fbpx

Uganda has Potential to Become Top 5 Oil Producer in SSA in the Next 5 Years – GlobalData

With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce its first oil as early as 2025 and production in the next five years … Read More

Nigeria to Spearhead Africa Refinery Capacity Additions by 2024

Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the region’s total growth. Nigeria is likely to add 1.5 million barrels per … Read More

African Midstream Operators Withdraw Investment Plans Amid COVID-19 Turmoil

The COVID-19 pandemic and weak global economic outlook, coupled with fragile energy demand has resulted in a decline in oil and gas prices. The all-pervasive nature of these circumstances has also … Read More

Global Oil & Gas Industry Deals Total $28.01bn in Q2 2020 Fueled by Africa & Middle East

Total oil & gas industry deals for Q2 2020 worth $28.01bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 106.2% over the previous quarter … Read More

Middle East & Africa Oil and Gas Pipeline Sector Still Reeling From Impacts of Weak Demand and COVID-19

The Middle East and African (MENA) oil and gas pipelines sector has been impacted due to low oil prices and weak demand as a result of COVID-19. The pandemic has … Read More

Guyana, Mauritania and Russia led global resource discoveries in 2019 – GlobalData

In 2019, offshore discoveries accounted for more than 60% of global discoveries, up significantly on previous years, says GlobalData, a leading data, and analytics company. The company’s report,  reveals that … Read More

Over $9.1bn will be spent on Mozambique’s upstream capex by 2020, says GlobalData

An average capex of $3.0bn per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique’s oil and gas projects, … Read More

Trump win brings potential for significant oil and gas policy effects, says GlobalData

Will Scargill, GlobalData’s Senior Oil & Gas Analyst covering Upstream Fiscal & Regulatory Regimes says: “Donald Trump’s election as the 45th President of the United States may have significant effects … Read More

Slow market impacts refining capacity expansion with reduction of 3 million barrels per day by 2020, says GlobalData

Global crude distillation unit (CDU) capacity will grow by 16.7% by 2020 based on planned and announced refineries, according to research and consulting firm GlobalData. Current capacity is 98.9 million … Read More

Select your currency
USD United States (US) dollar
Open chat
Need more info? Just Whatsapp me!!