Kuwait City, Kuwait | AFP | Fifteen oil workers, most of them from the Indian subcontinent, were killed Sunday in a head-on collision between two buses in southern Kuwait, officials said. Seven of those killed were Indian nationals, five were Egyptians and the other three from Pakistan, said Mohammed al-Basri …
Read More »Shell accuses ex-exec over Nigeria oil deal
Lagos, Nigeria | AFP | Shell has filed a criminal complaint in the Netherlands against a former employee in connection with a 2011 oil deal in Nigeria, a company spokesman said Wednesday. News of the complaint, which was filed last week, comes at the same time the energy giant is facing …
Read More »US restricts trade with South Sudanese oil firms
Washington, United States | AFP |The United States imposed restrictions Wednesday on exports of US technical support to the South Sudanese oil industry, warning that it is fuelling the bloody civil war there. State Department spokeswoman Heather Nauert said exporters will henceforth need a license to export, re-export or transfer …
Read More »Shell, ENI accused of negligence over Nigeria oil spills
Lagos, Nigeria | AFP | Nigeria was on Friday urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. Rights group Amnesty International said there were “reasonable doubts” about how the spills happened, suggesting corrosion rather than oil …
Read More »Slow oil and gas development hurts logistics industry
Kampala, Uganda | ISAAC KHISA | Joram Nyanzi is the managing director of Kenlloyd Logistics Uganda Ltd. He spoke to Isaac Khisa about the performance and prospects of the region’s logistics industry. What is your management style as the managing director? I am a strong believer in human resource in an …
Read More »Angola’s Isabel dos Santos denies Sonangol fraud claims
Luanda, Angola | AFP | Angolan businesswoman Isabel dos Santos, daughter of former president Jose Eduardo dos Santos, on Monday denied claims that she presided over corruption when she ran state oil giant Sonangol. Prosecutors opened an investigation on Friday into possible graft at Sonangol and will probe “irregular financial …
Read More »Eni and Shell trial over Nigeria kickbacks postponed
Milan, Italy | AFP | A trial for oil giants Eni and Shell over bribery and corruption allegations in the purchase of an offshore oilfield in Nigeria was delayed for two months on Monday. The trial had been set to start in a Milan court, but the judge said that, …
Read More »Eni and Shell go on trial over Nigeria kickback scandal
Milan, Italy | AFP | Oil giants Eni and Shell go on trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni and Shell are among those facing …
Read More »Nigeria looks to local skills to develop oil and gas
Lagos, Nigeria | AFP | Fishing boats look like specks alongside Egina, which has been moored for the last month in Lagos. Even the container ships that normally dominate the port look like small boats. The floating production storage and offloading facility (FPSO), developed by the French group Total, looks …
Read More »Angola probes Isabel Dos Santos’ time as Sonangol chief
Luanda, Angola | AFP | Angolan prosecutors opened an investigation on Friday into possible corruption at the country’s state oil giant when it was run by former president Jose Eduardo dos Santos’ daughter Isabel. Investigators will probe “irregular financial transfers” reported by Sonangol’s new management, prosecutors said in a statement. …
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