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 petroleum in Equatorial Guinea

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updated Sun. February 12, 2023

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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 ...


 

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