Deal 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
Exploration
China’s demand drops for first time since 2009 as coronavirus hits oil markets
The 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
Angola set to privatise 30 per cent of national oil company Sonangol by 2022
Angola’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
Impact of Wuhan coronavirus on oil demand
The 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
Oil and Gas Council hosts first Senegal Offshore Licensing Round
President Macky Sall opened the Oil & Gas Council’s 4th MSGBC Basin Summit & Exhibition in Dakar on Wednesday 29 January