Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData.
According to ESAI Energy’s recently released One-Year Global Fuels Outlook, the US gasoline surplus will expand by roughly 80 000 bpd next year as demand continues to plateau and output keeps rising.
ESAI Energy China Analyst Yao Wu comments on the developments behind China’s predicted oil demand growth.
Key measures include the formation of upstream and downstream taskforces, the privatisation of some Sonangol subsidiaries, and the creation of a new regulator to manage concessions.
William Turner, senior research analyst at Wood Mackenzie, discusses 5 things to look for in the year ahead.
Iraq’s crude-oil production is gradually increasing thanks to expansion at previously delayed oil projects. However, the existing contracts are still not able to reach their full potential, according to GlobalData.
Soorya Tejomoortula, oil and gas analyst at GlobalData, comments on planned and announced crude and natural gas projects in Indonesia over the period 2018–2025.
The company has closed the previously announced transaction to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA.
The appointments signal EnerMech’s strong intent to substantially expand the business across global energy, engineering and infrastructure markets.
The 2019 operating plan is expected to continue driving underlying improvement in return on capital employed.
No single technology will provide a ‘silver bullet’ to the challenges faced by Norway’s oil and gas industry, according to a new report out today from research consultancy, Westwood Global Energy Group.
Maurel & Prom Venezuela, subsidiary of Maurel & Prom, has acquired Shell’s 40% interest in the Petroregional del Lago Mixed Company.
The companies have announced that they have achieved significant progress in the scope of their Strategic Alliance, signed in March 2017.
Oranje-Nassau Energie B.V. and SHV Holdings have announced that an agreement has been reached on the merger of their upstream energy businesses, in a combined entity called ONE-Dyas.
The company has appointed Phil Cooper as its corporate development director to support the continued growth of the company.