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Oil & Gas
Kazakh oil output to rise with Kashagan after 2020
Kazakhstan expects annual oil output to reach as high as 100 million tonnes after 2020 when the giant Kashagan…
Ghana’s quest to wean itself from dependence on…
In Ghana, homes and businesses have been facing irregular supply of electricity for several months. Independent…
Oil price fall: OPEC on trial
Geopolitics is losing its power to influence the oil market. The fundamental forces driving prices lower from…
Amidst demand and price drop, Nigeria proposes $78 per…
Nigeria is proposing an oil price benchmark of $78/barrel as oil benchmark for the 2015 budget, amidst concerns…
Second-largest US producer of natural gas to sell oil,…
Southwestern Energy said it would buy some oil and gas assets in the Marcellus and Utica shale fields in West…
Over $300 million illegal payment from Nigeria ease out…
Afren has shown its chief executive, chief operating officer and two associate directors the door after an…
Zuma outlines ambitious oil exploration plans
South African President Jacob Zuma outlined ambitious plans for oil and gas exploration in coastal waters that he…
Oil price slump yet to hit US Shale oil production
The vast majority of shale oil in the United States is produced at costs far below the current price of crude,…
Schlumberger: Higher Oil Demand In 2015 to prompt Oil,…
Schlumberger the world’s largest oilfield services company, said oil and gas spending would increase in 2015 as…
Kenya, Uganda, Rwanda set to pick consultant for oil…
Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump…
Oil output squeezed by LNG plant closure
The lengthy shutdown of a liquefied natural gas (LNG) plant is helping push Angola’s crude oil exports to their…
Rosneft: Projects economically viable even if oil price…
Russia’s Rosneft, the world’s biggest listed oil producer by output, said the fall in oil prices was not critical…