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The Way Forward: How Africa Can Make a Comeback from the Oil & Gas Downturn

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

Outlook for Africa’s oil & gas industry improves – PwC report

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

Global exploration: 5 things to look for in 2018 – Wood Mackenzie

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

Diversification, consolidation and ongoing efficiency measures will be hallmarks of oil and gas sector in 2017

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

World Bank Raises 2016 Oil Price Forecast

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 publishes 2016 State of Exploration Report

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

Kenya’s Annual Receipts Could Reach $3 Billion Annually Once Oil Price Rebounds

A discussion paper dubbed “Potential Government Revenues from Turkana Oil” released in April 2016 estimate that annual receipts to the Government of Kenya could range from $800 million to as … Read More