China Petroleum & Chemical Corp (Sinopec) is the latest company to express an interest in bidding for a share of Tullow Oil's Jubilee field being sold by one of its partners, Kosmos Energy. Reports suggest that Sinopec will make a...
Shares in Perseus closed up 25 cents, or 15.62 per cent, at $1.85 following an announcement of strong drilling results at its Tengrela gold project in Côte d'Ivoire, West Africa. The gold explorer's previous record share price high was $1.73...
World Cup qualifiers Ghana fought back twice to draw 2-2 with Mali Sunday in the last Africa group game for the 2010 tournament in South Africa. Lassana Fane and Tenema Ndiaye were on target for the understrength visitors, who were...
ExxonMobil has agreed to acquire large stake in Ghana’s Jubilee oil field from its private equity owners, paying about $4bn for one of Africa’s most potentially lucrative oil discoveries in recent years. The deal was first mooted at the end...
Tullow said it had identified a number of leads in the Guiana licence, and said the participation of Shell was an endorsement of the prospect. Shell has the option to acquire another 12% and Tullow also hopes to farm out...
Greg Dunlevy, the chief financial officer of Kosmos, confirmed the agreement. He declined to disclose the price, but a person familiar with the matter said last week that the price was $4 billion. The sale requires the approval of Ghana’s...
Laszlo has told Laryea Kingston he still has a future at Hearts but he is running out of chances to rescue his Tynecastle career. Midfielder Kingston's days at the club looked numbered last week when he was hit with the...
As promised by new coach Phillippe de Ridder, there werent any miracles in East Bengals I-League match against Lajong FC at the Barasat Stadium on Thursday. There were some surprises though, like in-form Abel Hammond sitting on the bench or...
The Black Satellites and their Nigerian counterparts have both been runners-up twice, but no African team has ever gone on to win the event. Ghana coach Sellas Tetteh firmly believes it is time for that to change. "Africa will win...
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