Weekly news roundup 10/05

Chevron bows out of Anadarko bid battle, Occidental sets off fresh speculation with jet trip and more top news

Chevron bows out of Anadarko bid battle. Occidental on course to win month-long $55bn battle for Texas oil group over bigger rival. Read more

Occidental's jet just made another trip, setting off fresh speculation about its deal for Andarko. Occidental Petroleum's corporate jet has travelled to The Hague, the home of Royal Dutch Shell. Shell has a joint venture with Anadarko Petroleum, which Occidental is trying to buy. Read more

How Total's CEO pounced on Anadarko's African energy assets. It took Total’s chief executive and a small group of advisers just days to line up the French energy major’s biggest acquisition in almost two decades when it agreed to buy the African assets of U.S. firm Anadarko. Read more

The signing of new exploration and production sharing agreement (EPSA) between South Sudan and South Africa’s Strategic Fuel Fund (SFF) is a boost to the oil sector and promotes peace and stability within the country, according to the African Energy Chamber (AEC). Read more

Striking out into new territory: The African E&P landscape. The development of African businesses is not new, but the appetite for the African market is growing, and businesses are rapidly adding to their oil and gas portfolios by acquiring or discovering wells across Africa. For SMEs and MEs, now is the time to consider an African venture. Whether they're an operator or non-operator - there's a wealth of opportunity for expansion. Read more

Anglo African Oil & Gas Offered New Licence By Congolese Government. Anglo African Oil & Gas PLC on Tuesday said the government of the Republic of the Congo has offered a new licence at the Tilapia field. The government sent a letter, signed by Minister of Hydrocarbons Jean-Marc Thystere Tchicaya, to AAOG, with the two parties now set to finalise a production sharing agreement for Tilapia. Read more