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
Tag: gas
Kenya’s “Oil Lady” Lucky Okudo Named in Forbes 30 under 30 List for 2020
Source: Forbes In 2012, Lucky Okudo found herself at a conference on the outskirts of Nairobi discussing environmental sustainability and the strategic role women play. At the same time, on … Read More
The Mozambican Gas Promise and Why It Epitomizes the African Dream
It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas find in over sixty years of mostly disappointing oil and … Read More
Kenyan Delegation visits Uganda to Benchmark on Establishment of a Petroleum Regulatory Authority
A delegation from the Ministry of Petroleum and Mines, Kenya has completed a two-day benchmarking and familiarisation visit to the Petroleum Authority of Uganda (PAU), the Ministry of Energy and … Read More
PETROLEUM REPORT PROVIDES DETAILED FINANCIAL INFORMATION AND STATISTICS FROM THE SOUTH SUDAN OIL SECTOR
The seventh Petroleum Report issued by the Ministry of Petroleum, Republic of South Sudan, provides an overview of world oil markets and fundamentals, price forecasts, oilfield reserves, and the ministry’s … Read More
Oil and gas M&A deal value decreased in 2019 driven by energy transition considerations and global uncertainty – EY
Global oil and gas overall deal volume and deal value were down 17.7% and 10.8% respectively in 2019, as stagnant commodity prices, disappointing results, and low returns left the industry … Read More
Deloitte Oil and Gas M&A Outlook: Shifting Strategies Reshaping Global Transactions Market in 2020 and Beyond
Key takeaways While total oil and gas deal count declined in 2019, total deal value held up thanks to several mega-deals, primarily in upstream and downstream. Majors and large independents … Read More
5th Gas Summit of the Gas Exporting Countries Forum (GECF) Summit Confirms Africa’s Potential as Future Global Gas Investment Hub
The 5th Gas Summit of the Gas Exporting Countries Forum (GECF) is convening in Malabo, Equatorial Guinea this week, attended by heads of state of GECF Member Countries and hundreds … Read More
Global shift to renewable energy will not harm Uganda’s oil and gas industry
By Ali Ssekatawa Director, Legal and Corporate Affairs, Petroleum Authority of Uganda The subject of renewable energy and its place in the global energy mix has been researched and discussed … Read More
Lamu’s Pate 2 Well To be Plugged & Abandoned Despite Gas Find
Lamu blocks L4 & L13 operator Zarara Oil & Gas Limited through its mother company Midway Resources International has announced that Pate 2 well will be plugged and abandoned despite … Read More