The oil market is facing a storage crisis and African producers are being hard hit, says Boris Ivanov, founder of GPB Global Resources B.V.
Exploration
NNLG signs contract for Train 7 project
Nigeria LNG Limited (NLNG) has signed the engineering, procurement and construction (EPC) contracts for the Train 7 project
Equatorial Guinea meets OPEC production cuts obligations
Equatorial Guinea has announced that it fully fulfills its production cuts obligations under the record OPEC++ global oil cuts agreement reached in April 2020, which came into effect on 1 May
Total discontinues acquisition of Occidental Petroleum’s assets in Ghana
Supermajor Total has discontinued the agreed acquisition of Occidental Petroleum’s assets in Ghana
TransGlobe Energy Corporation announces Q1 2020 Financial and Operating Results
TransGlobe Energy Corporation has announced the first quarter financial and operating result showing a net loss of US$55.2mn.
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