Global Upstream Investments Set For 15-year Low, Falling to USD383 billion in 2020 – Rystad Energy

Following the publication of the upstream industry’s first quarter results, a Rystad Energy analysis reveals a gloomier investment-budget picture than previously thought. Global spending is now forecasted to reach $383 … Read More

Angola: Promotional announcement for Petroleum Concessions

The National Agency of Petroleum, Gas and Biofuels (ANPG), as a national concessionaire and holder of mining rights for the prospecting, research, evaluation, development and production of liquid and gaseous … Read More

Total Deal Catalyst for Uganda Oil, COVID-19 Should Not Delay Upstream final investment decision (FID)

By Thomas Hedley, Field Editor, Africa Oil & Power Hosted under the theme ‘Taking Advantage of Opportunities in Uganda’s Oil & Gas Sector,’ an Africa Oil & Power webinar yesterday … Read More

May Heralds Even More Disruption and Uncertainty for Petrochemicals

By Nigel Davies, Insights Editor, ICIS The impact of the coronavirus lockdowns on the oil, gas and chemicals industries’ integrated value chains is radically shifting relationships and profitability. It is … Read More

American and African Oil and Gas Players propose regulatory measures to ensure sustainability in response to COVID-19 and beyond

In response to the current global COVID-19 pandemic and the associated crash in the price of oil, the African Energy Chamber (AEC) and the IAGC have proposed a number of … 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

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