Investment woes in Africa’s oil
Global catastrophes are affecting the degree of investment in African oil producers...
Tag : oil and gas
Exxon to begin bid for British North Sea oil and gas fields in October
The bid is expected to fetch $1 billion...
Saudi Arabia’s oil exports decline 62% in the second quarter
Oil exports amounted to $19.9 billion in Q2...
China’s natural gas consumption to reach 320 bn cubic metres in 2020
Consumption to increase by 13 bn cubic metre this year...
Tullow Oil Kenya seeks to reduce workforce; enjoys tax relief
The company seeks to bring down the wage bill to a sustainable level...
SIA launches advanced payment services for Iren
Iren is a multi-utility company focused electricity, gas and services sectors...
DNV GL to take the lead on the UK’s offshore transmission project
The offshore transmission project seeks to shape up the UK’s national strategy in renewable energy...
Oil giants BP, Eni announce gas field discovery in Egypt
The discovery has been made at the Nidoco NW-1 exploratory well...
Adnoc awards contracts worth $245 mn to upgrade oil lines
The contracts were awarded to China Petroleum Pipeline Engineering Company – Abu Dhabi and Target Engineering Construction...
Shell to sell Gasnor as part of its divestment plan
The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy...