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May 5, 2020
No Deal on Texas Oil Production Cuts
The regulating agency voted against production cuts, but eased rules on crude oil storage.
May 4, 2020
The Way Forward: How Africa Can Make a Comeback From the Oil & Gas Downturn
For Africa’s oil-producing countries, where crude oil exports make up a large portion of their revenue, the situation is especially dire.
April 15, 2020
In Contentious Debate, Texas Oil Considers Mandated Cuts
The regulatory agency held a meeting Tuesday to discuss joining OPEC+ in regulated cuts.
April 13, 2020
OPEC+ Slashes Production, Saves Oil Industry from Collapse
Up to 20 million barrels of oil per day could come off the market in combined efforts.
April 9, 2020
OPEC+ At Brink of Ending Oil Price War, Awaits G20 Meeting for OPEC++ Deal
The OPEC+ group will cut 10 million barrels of oil per day, but Mexico is yet to come on board. A G20 meeting will determine if other producers are willing to reduce output.
April 9, 2020
South African Chamber of Commerce and Industry Backs Africa Oil & Power 2020
SACCI has signed a strategic partnership with Africa Oil & Power (AOP) for the second year.
April 7, 2020
G20 Oil Ministers to Meet on Friday
The G20 meeting seeks to find a way to safeguard oil prices from turmoil.
April 6, 2020
South Sudan Petroleum Minister Holds Talks with OPEC to Find Solutions on Oil Price War
Hon. Puot Kang pledged to join the OPEC negotiations, with hopes of reaching a favorable agreement.
March 23, 2020
Equatorial Guinea Grants Relief to Oil & Gas Services Companies
The country is taking action to support its services industry and ongoing midstream projects.
March 16, 2020
Market Report: BW reaches first oil from the DTM-4H Gamba well
Implementing Tortue Phase 2 development project offshore Gabon.