From the field

Uneven Covid-19 recovery stokes fuel demand worries

Oil was down Tuesday morning in Asia, continuing its trend downwards over persistent worries about fuel demand recovery in the… Read More

3 years ago

Gemcorp eyes 30% stake in Angola’s Sonangol

UK private equity firm Gemcorp Capital is interested in acquiring a 30% stake in Angolan NOC Sonangol EP, a Gemcorp… Read More

3 years ago

ExxonMobil presents fracking pilot scheme in Colombia

Colombia’s National Hydrocarbons Agency (ANH) received on Wednesday ExxonMobil’s proposal for a pilot unconventional project in the Valle Medio del… Read More

3 years ago

Oil down for fifth consecutive day over US stockpiles

Oil was down Thursday morning in Asia for the fifth consecutive day in reaction to a sustained build in US… Read More

3 years ago

Nigeria approves $1.5 billion for refinery upgrade

Nigeria's Port Harcourt Refinery will see a government investment of USD 1 Read More

3 years ago

US-led group to build $3.5-billion Angola refinery

A consortium led by US company Quanten has won a build-own-operate deal worth USD 3 Read More

3 years ago

Surprise US crude oil supply draw pushes oil up

Oil was up Wednesday morning after the U Read More

3 years ago

Vaca Muerta nears record frac stages

After a rough 2020 with a drop of 50% in frac stages in Argentina’s Vaca Muerta formation, companies operating in… Read More

3 years ago

Angola to see €524-million solar investment

In Angola, US solar developer Sun Africa has launched what it believes is the largest battery photovoltaic (PV) campaign in… Read More

3 years ago

Sigma companies ink partnership with OEM Group

Sigma Enterprises Company (SOF) and Sigma Engineering Works (SEW), two Middle East-based oil and gas services companies that are part… Read More

3 years ago

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