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 petroleum in Equatorial Guinea

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updated Thu. October 24, 2019

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A small state of 1.2 million people, awash with oil but mired in poverty and a reputation for corruption, Equatorial Guinea has been ruled with an iron fist by Teodoro Obiang Nguema since 1979. “Human rights violations are common currency and used by those who wield power in Equatorial Guinea,” said ...
Some African countries have recorded democratic victories in the past 12 months. Ethiopia has a new leader whose ascent holds great promise for change, despite the country's problematic 2015 election. Liberia and Sierra Leone have new leaders. But elsewhere on the continent, leaders continue to ...

However, Obiang wants them to completely take over from international groups, which he says are aimed at “destroying African states like Equatorial Guinea”. The 75-year-old has ruled the tiny West African country — awash with oil but mired in poverty and a reputation for corruption — with an iron fist since ...
President Obiang revealed that during his country's quest for oil, a number of oil and gas companies visited Equatorial Guinea with hidden agendas to the extent that they were not willing to share their findings with his government. “We were told that we had no oil. Oil or petroleum is a very conflicting ...
Africa needs to reconceptualise oil and gas opportunities in the region and the partnership between Togo and Equatorial Guinea aims to bring a sustainable ... gas pipeline project and Kenya Pipeline Company (KPC) planning to build US$125mn facilities to handle and store liquefied-petroleum-gas (LPG), ...
An alleged Russian “front man” for Equatorial Guinea's kleptocratic ruling Obiang family counts two notable Ukrainian businessmen among his ... The arrests followed an initial complaint alleging that Kokorev laundered US$ 26.5 million of oil money embezzled from Equatorial Guinea into Spanish real ...

An alleged Russian “front man” for Equatorial Guinea's kleptocratic ruling Obiang family counts two notable Ukrainian businessmen among his ... The arrests followed an initial complaint alleging that Kokorev laundered US$ 26.5 million of oil money embezzled from Equatorial Guinea into Spanish real ...
Greater petroleum industry collaboration between the UAE and Equatorial Guinea, and between OPEC nations in the Middle East and Africa, was on the ... the role of Equatorial Guinea and African nations in OPEC; the state of the coalition between OPEC and non-OPEC members to rein in oil production; ...
Equatorial Guinea hopes the acquisition by Kosmos Energy Ltd. and Trident Energy Management Ltd. of fields operated by Hess Corp. will stem a decline in production after years of under-investment. Still, government plans to stimulate spending by exploration licensees such as ExxonMobil Corp and ...
Equatorial Guinea became a member of OPEC in May 2017, and apart from being the newest member, it's also the smallest producing nation that is part of the cartel. In January 2018, Equatorial Guinea pumped 134,000 bpd of crude oil, the smallest amount among OPEC's 14 members, according to ...
This agreement is the latest in a series of bilateral energy cooperation MoUs signed by Equatorial Guinea with African oil and gas nations. It primarily seeks to promote the exchange of information, knowledge and experience with respect to petroleum and mining policy. In particular, Equatorial Guinea will ...
“Also this year, Mozambique will be able to send to Equatorial Guinea a group of Mozambicans with academic training who can work on petroleum installations”, he added. These interchanges would work both ways, in that Mozambique could also accept Equatoguinean students “to learn in the area of ...
LONDON/BEIJING—A backlog of crude cargoes has built up off the coast of China, limiting prospects for new shipments to the world's largest oil ... monitor Genscape showed the bulk of the oil waiting on ships came from West Africa, specifically Angola, Equatorial Guinea and Republic of Congo, but ...
Equatorial Guinea's president Teodoro Obiang Nguema has dissolved his government, including the powers of the prime minister and his three deputies, ... Equatorial Guinea has become one of sub-Saharan Africa's biggest oil producers, but a large proportion of its 1.2 million population lives in poverty.
Equatorial Guinea's reputation for political violence, lack of institutions and relative oil wealth make it an enticing location for coup attempts. Central African oil producers have been hurt by the plunge in crude oil prices in recent years, putting regional leaders on the defensive. Domestic turmoil is a ...
President Yoweri Museveni and Equatorial Guinea his counterpart, President Teodoro Obiang Nguema Mbasogo have directed their respective Ministers to ensure speedy implementation of existing frameworks and work towards concluding those of cooperation in Energy and Oil sectors, Defence and ...
25 (Xinhua) -- Ugandan and Equatorial Guinea presidents on Thursday held bilateral talks to shore up development and cooperation between the two countries. ... The two leaders in August in Equatorial Guinea signed Memorandum of Understanding on oil and gas cooperation as well as trade and culture ...

The 75-year-old is Africa's longest-serving leader, ruling the country with iron fist since 1979. Equatorial Guinea, a former Spanish colony, is one of Sub-Saharan Africa's biggest oil producers, but a large proportion of its 1.2-million population live in poverty. Critics accuse Obiang of brutal repression, ...
Corruption, poverty, and repression of human rights continue to plague Equatorial Guinea under President Teodoro Obiang Nguema Mbasogo, the world's longest serving president, who has been in power since 1979. Vast oil revenues fund lavish lifestyles for the small elite surrounding the president, ...
Algeria was up 30,000 bpd in December, but the downward trend continues. (Click to enlarge). Angola's crude oil production is holding steady. (Click to enlarge). Ecuador's latest peak was in 2015 and they have been in slow decline since then. (Click to enlarge). Production out of Equatorial Guinea is in ...
Marathon Oil Corporation (NYSE:MRO) is a mid-sized upstream oil & gas player that is primarily focused on American unconventional plays, with a sizable presence in Equatorial Guinea's hydrocarbon sector and a small footprint in the UK's upstream space. After splitting its downstream & midstream ...
"After the elections, the regime began a widespread campaign of political persecution of CI supporters," a member of Equatorial Guinea's civil society told AFP on Monday, speaking on condition of anonymity. Equatorial Guinea is one of sub-Sahara's biggest oil producers but a large proportion of its 1.2 ...
Equatorial Guinea is a small, oil-rich state that has been ruled since 1979 by Teodoro Obiang, Africa's longest-serving president. ... Chadian Foreign Minister Mahamat Zen Cherif said after a visit to Malabo that the author of the coup bid "is believed to be an Equatorial Guinean national living in Europe".
Interests in Djibloho, sometime called Oyala, escalated after Equatorial Guinea, Africa's third largest oil producer, in February last year, announced the movement of its administrative capital from Malabo on Bioko Island to the mainland. The Prime Minister, who was also in charge of the Administrative ...
"Before this alleged coup attempt, there had been a tightening of any democratic space for debate and discussion in Equatorial Guinea," he said. The country's economic problems, exacerbated by low oil prices, had also increased the tension. "So I was not completely surprised by reports of an alleged ...
Francois Lounceny Fall, the UN envoy for West Africa who who has been dispatched to Equatorial Guinea for talks after authorities in the oil-rich country said they had put down an attempted coup by foreign mercenaries. PHOTO | KIRILL KUDRYAVTSEV | AFP ...
Francois Lounceny Fall, the UN envoy for West Africa who who has been dispatched to Equatorial Guinea for talks after authorities in the oil-rich country said they had put down an attempted coup by foreign mercenaries. PHOTO | KIRILL KUDRYAVTSEV | AFP ...
The central African nation of Equatorial Guinea says it thwarted an attempted "coup" in late December against the government of Teodoro Obiang ... The "mercenaries ... were recruited by Equatorial Guinean militants from certain radical opposition parties with the support of certain powers", AFP news ...
According to Prof. Sabiti Makara, from the department of political science at Makerere University, it is a wrong decision for Uganda to choose Equatorial Guinea as a case study in developing the oil sector because half of that country's population still languishes in poverty despite the abundant oil wealth.
OPEC oil basket's price stood at $60.73 per barrel on Dec. 6, which is $0.14 less than on Dec. 5, the cartel told Trend on December 7. The OPEC Reference Basket of Crudes (ORB) is made up of Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), ...
Oil prices are weakly fluctuating on Friday under the pressure of dollar strengthening and in anticipation of statistics on the dynamics of the number of ... OPEC and other major oil producers such as Russia, Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman, Sudan, and ...
On Oct. 27, a Paris criminal court convicted Teodoro Nguema Obiang Mangue, the vice president of Equatorial Guinea and son of its president, of money laundering and embezzlement of more than $100 million. Mr. Obiang received a suspended three-year prison sentence and was fined $35 million.
... Libya, Equatorial Guinea and Nigeria, expressed their “profound concern” about ... The GECF is modelled after the Organization of the Petroleum Exporting ... whose 12 member nations manage oil supply to control prices.
... Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran ... The price for January futures of Brent crude oil has decreased by ...
Equatorial Guinea's constitutional court has confirmed the results of this ... The PDGE has dominated the parliament of the tiny oil-rich country ...
How Latin America's Next Oil Power Can Avoid the Resource Curse ... Where that is not the case, for example as in Equatorial Guinea and Angola, ... How Guyana's authorities handle petroleum discoveries will determine ...
Ecuador pumps around 530,000 bpd of oil and is OPEC's third-smallest producer after Equatorial Guinea and Gabon. Ecuador's oil production ...
I have now included Equatorial Guinea although I only have data from January 2015 from OPEC's secondary sources. The January 2015 E.
Two former executives at a Dutch oil and gas services company ... bribing foreign government officials in Brazil, Angola and Equatorial Guinea.
Equatorial Guinea will vote in parliamentary elections on Sunday ... Africa's longest-serving leader, who has ruled the tiny oil-rich nation for 37 ...
Corruption in Equatorial Guinea, one of Africa's poorest countries, has ... as the small revenue generated from nation's oil deposits ends up in ...
The Equatorial Guinean government has vigorously defended ... The discovery of oil in the early 1990s catapulted Equatorial Guinea from one ...
Teodorin Obiang, the son of Equatorial Guinea's president, has been ... public money from his oil-rich but impoverished west African state to ...
With this new contract, Ophir Energy has entered a second oil and gas ... Republic of Equatorial Guinea Minister of Mines and Hydrocarbons ...
Equatorial Guinea joined the Organization of Petroleum Exporting Countries in May, making the group the largest it's ever been. The nation's oil ...
OPEC oil basket's price stood at $55.52 per barrel on October 19 that ... Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran ...
Ophir Energy signs new offshore exploration contract in Equatorial Guinea ... and Hydrocarbons of Equatorial Guinea and national oil company ...
Offshore Equatorial Guinea seismic results are very promising. ... off Equatorial Guinea could prove to be a new, rich source of oil and gas.
Speedcast International announced that the company has been selected to provide Medium Earth Orbit (MEO) Ka-band managed ...
The above chart does not include the 14th member of OPEC that was recently added, Equatorial Guinea. I do not have historical data for ...


 

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