Africa's Oil, Gas and Energy News.
By Hany Abdel-Latif, Henry Rawlings, Ivanova Reyes, and Qianqian Zhang Buffers insure against volatile crude prices and lower debt risks Oil exporters in sub-Saharan Africa should target buffers of around … Read More
The election of Angola to the rotating presidency of the conference of ministers of OPEC has thrust Minister Diamantino Pedro Azevedo, Minister of Mineral Resources, Petroleum and Gas of Angola … Read More
Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have been taking their toll around the globe this … Read More
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
The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to … Read More
Oil price stability With the oil price pushing through to the US$70 mark, and further confidence that the price will remain more stable this year, we will see international oil … Read More
Economic outlook brighter; fierce competition for quality plays 2018’s mantra will be to keep the focus on simpler wells. With investment down and competition up, companies will focus on newly … Read More
New research by DNV GL, the technical advisor to the oil and gas industry, shows oil and gas companies seeking to rebalance business portfolios and reorganizing for a new era. … Read More
The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the second … Read More
Richmond Energy Partners (REP) has published its seventh annual ‘State of Exploration’ report, which benchmarks the performance of international conventional oil and gas exploration. In a world awash with the … Read More
