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Why now could be a good time for U.S. Independent Oil and Gas Producers to consider opportunities in Africa

By NJ Ayuk It isn’t breaking news that the world is currently on “lock-down mode.” Around the globe, the COVID-19 pandemic has made conditions dire and triggered global economic shutdowns. … Read More

Price Volatility presents chance for new growth strategies – KPMG Outlook

A new global outlook on energy by KPMG Global Energy Institute ‘Global CEO Outlook – Energy perspective’ has shown that most energy CEO’s have on their focus the need to develop new … Read More

Atlas Development Shuts Loss Making Kenyan Subsidiary

Atlas Development & Support Services Limited has announced the decision to place its loss making Kenyan subsidiaries into liquidation by way of a Creditors Voluntary Liquidation following the downturn in … Read More

New petroleum producers survey policy options in wake of oil price slump

Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale gas revolution’ in the United States, as well as renewable energy … Read More

Thousands of oil industry jobs at stake as companies reduce costs

[twitter-follow screen_name=’oilnewskenya’] Keeping a job in the upstream sector of the global oil and gas industry is seemingly becoming harder by the day as companies streamline operations to reduce costs … Read More

How Can Ugandans Benefit from an Oil Windfall? Policy Options to Manage Petroleum Revenues

[twitter-follow screen_name=’oilnewskenya’] Courtesy of resourcegovernance.org Uganda is on the path to becoming a significant oil producer in the next decade, with production potentially reaching over 200,000 barrels per day. Under the right … Read More

Global oil exploration nears $1 trillion – where are the finds?

Original story by Reuters Two years ago Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration strategy, betting he could hit a bonanza, even though his … Read More