‘Emphasis on maintaining capital discipline driving M&A activity’

49381878817 bc48f7e6bb cDeal activity in 2019 drove multinational oil and gas companies, such as ExxonMobil, ConocoPhillips, and Chevron, to review their global operations and begin divesting non-profitable ventures, according to data and analytics company GlobalData

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China’s demand drops for first time since 2009 as coronavirus hits oil markets

night 4694750 640The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the extended Lunar New Year public holiday

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Angola set to privatise 30 per cent of national oil company Sonangol by 2022

Angolas Minister of Mineral Resources and Petroleum H.E. Diamantino Pedro AzevedoAngola’s Minister of Mineral Resources and Petroleum Diamantino Pedro Azevedo said in London on 21 January that the government had made significant progress in its efforts to restructure the oil and gas sector

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Impact of Wuhan coronavirus on oil demand

49381683546 223c74c9c3 cThe outbreak of coronavirus in China could reduce the region’s oil demand by more than 250,000 bpd, according to Wood Mackenzie consultant Yujiao Lei

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Aker Energy Ghana appoints new Country Director

hfhnky3areonp43dx0cuAker Energy AS has announced the appointment of Mrs Kadijah Amoah as Country Director of Aker Energy Ghana Ltd, effective 1 February 2020

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