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The EIU launches a high-frequency measure of oil market tightness

pump jack 848300 640The global oil market tightened slightly in the week ending 23 November 2018, according to a new measure of oil-market supply created by The Economist Intelligence Unit and CargoMetrics, the oil adequacy index

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NNPC deploys strategies to make fuel available for Nigerians

nnpc 66The Nigerian National Assembly has commended the Nigerian National Petroleum Corporation on the strategies deployed so far to make petroleum products available to Nigerians throughout the end of year festivities and beyond

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Industry still awash in rigs and bullishness needs tempering: IHS Markit

IHS M 1Fuelled by increasing day rates and growing global demand growth for harsh environment (HE) semi-submersible offshore drilling rigs, some industry leaders are extremely bullish on future demand for these semis, according to IHS Markit, a leading global source of critical information and insight

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Eni and Sonatrach inaugurate 10MW solar plant in Algeria

eni sona 27The Chairman and General Director of the Algerian state company Sonatrach, Abdelmoumen Ould Kaddour, and the CEO of Eni, Claudio Descalzi, have inaugurated a 10MW solar plant in Bir Rebaa North (BRN) in Algeria

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Talent, data, ambition and patience critical to African oil and gas success

Georgia 23Paul Dailly, former SVP, Kosmos Energy and now Independent, addressed the guests at the Big 5 Board Awards on the importance of the oil and gas exploration sector for Africa

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