The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in Equatorial Guinea The…
Washington, DC - President Trump has issued an executive order on May 1 banning the “acquisition, importation, transfer, or installation”…
The OPEC Energy Review is a quarterly energy research journal published by the OPEC Secretariat in Vienna. Each issue consists…
Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has launched…
OPEC has predicted that oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns…
On 14 January, 2020, Maersk Drilling announced that it has been awarded contracts for a three-well exploration drilling project by…
Fugro has secured a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global…
JOHANNESBURG, South Africa, -- H.E. Gabriel Mbaga Obiang Lima shares Equatorial Guinea’s plans in working through the current state of…
BP has confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019. Subject…
New rules notably state that all foreign exchange transfers over $1,680 be vetted for approval by the bank MALABO, Equatorial…
Pan African financial institution, United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter…
By Ndubuisi Micheal Obineme The Government of Uganda has applauded the agreement reached between Total and Tullow, which will see…
Petroleum Training Institute (PTI), Effurun, Delta State, is seeking support from International Oil Companies (IOCs) to boost skilled manpower in…
...Nuclear energy is one of the more attractive options when considering a clean, reliable and cost-effective energy source JOHANNESBURG, South…
Callable capital increases from USD1 billion to USD8.5 billion Authorized capital also increased to USD20 billion and subscribed capital to…
By Sebastian Wagner JOHANNESBURG, South Africa, -- Scan Western news about OPEC from the last few years and a common…
...The country is projected to be one of the hardest-hit African economies by the global pandemic According to Africa Oil…
HOUSTON – BP is joining forces with the U.S. government, leading universities and the world’s largest technology companies by providing…
Royal Dutch Shell has formally announced plans to reduce greenhouse gas emissions to net-zero by 2050. In an update to…
LUKOIL commissioned its first digital power substation at the Chashkinskoye field in Perm Region. The new facility distributes and delivers…
By NJ Ayuk Africa’s rich resources still represent opportunity, including a wealth of natural gas waiting to be discovered JOHANNESBURG,…
...Net recurring income increased by 17% between 2018 to 2019 from USD 96 million to USD 112 million DAMMAM, Kingdom…
Along with other African producing countries, South Sudan has been a key supporter of the Declaration of Cooperation and OPEC+…
Up to 20 million barrels of oil per day could come off the market in combined efforts CAPE TOWN, South…
By Ndubuisi Micheal Obineme Following the recent OPEC meeting to curtail production, Nigeria's Minister of State for Petroleum Resources, Chief…
... Mexico is the lone holdout in a global deal to save the oil and gas industry. US set to…
DUBAI, UAE – Leading Africa business development company, ATIGS Group is proud to announce FDG Holdings as Bronze Sponsor for…
By Ndubuisi Micheal Obineme Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to rebalance…
The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries led by Russia, have agreed to cut down production by…
CAPE TOWN, South Africa, -- A Cape Town-based exhibition builder, together with an event organizer, offers to work with governments…