Latest Stories
Pestilence and paper-pushers
The coronavirus outbreak is putting pressure on Uganda’s fuel market, and Kenyan tax claims have the potential to make the situation worse.
Nigeria instructs offshore platform operators to reduce staff levels
Nigeria’s Department of Petroleum Resources (DPR) has ordered oil and gas producers to reduce staff complements at their offshore drilling platforms.
Tower Resources declares force majeure on Cameroon project
UK-based Tower Resources has declared force majeure on its operations at the Thali licence area offshore Cameroon.
Tatneft profits dip in 2019 on non-recurring items
Siccar stalls Cambo FID in North Sea
S&P revises Mexico, Pemex ratings as coronavirus spreads
The US-based credit ratings agency S&P Global has downgraded Mexico’s credit rating, citing concerns about the impact of the coronavirus pandemic and falling crude oil prices on the country’s economy and on the national oil company (NOC) Pemex.
Petrobras cuts oil production by 200,000 bpd on pandemic
Brazil’s state-run oil and gas major Petrobras has said that it intends to cut crude production by 200,000 barrels per day.
Pandemic stymies agreement on financing for Sangomar project
The coronavirus outbreak is hindering efforts to secure financing for the development of the Sangomar block offshore Senegal.
Largest Turkish refiner Tupras ‘has cut runs at Izmir refinery by 50% due to pandemic impact on fuel demand’
Next steps in the oil price war
Sverdrup to produce more and sooner
Oil prices take another tumble
Liberia’s Conex buys downstream assets from Total in West Africa
France’s Total has arranged to sell its petroleum product marketing operations and assets in Liberia and Sierra Leone to Conex Oil & Gas Holdings, a Liberian-owned company.
Governor of Rivers State rejects NLNG’s request for exemption from lockdown
The government of Nigeria’s Rivers State has rejected a request from Nigeria LNG (NLNG) and several other companies involved in the natural gas sector for an exemption from the lockdown regime imposed last week.
A canal too far?
Malawi hopes to expand fuel storage capacity by 50%
The National Oil Company of Malawi (NOCMA) is gearing up to expand its fuel storage network, according to a high-ranking company representative.
Follow us online