Africa set for an oil and gas boom

2014-09-04 05:00

Africa's energy industry could soar in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract investment, a report says.

Italian giant enters SA exploration deal

2014-06-10 11:46

An Italian oil and gas group has agreed to buy an interest in an exploration permit granting rights to explore off South Africa's east coast.

Italian govt brings in new management

2014-04-15 10:25

The government of Italian Prime Minister Matteo Renzi has put new faces onto the boards of the country's biggest state-controlled companies.

Greenland eyes mines, says prime minister

2014-01-21 20:31

Greenland will push ahead with a uranium and rare earths mine, despite objections as the melting of the polar ice cap unlocks the country's mineral riches.

World's costliest oil field starts flowing

2013-09-11 18:30

Investors in the mammoth Kashagan Caspian Sea project sighed in relief as the first drops of oil began trickling from the world's most expensive oil field.

Eni could sell further stake in Mozambique

2013-09-04 11:18

Italian oil and gas group Eni could sell another stake in its Mozambique gas field.

State oil HQ moves to troubled Benghazi

2013-05-29 21:48

Libya has confirmed that the headquarters of the state energy firm will move to the volatile eastern city of Benghazi in a response to demands for more authority for the oil-rich region.

Eni: Mozambique discovery 50% larger

2011-10-27 14:22

The Italian gas and oil company Eni says a gas discovery off the coast of Mozambique is 50% larger than previously announced.

Eni leads in Libya oil race

2011-08-22 15:01

Italian oil firm Eni is heading the charge back into Libya as rebels warn Russian and Chinese firms of contract revisions.

Gaddafi must be toppled by force - rebels

2011-04-19 19:02

Muammar Gaddafi can only be toppled by force, Libya's rebel president has said during a visit to Rome.


LNG investment of $30bn in Mozambique

2014-08-22 10:55

More than $30bn will be invested initially in Mozambique's natural gas sector to build capacity to produce 20 million tonnes per year of liquefied natural gas.

Mozambique mulls sovereign wealth fund

2014-05-30 11:08

Mineral-rich Mozambique is considering the establishment of a sovereign wealth fund, says the country's finance minister.

Iran plans to win back Western business

2014-01-23 14:14

Iran will have a new, attractive investment model for oil contracts, say Iranian President Hassan Rouhani and Oil Minister Bijan Zanganeh.

Berbers 'halt flow' of Libya gas to Italy

2013-11-06 23:04

Berber protesters occupying a gas terminal at Mellitah in western Libya say they are cutting off the Greenstream gas pipeline that delivers supplies to Italy.

China buys into Kazakh oilfield for $5bn

2013-09-08 13:15

China's President Xi Jinping will oversee his country's entry into Kashagan, a vast oilfield in Kazakhstan, as he tours post-Soviet Central Asia.

Statoil delays $15.5b Arctic project

2013-06-05 15:04

The Norwegian government's hopes of creating a new oil region in the far north has hit a snag over a planned tax increase.

US, Libya probing oil firms - report

2012-04-09 11:44

US and Libyan authorities are probing oil giants including Eni and Total for their past ties to the fallen regime of Muammar Gaddafi, says The Wall Street Journal.

Libya says no review of ENI deals

2012-01-01 22:00

Libya has clarified that the review of contracts of Italian oil major ENI signed with the previous regime of Muammar Gaddafi will not involve its oil and gas deals.

ENI CEO meets rebel leaders in Libya

2011-08-29 14:21

The chief executive of Italian oil firm Eni was in eastern Libya to meet with members of the rebel government, a spokesperson for Libya's rebel transitional government says.

PetroSA, Eni in Africa expansion deal

2011-06-06 14:13

Italian oil giant Eni has signed a memorandum of understanding with state oil firm PetroSA, opening up joint exploration on the rest of the continent.

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