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Africa Oil

Choosing Our Oil Over Their Democracy: Elections as Farce in Equatorial Guinea

David Shook | Posted 07.28.2013 | World
David Shook

Equatorial Guinea has emerged as one of Africa's largest oil producers, skyrocketing to its current position as the most wealthy per capita country in Africa. Despite those statistics, World Bank estimates that some 78 percent of Guineans live beneath the national poverty line.

Is Tunisia the New Hot Spot for Energy Investors? Interview with John Nelson

James Burgess | Posted 06.12.2013 | Business
James Burgess

Until recently Tunisia was considered to be a minor league and relatively underexplored venue in Africa's rapidly expanding oil & gas scene. This situation has quickly changed with new bid rounds and forced relinquishments creating an opportunity for new companies to come in.

Oil Prices Soar Again

AP | Posted 05.25.2011 | Business

(AP) Oil prices climbed to near $106 a barrel Monday as intense fighting between Libyan government forces and rebels appeared to be turning into a civ...