment of the Kashagan oilfield. As noted in the article: “…Energy Minister Sauat Mynbayev said KazMunaiGas would take over production-related operations at Kashagan in five years and join its new operational structure, according to […]
Read more »Via The Moscow Times, a report that Gazprom was among eight companies that signed deals to develop offshore gas fields with state-owned Petroleos de Venezuela. As the article notes: “…The deals included U.S.-based Chevron, Italy’s Eni, Portugal’s GALP Energia, Qatar Petroleum, Malaysia’s Petronas, Argentina’s Enarsa and Japanese companies Mitsui, Mitsubishi and Itochu, in a sign […]
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