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Africa

Trading giant Glencore extends major Libyan oil deal

LONDON (Reuters) -- Swiss-based commodities giant Glencore has extended a deal with Libya's state oil firm to be the sole marketer of one third of the country's current crude oil production, sources familiar with the matter said.

Crackdown on bush refineries unsettles Nigeria's oil heartland

OGONILAND, Nigeria (Reuters) -- Listening for the engines of navy boats hunting illegal refineries in the swamps of Nigeria's Niger Delta, workers heat up crude oil in a tank next to a waterway.

West African push to clean up toxic fuel hits snags

LONDON (Reuters) -- A West African drive to clean up toxic fuels that campaigners say pose a health hazard to millions has run into difficulties less than two months after it was announced, according to importers, traders and other oil industry insiders.

Nigeria's Trans Forcados pipeline to reopen near end Q2

FLORENCE/LONDON (Reuters) -- Nigeria's Trans Forcados Pipeline which has been shut for most of the last year could reopen "towards the end of the second quarter," Seplat Chief Executive Austin Avuru said.

Ghana's only oil refinery shut after explosion

ACCRA (Reuters) -- Ghana's only oil refinery, the Tema Oil Refinery, is shut after an explosion at a newly installed 5.8-million-euro crude oil heating unit, a senior union official said on Friday.

Court rules villagers cannot sue Shell in London over Nigerian oil spill

LONDON (Reuters) -- Oil major Royal Dutch Shell cannot be sued in London courts over Nigerian oil spill allegations, the High Court ruled on Thursday, dealing a setback to attempts to hold multinationals liable at home for subsidiaries' activities.

GE proposes investing in Nigeria's ailing oil refineries

LAGOS (Reuters) -- General Electric Co has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities.

Eni to deepen involvement in Nigerian energy sector

LONDON (Reuters) -- Italy's Eni plans to deepen its involvement in Nigeria's energy industry, increasing oil and gas exploration and helping to restore one of the country's ailing refineries, the company said in a statement on Monday.

US East Coast refiners binge on Algerian crude

NEW YORK (Reuters) -- US East Coast refiners are in the midst of their biggest buying spree of Algerian crude in years as they take advantage of cheap oil spilling out of the region, traders said on Thursday.

Nigerian oil union threatens three-day strike at Exxon Mobil, Chevron

LAGOS (Reuters) -- A Nigerian oil labor union is set to stage a three-day strike at Chevron and Exxon Mobil fuel depots from Wednesday in a protest over sackings pending the outcome of talks with the government, union officials said on Monday.