GIQ survey: OPEC’s crude oil exports to USA continue to decline
OPEC’s five-year decline in crude oil exports to the US will continue, according to 90 per cent of those polled in a Gulf Intelligence (GIQ) survey
Downstream
Tetra4 secures LNG supply deal with Black Knight Group
Renergen, an integrated alternative and renewable energy business, has announced that its subsidiary, Tetra4, has secured an LNG supply deal with the distributor of fuel products, Black Knight Group
Eco continues exploration in Namibia
Eco (Atlantic) Oil & Gas Ltd, an oil exploration-focused company with licences in offshore Guyana and Namibia, has been granted a one-year extension to the first renewal exploration period on all of its Namibia Licenses to March 2019 by the Namibian Ministry of Mines and Energy
Global FID volumes from new oil and gas projects set to triple in 2019
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
‘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
