(Kosmos, 9.Sep.2020) — Kosmos Energy has entered into an agreement with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in a...
(Reuters, 7.Sep.2020) — Two affiliates of Libya’s National Oil Corp (NOC) have suspended some work because of the spread of the coronavirus, they said in statements posted online on Monday....
(Oilprice.com, 30.Aug.2020) — Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2025, according to...
(Reuters, 15.Aug.2020) — The government and prime minister of Equatorial Guinea tendered their resignation on Friday to President Teodoro Obiang, who said they had not done enough to help the...
(Reuters, 12.Aug.2020) — A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks...
(Argus, 11.Aug.2020) — Nigeria's full compliance to the OPEC+ deal hangs on a key oil grade being treated as a condensate. Since OPEC+ allowed ultra-light oil to be exempt from...
(S&P Global Platts, 9.Aug.2020) — The head of Libya's state-run National Oil Corp warned Aug. 8 that the presence of stored flammable commodities at the country's key oil export terminals...
(Kosmos, 3.Aug.2020) — Kosmos Energy Ltd. announced today the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of $199...
(DPI, 31.Jul.2020) — A webinar focusing on African Cultural Teachings was hosted by the International Decade for People of African Descent Assembly – Guyana (IDPADA-G) last evening. Moderators, Shonetta Lowe...
(Total, 30.Jul.2020) — Total announces that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with...
(Tullow, 29.Jul.2020) — Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June...
(Apache, 29.Jul.2020) — Apache Corporation (Nasdaq: APA) today announced its financial and operational results for the second-quarter 2020. Key Takeaways -- Announced major discovery at Kwaskwasi today, third consecutive discovery...
(Reuters, 28.Jul.2020) — French oil company Total said on Tuesday that, along with its partners BP and ENI, it had made a gas discovery at a well off the coast...
(IMF, 23.Jul.2020) — Transcript of International Monetary Fund (IMF) press briefing on Nigeria, Argentina, and other countries. MR. RICE: Good morning everyone and welcome to this press briefing on behalf...
(Argus, 23.Jul.2020) — The Angolan government has decided to cut the petroleum income tax rate from 50pc to 30pc for domestic companies that successfully bid in the country's upcoming onshore...
(Reuters, 21.Jul.2020) — Algeria expects its oil and gas revenue to fall to $23 billion this year from $33 billion in 2019, energy minister Abdelmadjid Attar told state radio on...
(World Bank, 21.Jul.2020) — Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to...
(Reuters, 20.Jul.2020) — Egypt’s parliament gave President Abdel-Fattah al-Sisi the green light for possible military intervention in Libya by approving the deployment of armed forces abroad to fight “terrorist groups”...
(McDermott, 14.Jul.2020) — McDermott International Ltd. announced it has been awarded a *large engineering and procurement contract from Azikel Petroleum Ltd. for the modular 12,000 BPD Hydro-Skimming Refinery project. The...
(Tullow Oil, 13.Jul.2020) — After a successful two-year period and coinciding with the Early Oil Pilot Scheme (EOPS) contract expiry period, Tullow Kenya, together with its Joint Venture Partners Total...
(Reuters, 8.Jul.2020) — French oil major Total has secured $15.8 billion in funding for its massive liquefied natural gas (LNG) project in northern Mozambique, according to South African lender FirstRand's...
(Bloomberg, 7.Jul.2020) — Isabel dos Santos, who is accused of causing billions of dollars in losses to the Angolan government during her father’s 38-year rule, said she is available to...
(Eni, 1.Jul.2020) — Eni has successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called...
(Sasol, 1.Jul.2020) — Sasol and Chevron have signed an agreement that will result in Sasol selling its indirect beneficial interest in the Escravos GTL (EGTL) plant in Nigeria to Chevron....
(Oilprice.com, 30.Jun.2020) — Exxon is moving to rapidly expand its exploration footprint in this little-known venue, French Total SA is spudding its first well here, small-cap Eco Atlantic - of...
(Reuters, 27.Jun.2020) — Leaders of Sudan, Ethiopia and Egypt said they were hopeful that the African Union (AU) could help them broker a deal to end a decade-long dispute over...
(Total, 25.Jun.2020) — Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG). This agreement notably allows to extend the existing...
(WoodMac, 24.Jun.2020) — According to Wood Mackenzie’s analysis, the oil price crash wiped US$1.6 trillion off the valuation of the global upstream industry. Andrew Pearson, vice president, upstream, said: “This...
(Bloomberg, 24.Jun.2020) — Libya’s oil industry is crumbling after more than nine years of neglected maintenance amid a civil war that’s killed thousands and destroyed towns across the country. The...
(Argus, 8.Jun.2020) — Mideast Gulf countries that pledged deeper crude cuts beyond their Opec+ commitments this month do not plan to extend these into July, Saudi oil minister Prince Abdulaziz...
(Reuters, 5.Jun.2020) — OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards such as Iraq and Nigeria...
(Cargill, 2.Jun.2020) — At Cargill, sustainability is written into the company's purpose—and woven into core operations including investment priorities, organizational structure and resource allocation. The company recently outlined progress against...
(Total, 18.May.2020) — In August 2019, Total and Occidental Petroleum entered into a Purchase and Sale Agreement (PSA) in order for Total to acquire Anadarko’s assets in Africa. Under this...
(Total, 18.May.2020) — In August 2019, Total and Occidental Petroleum entered into a Purchase and Sale Agreement (PSA) in order for Total to acquire Anadarko’s assets in Africa. Under this...
(Saipem, 13.May.2020) — Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement...
(Bloomberg, 28.Apr.2020) — The oil price crash isn’t getting any easier for Nigeria. Late on Monday, the nation released the prices for most of its crude oil grades for sale...
(Total, 23.Apr.2020) — Total and Tullow have entered into an Agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude...
(OPEC, 12.Apr.2020) — The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman,...
(OPEC, 11.Apr.2020) — The African Petroleum Producers' Organization (APPO) has followed with keen interest the Meeting of the OPEC+ or Declaration of Cooperation Partners which held on Thursday 9th April...
(Global Business Reports, 9.Apr.2020) — Twenty years ago it was impossible to think about an off-grid natural gas network. Today, Africa can build it with our innovative and efficient technologies,...
(WoodMac, 9.Apr.2020) — Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking a crisis in the oil...
(OPEC, 9.Apr.2020) — The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via webinar, on Thursday, 09 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman,...
(OPEC, 9.Apr.2020) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via webinar. Excellencies, Over the course...
(WoodMac, 27.Mar.2020) — The coronavirus pandemic is reducing oil demand. The OPEC+ production restraint agreement fell apart on 6 March and Saudi Arabia is rapidly increasing supply. The result: Brent...
(Oceaneering, 10.Feb.2020) — Oceaneering International, Inc. announced the award by units of BP p.l.c., of a contract to provide comprehensive riserless light well intervention (RLWI) services offshore Angola in Blocks...
(Tullow, 15.Jan.2020) — Tullow Oil plc issued this update and guidance in advance of the Group’s 2019 Full Year Results. “Tullow has ended 2019 with average production of 86,700 bopd...
(S&P Global Platts, 11.Dec.2019) — Analysts at S&P Global Platts, the leading independent provider of information, analysis and benchmark prices for the commodities and energy markets, today released their 2020...
(Argus, 1.Nov.2019) — Brazil is targeting a Greek-flagged tanker as the source of a catastrophic oil spill that has spread across the northeastern coast. Federal police say the Suezmax Bouboulina...
(AAWSAT, Mosaed al-Zayani, 31.Oct.2019) — Brazil's President Jair Bolsonaro said Wednesday he was keen for his country to join OPEC, a move that would add the most significant new producer...
(Kosmos, 18.Oct.2019) — Kosmos Energy announced that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The results continue the 100 percent success...
(S&P Global Platts, Brian Scheid, 14.Oct.2019) — Venezuelan oil production, already averaging a historic low near 600,000 b/d, could quickly plummet below 300,000 b/d if the Trump administration allows a...
(QP, 10.Oct.2019) — Qatar Petroleum has won exploration rights in three offshore blocks in Brazil, as part of two bidding consortia. The winning bids were announced by Brazil’s National Agency...
(ANP, 10.Oct.2019) — The 16th Bidding Round collected R$ 8.9 billions in signature bonuses, a record value among the concession rounds already held in Brazil. The round will generate investments...
(Kosmos, 23.Sep.2019) — Kosmos Energy announced that the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well,...
(Argus, 16.Sep.2019) — Venezuela's national oil company PdV has suspended crude blending at its 210,000 b/d PetroPiar joint venture with Chevron because of storage constraints, according to multiple Venezuelan oil...
(Petrobras, 16.Sep.2019) — Petrobras informs that, due to the latest events in Saudi Arabia, it will carry on with its international market monitoring process. The company points out that, according...
(Total, 9.Sep.2019) — The top management of Total in Nigeria led by the Country Chair and Managing Director of Total E&P Mr. Mike Sangster, the Managing Director of Total Nigeria...
(Reuters, Marianna Parraga, Mircely Guanipa, 3.Sep.2019) — Venezuela’s oil exports fell in August to their lowest level in 2019, internal reports and Refinitiv Eikon data showed, hurt by a halt...
(Michelin, 30.Aug.2019) — Michelin North America will celebrate its 20th global design competition, Michelin Challenge Design, in 2020 by linking the past to the future of sustainable mobility. The 2020...
(Reuters, Alex Lawler, 16.Aug.2019) — OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals...
(WSJ, Vivian Salama, 6.Aug.2019) — The Trump administration imposed a total economic embargo against the government of Venezuela, a significant escalation of pressure against the regime of President Nicolás Maduro...
(T&T Newsday, Clint Chan Tack, 1.Aug.2019) — Space may be the final frontier. But for TT, Africa is "the new frontier," as this country seeks to diversify its economy and...
(Core Laboratories, 24.Jul.2019) — Core Laboratories N.V. scheduled a conference call to discuss Core's second quarter 2019 earnings announcement. The call will begin at 7:30 a.m. CDT / 2:30 p.m....
(NPR, 20.Jul.2019) — It sounded like such a good idea at the time. The year was 2005. Global oil prices were climbing dramatically. Countries in the Caribbean were facing major...
(Eni, 3.Jul.2019) — Eni (70%) and its partner Vitol (30%) have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana....
(Kosmos, 1.Jul.2019) — Kosmos Energy announced the Greater Tortue Ahmeyim-1 well (GTA-1), drilled on the eastern anticline within the unit development area of Greater Tortue, has encountered approximately 30 meters...
(Tullow, 26.Jun.2019) — In Guyana, Tullow plans to drill two consecutive exploration wells in the second half of 2019 on the Orinduik licence with the Stena Forth drillship which is...
(BP, 21.Jun.2019) — BP released its Statistical Review of World Energy, edition 2019, which provides a timely and objective insight into those developments and how that change can begin to...
(WoodMac, 18.Jun.2019) — US independent Anadarko Petroleum today formally sanctioned its Mozambican liquefied natural gas (LNG) project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG facility, initially consisting of two...
(Oceaneering, 18.Jun.2019) — Oceaneering International, Inc announced that it has been awarded a contract by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, to supply...
(Anadarko, 18.Jun.2019) — Anadarko Petroleum Corporation and the co-venturers in Mozambique's Offshore Area 1, today announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This...
(Demerara Waves, 11.Jun.2019) — Ghana’s President, Nana Akufo-Addo has agreed that his country would help Guyana’s energy sector, Director-General of the Ministry of the Presidency, Joseph Harmon said. Briefing the...
(Eco Atlantic, 10.Jun.2019) — Eco (Atlantic) Oil & Gas Ltd. announced mobilisation of the Stena Forth drillship which is now en route to Guyana from West Africa where it has...
(McDermott, 5.Jun.2019) — McDermott International, Inc. announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for...
(Bloomberg, Lucia Kassai, 20.May.2019) —Venezuela, which sits atop more oil than Saudi Arabia, has fallen behind three other Latin American countries as years of mismanagement and lack of investments take...
