APICORP financial results grows from $96 to $112 million in one year
...Net recurring income increased by 17% between 2018 to 2019 from USD 96 million to USD 112 million
DAMMAM, Kingdom of Saudi…
OPEC+ slashes production, saves Oil Industry from collapse
Up to 20 million barrels of oil per day could come off the market in combined efforts
CAPE TOWN, South Africa, -- In a…
South Sudan joins OPEC, Russia, and Saudi Arabia to stabilise the Oil Market
Along with other African producing countries, South Sudan has been a key supporter of the Declaration of Cooperation and OPEC+…
Nigeria will start producing 1.412 to 1.579 million bpd, says minister
By Ndubuisi Micheal Obineme
Following the recent OPEC meeting to curtail production, Nigeria's Minister of State for…
G20 backs OPEC+, But Deal in Jeopardy as Mexico Refuses Cuts
... Mexico is the lone holdout in a global deal to save the oil and gas industry. US set to see production decline CAPE
TOWN,…
FDG Holdings Becomes a Bronze Sponsor of ATIGS Dubai 2020
DUBAI, UAE – Leading Africa business development company, ATIGS Group is proud to announce FDG Holdings as Bronze Sponsor for the…
Nigeria, OPEC+ Join Forces to Stabilise Global Oil Markets
By Ndubuisi Micheal Obineme
Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to…
OPEC+ agrees to cut down production by 10 million bpd in May 2020
The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC
countries led by Russia, have agreed to cut down…
COVID-19: Afrika Umoja, AOP collaborates to build hospitals in Africa
CAPE TOWN, South Africa, -- A Cape Town-based exhibition builder, together with an event organizer, offers to work with…
President Lourenço Re-Appoints Diamantino Pedro Azevedo as Mineral, Petroleum Minister in Angola
LUANDA, Angola - The Angolan and African energy industry has welcomed the reappointment of Diamantino Pedro Azevedo as Minister…