Market research company Frost & Sullivan’s latest analysis of the global oilfield chemical market reveals that the development of advanced oilfield chemicals that have superior performance characteristics and are eco-friendly have paved the way for increased application use, premium prices, and market growth
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‘Brent crude prices to average higher in H2 2019’
Brent crude prices will average higher in the second half of 2019 than the US$66.31 per bbl average achieved during the January to June period, according to 54 per cent of those polled in GIQ’s monthly Energy Market Survey in June
Somalia announces Shell, ExxonMobil deal
The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia has announced that it has reached a historic agreement with a Shell/ExxonMobil joint venture
Mohammed Barkindo reappointed as Secretary General of OPEC
The African Energy Chamber welcomes the reappointment of Mohammed Barkindo as Secretary-General of OPEC as a stability factor for the African and global oil markets
Invictus Energy’s Mzarabani oil and gas prospects up in Zimbabwe
Invictus Energy has announced results of independent estimates noting the improved potential of oil and gas discovery at its Mzarabani prospective area in Zimbabwe