An increase in final investment decisions (FIDs) this year on new oil projects worldwide could see sanctioned volumes of oil and gas almost triple compared to last year’s tally, said business intelligence company Rystad Energy
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‘Africa is the second highest in global CDU capacity addition by 2023’
Africa is expected to be the second highest in terms of capex as well as crude distillation unit (CDU) capacity additions during 2019–2023, according to GlobalData, a leading data and analytics company
Global decommissioning set to hit $36bn by 2021: Rystad Energy
Global decommissioning in the oil and gas industry is projected to hit an average of US$12bn per year from 2019 through 2021, according to Rystad Energy, an independent energy research company
Equatorial Guinea takes decisive step toward joining the EITI
Equatorial Guinea has made a decisive step toward joining the Extractive Industry Transparency Initiative (EITI) in Oslo, Norway, receiving the endorsement of the EITI International Secretariat and establishing positive bilateral relations between the two parties
Anadarko signs LNG agreement with Pertamina
Anadarko Petroleum Corporation has announced that Mozambique LNG1 Company Pte. Ltd – the jointly owned sales entity of the Mozambique Area 1 co-venturers – has signed a sale and purchase agreement (SPA) with Pertamina
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