Fly540 expands.(Business Travel)(Brief article)
LONRHO AIR (BVI) has signed an agreement with ATR to purchase a
further two new ATR 72-500 aircraft. This second order comes one month
after Lonrho signed an agreement with ATR for eight new . . .
New York hosts tourism seminar.(Business Travel)
THE AFRICA TRAVEL Association and the Corporate Council on Africa
are sponsoring the first US-Africa Tourism and Sports Seminar in New
York City. In association with the New York Times Travel Show . . .
Executives' Calendar.(Calendar)
MARCH
9-12 Electro '08 ALGIERS
Algeria's 2nd International Electrical Engineering, Industrial
Automation and Energy Exhibition. Fairtrade . . .
Ghana.(Oil News)(exploration of oil fields)(Brief
article)
UP TO SEVEN exploration and appraisal wells will be drilled this
year in the highly-promising Jubilee oilfield, offshore, which is
claimed already to be commercial. The discovery was previously . . .
Congo (Brazzaville).(Oil News)
KOREA NATIONAL OIL Company is to join the group holding the
M'Boundi onshore field, paying US$435m for the 11% interest held by
Tullow. The Eni-operated field is flowing 37,000 barrels a day, . . .
Oil and gas professionals to meet in Marrakech.(Oil News)
OIL AND GAS professionals will be attending technical sessions
focusing on the latest gas development, deepwater, brown field
development and HSE technologies and their challenges during the . . .
Libya.(Oil News)
THE RAS LANUF refinery is to be upgraded to improve its product
slate, under an agreement signed between the National Oil Corporation
and two UAE firms, TransAsia Gas and Star Petro. Plans call for . . .
Cameroon.(Oil News)
THE SHALLOW-WATER Etinde licence will see drilling in early May.
EurOil, a subsidiary of the UK's Bowleven, contracted the Trident
IV jack-up rig, initially to re-drill the existing 1-F well in . . .
Mauritania.(Oil News)(management of oil well drilling)
A DRILLING PROGRAMME is to start in the second quarter in the
Chinguetti field, with the objectives of increasing its production,
providing more gas-lift, and sealing off the . . .
Sudan (Southern).(Oil News)(Drilling Started in February on the
Nyal-1 well)(Brief article)
DRILLING STARTED IN February on the Nyal-1 well in Block 5B of the
Muglad basin, and preparations were under way to drill the Wan Machar-1
well in a swamp area of the same block. The work is being . . .
New LNG plan for Nigeria.(Oil News)
STUDIES JUST launched could lead to a new liquefied natural gas
(LNG) export complex being built in Nigeria--potentially the
country's fifth LNG facility. The plan brings together the German
gas . . .
Mozambique.(Oil News)
Gas exports to South Africa are to be increased by over a fifth by
the end of 2009, from 120m gigajoules/year to 147m gigajoules/year.
Capacity of the pipeline which carries the gas from the . . .
Kenya tea output to fall 10 per cent.(Commodity Report)(Brief
article)
KENYA'S TEA PRODUCTION this year is expected to fall by 10 per
cent due to a month of nationwide civil unrest following the
country's disputed elections and anticipated poor weather
conditions. . . .
Coffee futures surge to multi-year highs.(Commodity
Report)
ROBUSTA COFFEE FUTURES have continued their upward surge over the
past month, with the benchmark second position contract (May) reaching
near 11-year highs by mid-February. Strong buying by . . .
Cocoa futures soar.(Commodity Report)
COCOA FUTURES PRICES in London and New York have soared in recent
weeks as funds and speculators have poured money into certain soft
commodities that are currently seen as better investment bets . . .
Gold posts new records.(Commodity Report)(Brief article)
GOLD, LIKE OTHER precious metals, has continued to rally in recent
weeks, posting new records along the way. The yellow metal had reached
US$948 a troy ounce by 21 February, supported by the weak . . .
Copper rallies on Chinese buying.(Commodity Report)(Brief
article)
COPPER HAS CONTINUED to rally over the past month, reaching
four-and-a-half month highs by 21 February. The upward spike has taken
prices for the metal for delivery in three months time on the . . .
Platinum soars on supply fears.(Commodity Report)
PLATINUM BROKE THROUGH the US$2.000 an ounce level for the first
time ever on 14 February, and by 21st had reached US$2,190 an ounce.
Like gold, the precious metal has been underpinned by the . . .
Japan pledges support for SSA.(Commercial Review)(United States.
Social Security Administration)(Brief article)
JAPAN'S FOREIGN AFFAIRS Minister Masahiko Koumura visited
Tanzania on a three-day schedule recently. Tanzania has a special
affinity to Japan, and has shown itself to be very cooperative as . . .
IMF steps up activity in 'robust' Africa.(Commercial
Review)(Brief article)
AFRICA IS COMMENDED in the 2007 annual report of the International
Monetary Fund. "Growth in SSA moderated somewhat ... but remained
robust," it says, pointing out that this was . . .
|
|