Angola, as part of the arrangement with Opec (the Organisation of the Petroleum Exporting Countries) members, agreed to reduce production by 78,000 barrels per day (bd), to a maximum of...
12 June 2017
1 June 2017
The UK and Norwegian North Sea has recently shown an increase in mergers and acquisitions activity despite the latest oil price down-cycle and its perception of a high-cost mature basin.
25 April 2017
Saudi Arabia is reportedly planning to list 5% of its state-owned oil giant, Saudi Aramco, in an initial public offering (IPO) in late 2018.
27 February 2017
Equatorial Guinea’s participation in the Opec production cut and its application to be a member are an attempt to revive its oil sector and be more involved in global oil...
25 January 2017
In November 2016, Organization of Petroleum Exporting Countries (Opec) held a meeting in Vienna to discuss the production limit during which, Saudi Arabia agreed to cut down its production by...
18 January 2017
Strong reservations about Rex Tillerson as the proposed US Secretary of State stem from his close relationships with President Putin of Russia and members of the country’s elite.
4 January 2017
Libya has the third largest remaining recoverable oil reserves in Africa and is among the top twenty countries globally.
18 September 2016
A new report by the Public Accountability Initiative has found that most of the studies used to justify the US Government’s proposals for new drilling in the Gulf of Mexico...
12 September 2016
The ongoing EC anti-trust investigation into Gazprom’s operations in eastern Europe have, along with other factors, strained the relations between Europe and its Russian gas supplier. But with Gazprom signalling...
1 August 2016
Poorly-managed corrosion threatens production efficiency at a time when maintaining asset availability is essential to the survival of offshore operations. Industry gatherings such as the Offshore Technology Conference (OTC) in...