Liberia Suffers Jet Fuel Scarcity
Conex Energy Inc., the sole company supplying jet fuel to airlines coming to Liberia has alerted the shortage of jet fuel in the region as a result of the Russia-Ukraine Continue Reading
Port chaos leaves Liberian fuel pumps dry
Liberians have faced long queues at petrol pumps for nearly two weeks as sloppy bookkeeping and poor port infrastructure have triggered economically damaging fuel shortages. Incorrect fuel-reserve figures in the Continue Reading
How Tillerson’s Exxon Designed an Oil Deal to Skirt Anticorruption Scrutiny
The drilling rights the company sought in Liberia, however, appeared to be linked to former officials from the West African nation, according to internal Exxon documents reviewed by The Wall Continue Reading
How Tillerson’s Exxon Designed an Oil Deal to Skirt Anticorruption Scrutiny
The drilling rights the company sought in Liberia, however, appeared to be linked to former officials from the West African nation, according to internal Exxon documents reviewed by The Wall Continue Reading
Liberia: Exxon Set to Drill – Are Liberians Ready for Jobs in Oil Industry?
Liberia’s oil industry is holding its breath waiting for the outcome of ExxonMobil exploration efforts by the end of the year. With global oil prices low, and little interest by Continue Reading
Mixed bag for frontier oil reserves offshore Liberia
A division of Exxon Mobil announced Wednesday it started drilling its first well targeting reserves off the coast of Liberia. Exxon’s Liberian affiliate is working on developing the Mesurado-1 exploration Continue Reading
Mystery deepens as ghost tanker washes up in Liberia
A Panama-registered oil tanker that disappeared from radar three weeks ago en route to Senegal has now reportedly washed up in Liberia without its crew, sparking fears of a pirate Continue Reading
Liberia’s Oil – Exxonmobil Corp. to Drill Offshore Liberia
Countries such as Nigeria and Ghana have awarded a number of exploration blocks offshore and Liberia has followed suit. ExxonMobil plans to begin drilling late 2015 or early 2017, Steven Buck, its country manager for Liberia and Ivory Coast stated. The US oil firm signed for block 13 in 2013, however placed the project on hold due to the Ebola epidemic. According to President Ellen Johnson Sirleaf, ExxonMobil has shown commitment and strength despite falling prices in the global market. Although the Ebola Crisis affected ExxonMobil, it has re-opened its offices in Liberia so it can resume business. "I am very excited to see ExxonMobil here," said Sirleaf following a meeting with Buck. "Their presence demonstrates to the world that Liberia is once more on the move," added Sirleaf. The United States has lifted economic sanctions on Liberia that it had put in place against former president, Charles Taylor. […]