Angola economy, currency has suffered from drop in oil prices IMF completed a mission to Angola earlier this month Angola said it no longer wants to continue talks with the Continue Reading
Nigeria Pipeline Recent disruptions in Nigeria’s oil production has been a major factor behind the latest rally in crude oil prices, but changes in the domestic political climate and a Continue Reading
The Tullow Oil plc operated Tweneboa Enyenra Ntomme (TEN) field, located offshore Ghana, is expected to start production in the next few weeks. The Tullow Oil plc operated Tweneboa Enyenra Continue Reading
Crude deposit could be worth $70 billion at current prices Hess, CNOOC are partners in drilling 120 miles offshore Exxon Mobil Corp.’s oil discovery off the coast of Guyana may Continue Reading
Venezuela and Guyana dispute overlapping claims to their oil-prospective waters. (Credit: Shutterstock) Today ExxonMobil XOM +1.43% announced a big discovery at its new well offshore Guyana, called Liza-2. It builds Continue Reading
A well off the coast of Guyana holds a find that, with as much as 1.4 billion barrels of reserves, is considered transformative, Exxon Mobil said Thursday. Steve Greenlee, president Continue Reading
Note: Calculations assume export from the Sabine Pass liquefaction terminal at an average LNG Carrier speed of 19.5 knots and one-day transit time through the Panama and Suez Canals. The Continue Reading
Country expected to pass Japan as world’s 3rd largest oil user Auto industry to benefit as workers buy personal transporation India’s $13 billion pay increase for federal employees will boost Continue Reading
Activity in China’s manufacturing sector was static in June as growth in non-manufacturing activity accelerated thanks in part to growth from the construction sector. The official manufacturing purchasing managers’ index Continue Reading
BP has made a final investment decision for an $8-billion expansion of its Tangguh liquefied natural gas (LNG) project in Indonesia, the country’s energy regulator (SKKMigas) said on Friday, and Continue Reading
