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Ever since last year China's Sinopec has been trying to make up for lost time in Africa against its long-standing rival CNPC. It has just pulled off two major coups. [...]
The Chinese firms Sinopec and China National Petroleum Company (CNPC) are competing fiercely with one another for holdings in Africa. Sinopec has won the latest round. [...]
Petrel Resources has just submitted an application for an exploration license in Sudan's offshore in the Red Sea. After Sonatrach and Slavneft, Petrel is the third company to display an interest in the area. [...]
Although observers have their eyes fixed on the possible acquisition of Talisman's 25% stake in the GNPC by ONGC Videsh, bargaining of a far more discreet nature is taking place at present in Khartoum. [...]
Sonatrach has been champing at the bit to invest in oil exploration in Sudan ever since a joint Algerian-Sudanese [...]
Algiers and Khartoum are now talking of oil exploration instead [...]
Malaysia’s state-owned group Petronas group will shortly make its debut in Morocco. The company has acquired a 42.5% stake on [...]
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