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Oil And Gas
Total Announces Approval of New Resolutions Proposed By Shareholders
Paris, May 29, 2020 – Total's Shareholders’ Meeting was held as a closed session at the Company’s headquarter, on May 29, 2020,!-->…
Chevron Takes Extreme Measures in Response to COVID-19 Pandemic
By Ndubuisi Micheal Obineme
Chevron Corporation has officially announced new actions that it will take in response to the!-->!-->!-->…
Total Announces Results of the 2020 Capital Increase Reserved for employees
Paris, – In accordance with its policy in favour of employee shareholding, the Board of Directors of TOTAL S.A. decided, on!-->…
Nigeria to launch bidding rounds for several oil blocks in 2020
By Ndubuisi Micheal Obineme
Chief Timipre Sylva, Nigeria's Minister of State for Petroleum Resources, has said that the!-->!-->!-->…
SNEPCo Commences 5th Turnaround Maintenance on Bonga
Shell Nigeria Exploration and Production Company (SNEPCo) has begun the 5th turnaround maintenance at Bonga and its crude oil!-->…
Oil prices rise as countries relaxed coronavirus restrictions
NEW YORK (Reuters) - Oil prices rise in the last two weeks as some countries relaxed coronavirus restrictions to allow factories!-->…
Apex Industries joins Equal by 30 Campaign
The
Equal by 30 campaign aims to have public and private sector commitments
to work towards equal pay, equal leadership and!-->…
TSAVO Oilfield Services Joins Equal by 30 Campaign
NAIROBI, Kenya, -- In yet another bold move, TSAVO Oilfield Services (TSAVO) becomes a signatory of the Equal by 30 campaign,!-->…
Nigeria’s PPPRA Clears Oil Marketers to Import Fuel
Private oil marketers have joined the Nigerian National Petroleum Corporation in the importation of petrol, according to VON.
!-->!-->!-->…
Total’s Investment Portfolio for Deepwater Projects in Africa Hits $160 billion
By Ndubuisi Micheal Obineme
Mr. Mike Sangster, Managing Director, Total E&P Nigeria Limited, has said that Total has made!-->!-->!-->…
Belarus set to receive first shipment of U.S crudeoil
WASHINGTON (Reuters) - The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in!-->…
Eni, SEP to conclude Afina and Sankofa Unitization Agreement in Ghana’s Upstream Sector in August…
The conclusion of such an agreement would ensure efficient reservoir exploitation, avoid unnecessary competitive drilling and!-->…
African Energy Companies Join Equal by 30 Campaign for Women in Energy
The Equal by 30 Campaign is being rolled out with the aim to advance gender equality and ensure women are firmly at the centre of!-->…
Maersk Drilling revises financial guidance for 2020 and takes steps to reduce onshore organisation
Today, The Drilling
Company of 1972 A/S (“Maersk Drilling”) provides the following update on
the impact of COVID-19 and lower!-->…
Africa Oil & Power Launches Angola Oil and Gas 2020 Special Report
LUANDA, Angola, -- Africa Oil & Power launched its Africa Energy Series Special Report: Angola 2020 on Thursday, May 7th,!-->…
Africa Oil & Power launches Investment Report on Gabon’s Petroleum Sector
Natural gas has been identified as a key development driver for Gabon’s hydrocarbons sector
LIBREVILLE, Gabon, -- Through the!-->!-->!-->…
NJ Ayuk: How Africa Can Make a Comeback from Oil Price Plunge & COVID-19 Pandemic
There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12 put an!-->…
IOCs reports historic loss, Cut Production in Permian Basin
The biggest U.S. oil producers reported historic losses last week and predicted that it could take months to recover as the!-->…
COVID-19: AEC, IAGC Calls on African Government to take Action to Sustain Oil & Gas Industry
These measures are intended to mitigate the expected loss of jobs and abandonment of erstwhile viable projects in the African oil!-->…
Equatorial Guinea grants 2 Years Extension to Oil & Gas Exploration Companies
The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in!-->…
OPEC Says Oil Price May Rise To $40 In Second Half Of 2020
OPEC has predicted that oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns around the!-->…
Maersk Drilling secures major offshore contract in Africa in Q1 2020
On 14 January, 2020, Maersk Drilling announced that it has been awarded contracts for a three-well exploration drilling project!-->…
Fugro secures ROV and survey support contract with Global Marine Group
Fugro has secured a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global!-->…
Equatorial Guinea to launch new policies to support E&P companies
JOHANNESBURG, South Africa, -- H.E. Gabriel Mbaga Obiang Lima shares Equatorial Guinea’s plans in working through the current!-->…
BP Confirms Plan To Complete Sale Of Alaska Business To Hilcorp By June 2020
BP has confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019.!-->…
Uganda to welcome $20 billion FID as Total and Tullow finalizes Farm out Deal
By Ndubuisi Micheal Obineme
The Government of Uganda has applauded the agreement reached between Total and Tullow, which will!-->!-->!-->…
PTI Seek Support From IOCs To Boost Oil, Gas Skills in Nigeria
Petroleum Training Institute (PTI), Effurun, Delta State, is seeking support from International Oil Companies (IOCs) to boost!-->…
Sebastian Wagner: OPEC still has an important role to play in the Global Oil Market
By Sebastian Wagner
JOHANNESBURG, South Africa, -- Scan Western news about OPEC from the last few years and a common!-->!-->!-->…
Equatorial Guinea tackles COVID-19 with New Strategies, Continues Investment Plan for 2020
...The country is projected to be one of the hardest-hit African economies by the global pandemic
According to Africa Oil!-->!-->!-->…
BP supercomputer to aid global healthcare researchers to halt COVID-19
HOUSTON – BP is joining forces with the U.S. government,
leading universities and the world’s largest technology companies by!-->…