Cairn, ConocoPhillips confirm oil find offshore Senegal

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Cairn, ConocoPhillips and their other joint venture partners confirmed that oil was discovered in the FAN-1 exploration well, located approximately 60 miles (97 km) offshore Senegal, in Northwest Africa. It is the third well in Cairn’s North West Africa program and first in Senegal.

IISD Releases Five-Part Series of Reports on Removing Fossil Fuel Subsidies

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This figure includes subsidies to lower the prices of petroleum products, kerosene or liquefied petroleum gas (LPG), typically in developing countries, as well as subsidies to the oil, gas or coal industries, provided by many governments in both developing and developed countries. It focuses in particular on France, Ghana and Senegal, as well as drawing from case studies of other countries and previous work that examines the reform of energy subsidies and price subsidies.

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