Surpasses Nigeria as Africa's Largest Oil Producer
In April, Angola
reached a production rate of 1.92 million barrels per day (b/d),
slightly below its potential of 1.93 million b/d, according to the
Organization of Petroleum Exporting Countries (OPEC). Nigeria produced
1.88 million b/d.
to bring news on issues, activities and events on the oil and gas
industry in Africa.
(click here to download)
MAY 2008 AFRIK
passed Nigeria as Africa's number 1 supplier of crude oil. Most media
sources contribute to conflicts in Nigeria. AFRIK ENERGY NEWS cites
long-term and well-planned strategies put in place by Angola. Read this
Editor's Corner for more details.
industry is in the crosshairs of the US government as it probes
alleged bribery by former Halliburton sub subsidiary, Kellogg, Brown and
Root to Nigeria officials. Also Barack Obama, US Democratic presidential
candidate, proposes a $15 billion levy against big oil profits.
companies caught in the middle of in-country Africa government politics
as in the case where Tullow Oil loses its Congo oil permit and Africa
Oil operations come under militant attack in Somalia. Multi-million
dollar contracts. And as usual, read some of the latest
multi-million dollar contracts being awarded.