Africa's Oil, Gas and Energy News.
The SONATRACH Group has signed more than 1,100 project contracts with national companiesaccording to the Chairman and CEO of the Toufik Hakkar Group. Speaking on the sidelines of the signing … Read More
Belltree Limited, the energy consultancy and provider of industry-leading benchmarking software bMark™, has been awarded a significant contract to assist the Angolan Petroleum Regulator (ANPG) in its drive to optimise … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber If I called 2020 a terrible year for the oil industry, no one would take exception. Demand collapsed in the spring, during … Read More
Libya’s National Oil Corporation (NOC) announced that it managed to raise production rates to 1036035 barrels a day. The National Oil Corporation which faces very big financial difficulties and a … Read More
Fiscal Regime Changing fiscal regime does not come for free. It causes uncertainty and it distorts the expected revenue profile for the state and it is hard to arrive at … Read More
El Fayum Production Production for the first half of 2020 from the El Fayum Concession averaged 5,979 bopd. This is in line with the Egypt 2020 production guidance given on … Read More
Over the weekend, the 11th OPEC and non-OPEC Ministerial Meeting concluded on a series of decisions which will help maintain a still fragile market stability, and which should be supported. Held … Read More
The Department of Petroleum Resources (DPR) Nigeria has opened bids for the commencement of the 2020 Marginal Field Bid Round for indigenous companies and investors interested in Exploration & Production business in Nigeria. … Read More
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
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
