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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…

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Who will absorb the LNG oversupply?

By:Ed Cox, Editor Global LNG, ICIS Ruth Liao, Editor Americas, ICIS Ed Lane, Editor Singapore, ICIS Spot LNG prices have…

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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…

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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…

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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…

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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…

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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….

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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…

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ONGC Videsh ready to buy Tullow Oil African Assets in Kenya or Ghana

India’s overseas investment arm of Oil and Natural Gas Corp ONGC Videsh might be looking into farming into Tullow Oil…

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South Sudan starts to lose oil buyers as conflict continues

[twitter-follow screen_name=’oilnewskenya’] Buyers of South Sudanese crude oil have been looking for alternative sources following the conflict that broke out…