News

December 6, 2019

This Nation Could Soon See Its First Offshore Oil

Woodside Petroleum, operator of the Sangomar block offshore Senegal, has submitted the development plan for what would be the West African country’s first offshore oilfield, paving […]
December 5, 2019

Pipeline Crisis Forces Canadian Oil Giants To Cut Jobs

Two of Canada’s largest oil sands producers, Husky Energy and Suncor, had some bad news for investors this week. Husky said it will slash capital spending […]
December 4, 2019

Oil Could Fall To $40 If OPEC+ Fails To Deepen Cuts

Barring additional oil production cuts by OPEC in 2020, Rystad Energy forecasts a substantial build of global crude stocks and a corresponding drop in oil prices. […]
December 4, 2019

Oil and gas: Morocco’s Akwa Group and Chevron take on Africa

Thirteen years on from their Afriquia Lubrifiants joint venture in 2006, Akwa Group and Chevron are strengthening their partnership and plan to expand in francophone Africa. […]
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