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Thursday, 14 February 2019 03:11

Aker Energy Eyes IPO

Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities…
Wednesday, 13 February 2019 07:15

Partial Shutdown of Keystone Oil Pipeline

A shutdown of a portion of TransCanada Corp's Keystone oil pipeline will last a further "days not weeks," following a…
Oil prices rose on Wednesday after top exporter Saudi Arabia said it would cut crude exports and deliver an even…
Wednesday, 13 February 2019 02:16

Tullow Oil Returns to Net Profit

Africa-focused Tullow Oil reported its first annual net profit in five years on Wednesday and said it would resume dividends…
Wednesday, 13 February 2019 01:57

Uganda Expects Delayed First Oil Production

Uganda expects to begin producing oil in 2022, its energy minister Irene Muloni said on Wednesday, indicating a slight delay…
Tuesday, 12 February 2019 04:35

Oil Up On Saudi and OPEC Cuts

Oil prices gained nearly 3 percent on Tuesday, supported by OPEC-led production cuts, which Saudi Arabia said it would surpass…
Tuesday, 12 February 2019 03:00

OPEC Cuts 2019 Oil Demand Forecast

OPEC cut its forecast for 2019 world oil demand on Tuesday due to slowing economies and expectations of faster supply…
Struggling Venezuela already is producing oil at a multi-decade low, but the socialist nation's crude output could fall another 50…
Croatia published a tender for gas and oil exploration in mountainous areas of the country's central and southern regions, the…
Friday, 08 February 2019 07:08

US Drillers Add Oil Rigs Again

U.S. energy firms this week increased the number of oil rigs operating for the second time in three weeks after…