Business Moody says APICORP’s ‘Aa2’ Rating is Stable Despite Current Economic Conditions May 5, 2020 APICORP continues to be the only Aa2-rated financial institution in MENA regionRating reaffirmation based on strong capital!-->…
Business IOCs reports historic loss, Cut Production in Permian Basin May 4, 2020 The biggest U.S. oil producers reported historic losses last week and predicted that it could take months to recover as the!-->…
Business COVID-19: AEC, IAGC Calls on African Government to take Action to Sustain Oil & Gas Industry May 4, 2020 These measures are intended to mitigate the expected loss of jobs and abandonment of erstwhile viable projects in the African oil!-->…
Business OTC Announces Spotlight on New Technology Awards Recipients May 4, 2020 Houston, Texas, USA — The Offshore Technology Conference (OTC) announces the 2020 recipients of the Spotlight on New Technology®!-->…
Business Equatorial Guinea grants 2 Years Extension to Oil & Gas Exploration Companies May 4, 2020 The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in!-->…
Business President Trump bans importation of certain power equipment May 2, 2020 Washington, DC - President Trump has issued an executive order on May 1 banning the “acquisition, importation, transfer, or!-->…
Business OPEC Call for Papers on its Energy Review-Journal Apr 30, 2020 The OPEC Energy Review is a quarterly energy research journal published by the OPEC Secretariat in Vienna. Each issue consists of!-->…
Business APICORP CONTRIBUTES $500 MILLION TO MEMBER COUNTRIES TO TACKLE COVID-19 PANDEMIC Apr 29, 2020 Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution,!-->…
Business OPEC Says Oil Price May Rise To $40 In Second Half Of 2020 Apr 28, 2020 OPEC has predicted that oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns around the!-->…
Business Maersk Drilling secures major offshore contract in Africa in Q1 2020 Apr 27, 2020 On 14 January, 2020, Maersk Drilling announced that it has been awarded contracts for a three-well exploration drilling project!-->…