Oil Politics

As an investor learn the politics in areas you would like to inject resources into

AfricaOil Q3 operations update – Puntland, Somalia

Dharoor Valley and Nugaal Valley Blocks The Company continues to evaluate the encouraging results of the two wells drilled in 2012 on the Dharoor Valley block which proved all the critical elements exist for oil accumulations, namely a working petroleum system, good quality reservoirs and thick seal rocks. Based on these encouraging results, the Company, …

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Indigenous companies to account for over 30% of oil and gas production in Nigeria within 5 years

Atlantic Energy Co-CEO, Scott Aitken made a presentation at the African Oil Week, one of the largest oil and gas conferences held on the African continent held in Cape Town, South Africa 25th – 29th November 2013. In his presentation titled: “Onshore Niger-Delta – A changing Landscape”, Mr. Aitken explained there are 100’s of underdeveloped …

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Turkana elders want Kenyan government to subdivide oil land

Story by: Daily Nation – Clan leaders in Turkana want the government to subdivide land in an area where a British company is exploring for oil. The residents argue that this will avert land disputes in the region, which has seen an influx of land buyers after Tullow Oil announced it had discovered the black …

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Kenya asked not to brush aside oil marketers’ storage claims

Story courtesy of The Standard The debate pitting marketers against the ministry of Energy and Petroleum and Kenya Pipeline Company is not healthy. Worse, the country risks paying a heavy price in the event that the oil marketers are right in their assertions that dozens of speculators have invaded the petroleum market, taking up much …

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Vanoil Says It May Accept Other Explorers in Rwanda Oil Search

By Bloomberg Vanoil Energy Ltd. (VEL) is discussing with the Rwandan government the option of allowing other companies to help explore the country’s East Kivu Graben Basin as they seek to end a dispute over exploration rights. “It is possible that a settlement or an agreement between the parties might allow other companies to come in, …

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