Africa Oil Corp (AOI.TO)
SAO PAULO, Oct 31 Brazil's Petroleo Brasileiro SA will sell its 50 percent stake in a Nigerian oil and gas exploration venture to a consortium led by top oil trader Vitol for $1.53 billion, the latest step in the state-controlled oil company's debt reduction drive, according to a securities filing on Wednesday.
NAIROBI, Aug 8 Tullow Oil and the Kenyan government have agreed to resume work at Tullow's oilfields where work to truck crude oil had stopped for more than a month after protests by the community, a senior petroleum ministry official said.
* Tullow expects oil trucking scheme to resume in "near future" (Recasts, adds details on protests)
NAIROBI, May 29 Tullow Oil has awarded an engineering design contract for oil production in its northern Kenyan blocs to Australia's Worley Parsons, a Kenyan petroleum ministry official told Reuters on Tuesday.
NAIROBI Kenya will start the small scale export of crude oil from its fields in the far northern county of Turkana in June after an agreement on how to share the revenue, averting delays, the presidency said on Saturday.
NAIROBI, May 19 Kenya will start the small scale export of crude oil from its fields in the far northern county of Turkana in June after an agreement on how to share the revenue, averting delays, the presidency said on Saturday.
LONDON The world's three largest oil traders are competing to buy the African arm of Brazil's Petrobras that owns stakes in two major Nigerian offshore oil blocks, industry and banking sources with knowledge of the matter said, after submitting bids earlier this month.