South Sudan Eyes the West for Investments in its Oil Industry
Decades after the western oil giant Chevron exited South Sudan leaving oil majors from the East mainly India and China the South Sudan government is now seeking to attract new … Read More
Tag: China
BASF regains lead in ICIS Top 100 Chemical Companies ranking
ICIS has announced its annual ICIS Top 100 Chemical Companies listing of global producers ranked by 2019 sales. This year, Germany’s BASF regained the lead as the world’s largest chemical company … Read More
OPEC still has an important role to play in Global Oil Market
By Sebastian Wagner Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market … Read More
Global oil demand to decline in 2020 as coronavirus weighs heavily on markets – IEA
Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International … Read More
Coronavirus to delay most of 2020’s FPSO deliveries and postpone USD30 billion of E&P investments
Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore. Rystad … Read More
Job Losses Loom in Kenya, Uganda and Ghana as Tullow Oil Plans Staff Cuts
Tullow Oil is planning to reduce its staff head count in Kenya, Uganda and Ghana as the company plans to cut down expenses by $20 million in 2020 as the … Read More
EIA’s International Energy Outlook 2018 focuses on uncertainty in economic projections for China, India, and Africa
The U.S. Energy Information Administration (EIA) released International Energy Outlook 2018 (IEO2018) today, which focuses on how different macroeconomic conditions and growth patterns might affect international energy markets in three key regions … Read More
Japan Leads Globally in Regasification Capacity – Globaldata
Analysis of the global liquefied natural gas (LNG) regasification capacity shows that Japan has the highest LNG regasification capacity globally with 9.6 trillion cubic feet (tcf) in 2018. South Korea … Read More
Global Oil and Gas Market Shrinks by 13.6% in 2016
MarketLine’s latest market report: ‘Global Oil & Gas’ reveals a declining market trend in 2016 as the price of crude oil pushed down profits of the major players. Overall the global oil … Read More
Stanbic Bank and ICBC host Uganda – China Oil & Gas Business forum
Stanbic Bank Uganda in collaboration with the Industrial and Commercial Bank of China Limited (ICBC), the world largest bank and most valuable bank by market capitalization, hosted an Oil & Gas … Read More