Carlyle Group Eyes Libya

September 25, 2006By Andy RowellBlog Post

US companies are thinking of moving back into the Libyan oil and gas market. US private equity giant Carlyle is in talks to acquire Libya’s state-controlled oil refining and marketing operation, Tamoil. Al-Saadi Gaddafi, the son of Colonel Muammar Gaddafi, has confirmed that Carlyle is one of four or five groups involved in an international … Read More

Vortex of Violence Continues in the Niger Delta

September 7, 2006By Andy RowellBlog Post

If anyone still denies the existence of the “resource curse”, maybe a trip to the Niger Delta wouldn’t go amiss. They should also read the Stakeholder Democracy Network’s latest depressing news on what happened in August in the Niger Delta:

Chad Orders Oil Firms to Quit

September 5, 2006By Andy RowellBlog Post

Chad has become the latest country to expel foreign companies operating in its country, after the country’s president kicked energy giants Chevron and Petronas, out of a World Bank-backed project. Ironically, Chad-Cameroon pipeline project was meant to serve as a model for oil extraction in Africa. The President, Idriss Déby accused the American and Malaysian … Read More

More Oil Workers Kidnapped in Nigeria

August 15, 2006By Andy RowellBlog Post

The violence in Nigeria shows no sign of abating with the news that five oil workers were abducted from a notorious nightclub in Port Harcourt the oil capital of the Niger Delta in Nigeria at the weekend. The five were taken from the Goodfellas club on Sunday night as sporadic gun battles broke out across … Read More

The Race Is On To Grab World’s Last Oil Hotspots

July 7, 2006By Andy RowellBlog Post

The Guardian reports today that “money [is] no object as the big players grab what is left of a diminishing resource”, quoting the recent decision by Sinopec of China to pay $1bn for the right to explore for oil in deep water off Angola. This has “shocked” the west, “which fears it could be left … Read More

Imperial Oil in Africa

April 7, 2006By Andy RowellBlog Post

A typically insightful piece from Anna Zalik and Michael Watts from the University of California on the deteriorating situation in the Niger Delta. Called “Imperial Oil: Petroleum Politics in the Nigerian Delta and the New Scramble for Africa”, it is worthwhile reading if you are interested in the effect of US geo-politics on Africa. Read … Read More