Yearly Archives

2008

Hess hits on hydrocarbons in Africa

Hess Corporation has just wrapped up drilling on well A1-54/01 in the Arous Al-Bahar prospect in Libya. The well was drilled to a depth of 11,077 feet (3,376 m) in 2,807 feet (856 m) of water and came across a gross hydrocarbon section of…

Ghanaian woman killed in factory accident in US

Monica Monnie would take three buses to her job on the West Side, where she worked for 18 years at a factory. On Monday, Monnie, 61, died when the pink scarf she wore got caught in a machine at the Gaw O'Hara Envelope Factory, causing…

Maputo police chief shot dead

The head of police in Mozambique’s capital Maputo, Feliciano Juvane, was gunned down last night in what police today said they suspected may be the work of organised crime. Juvane, director of order and security at the Maputo City Police…

Ghana mobile telephony race: Zain vrs MTN

Kuwait-based wireless carrier Zain this week launched its 3.5G network in Ghana, a territory dominated by local operator MTN Group. Zain, which operates in 22 countries across the Middle East and Africa, has invested over $420m in Ghana…

Boy rides donkey to school

A 10-year-old pupil of Walewale in the Northern Region, Ibrahim Samudu, rides on a donkey to and from school everyday. His school is several miles away from his home and he must get there through some means of transportation. Ibrahim is…

Oil market buoyant as Tullow takes lead

Tullow Oil headed the FTSE 100 risers after unveiling its second big discovery in the space of a week. Its shares closed 48.5p higher at 620p on news that its Buffalo well in Uganda had found a significant amount of oil. Last week it…

Oil prices go above $44 before OPEC meeting

Oil prices rose above $44 a barrel Wednesday in Asia as investors waited to see how big a production cut OPEC will announce at a meeting in Algeria. Light, sweet crude for January delivery was up 65 cents to $44.25 a barrel in electronic…