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

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

The Arab Petroleum Investments Corporation (APICORP) issues its Annual Top Picks for Energy Investments in 2020

Assuming balanced markets and barring other geopolitical events, Brent prices are expected to trade in the USD55-65 range; “Wait-and-see attitude” on geopolitical and economic issues loom over market and investors; … Read More