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

FPSO Awards Are Set To Recover To Seven Vessels Next Year

Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad … 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

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

Kenya, Sudan sign MoU on Oil and Mining Cooperation

Kenya and Sudan have signed agreements to deepen the two country’s collaboration in oil and mining sector with the East African country hoping to gain from Sudan’s experience in petroleum, … Read More

India to focus on Africa to geographically diversify energy basket

India will increase focus on the African community as a vital region to source petroleum products as a matter of policy according to petroleum minister and natural gas Shri Dharmendra … Read More

India Seeks Bigger Bite in Africa’s Hydrocarbons Sector

The 4th India-Africa Hydrocarbons Conference being organized by the Ministry of Petroleum and Natural Gas, Government of India, to advance discussions on energy co-operation between 24 African nations and India … Read More

India and Mozambique Government MoU to Enhance Cooperation in Oil and Gas field

Indian minister of State for Petroleum & Natural Gas Dharmendra Pradhan and Mozambique Minister of Foreign Affairs and Cooperation Mr. Oldemiro Julio Marques Baloi recently signed a memorandum on cooperation … Read More

ExxonMobil’s outlook for energy sees global demand fuelled by increase in consumption by developing nations

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand … Read More