In response, the Nigerian federal government has revised its 2015 budget benchmark to $65 per barrel. Other revisions include adjusting the exchange rate, proposed tax and expenditure measures and a tightening of monetary policy. Nigeria exports 2.2 million barrels of oil per day of the 2.4 million it produces.
QatarEnergy has struck a USD 6-billion deal with the China State Shipbuilding Corporation (CSSC) to build 18 of the largest… Read More
Chevron has signed a deal with NAMCOR to develop an offshore block in the Walvis Basin, the Namibian NOC was… Read More
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SkyPower Global has signed a 1-GW power purchase agreement with state-owned Zambia Electricity Supply Corp Read More
The government of Angola has approved Afentra’s acquisition of a 12% non-operating interest in offshore Block 3/05 and a 16%… Read More
TotalEnergies has agreed with US player Vanguard Renewables to jointly develop renewable natural gas (RNG) in the USA, the French… Read More
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