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Kenya: Kenya, Venezuela Discuss Oil
The Government will start purchasing crude oil from Venezuela at concessionary rates once implementation of a Joint Commission for Cooperation comes into force, Foreign Affairs Minister Mr Raphael Tuju says.
Tuju said the oil deal will be for six years, to be renewed automatically for a similar period.
Africa 2007
The Venezuelean government will also assist Kenya in [...]
East Africa: Firms Pump Sh21bn Into Oil Search
Total investment in oil and gas exploration in the region is over Sh21 billion ($300 million), the East African Community secretariat has said.
However, the Community’s Secretary General, Juma Mwapachu said in a brief issued to authorities overseeing exploration activities that the investment is yet to translate into value through commercial discoveries of crude oil and [...]
UK class action starts over toxic waste dumped in Africa
Lawyers will today begin preparing the ground for one of the largest class actions heard in the UK over 400 tonnes of allegedly highly toxic waste dumped in the Ivory Coast from a cargo ship chartered by a London-based company.
The legal team will start taking statements from thousands of witnesses. At least 10 people died [...]
Global Gold Appoints Hrayr Agnerian Senior Vice President
Global Gold Corporation (OTCBB: GBGD) (www.globalgoldcorp.com) is pleased to announce the appointment of Toronto based geologist Hrayr Agnerian of Scott Wilson Roscoe Postle Associates, Inc. to the position of Senior Vice President for Exploration and Development. Mr. Agnerian has been a member of the board of directors of Global Gold, but agreed to step down [...]
Global Gold Appoints Hrayr Agnerian Senior Vice President
Global Gold Corporation (www.globalgoldcorp.com) is pleased to announce the appointment of Toronto based geologist Hrayr Agnerian of Scott Wilson Roscoe Postle Associates, Inc. to the position of Senior Vice President for Exploration and Development. Mr. Agnerian has been a member of the board of directors of Global Gold, but agreed to step down from the [...]
Kenya: Kenyans Cross Their Fingers As Company Searches for Oil
The country’s hopes of striking oil rests with 145 workers prospecting for it at the Kenyan coast.
The engineers, geologists and marine experts are searching for oil while on a ship off the Lamu Coast.
Kenya’s hopes of striking oil rest with 145 Australian firm employees prospecting for the mineral at the Coast.
The search has started at [...]
Feeding frenzy for Africa’s oilfields grows
Cape Town – Africa accounts for only about 10 percent of world oil reserves. But the continent is the focus of a feeding frenzy among energy companies that is just beginning in countries such as Libya and Angola.
Crisis in Iraq, concerns about energy nationalism in South America and difficulties investing in Russia had limited exploration [...]
Feeding frenzy for Africa’s oilfields grows
Cape Town – Africa accounts for only about 10 percent of world oil reserves. But the continent is the focus of a feeding frenzy among energy companies that is just beginning in countries such as Libya and Angola.
Crisis in Iraq, concerns about energy nationalism in South America and difficulties investing in Russia had limited exploration [...]
Oilsands tapping Canada’s freshwater supply dry
NAIROBI, KENYA — Environment Minister Rona Ambrose must deal with a new warning about Canada’s freshwater supply when she steps onto the international stage to sell her government’s plan to fight global warming at a United Nations climate change conference.
A study released on Monday by two environmental groups warns that booming expansion of Alberta’s tar [...]
