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The Nigerian Content Development and Monitoring Board will establish a $50 million intervention fund to support local content in the oil and gas industry.
Due to COVID-19 and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capex for growth projects to preserve cash.
In the current market situation, oil market volatility is unlikely to have a significant impact on RE plans and investments says Francesco La Camera.
The IEA OIl 2020 report identifies a worst-case scenario for the market if COVID-19 continues to spread globally and China's need for oil remains subdued.
President Macky Sall opened the Oil & Gas Council’s 4th MSGBC Basin Summit & Exhibition in Dakar, where he announced Senegal's first offshore licencing round.
Standing in the 12th position amongst African oil producers, DRC’s oil industry is miniscule, producing about 25 thousand barrels of crude oil per day.
International Oil Companies (IOCs) have an opportunity to be key players in the renewable energy space, regardless of the already competitive landscape.
The African Energy Chamber is launching its first Fellowship Programme to provide young energy professionals with the tools to become future leaders across the industry.
Angola's regulatory reform and changes to the tax framework has encouraged international oil and gas companies to take a fresh look at the country.
The upstream oil & gas sector is witnessing considerably more implementations of the Industrial Internet compared to other oil and gas sectors, according to a new report published by GlobalData.