Marathon Oil Corp, one of the biggest energy investors in Equatorial Guinea, has committed to increasing its investment in the required infrastructure to support the Government’s vision for the Gas Mega Hub and the Year of Investment initiative following a meeting with President Teodoro Obiang Nguema Mbasogo
Exploration
‘MENA confidence for growth falls, but remains higher than the global average’
New research published by DNV GL has shown that this year’s optimism for growth in the oil and gas sector has weakened
Climate impacts will increase the pressure on oil and gas industry, says IEA report
Whatever path the world follows in its efforts to limit the rise in global temperatures, intensifying climate impacts will increase the pressure on all industries to find solutions
Oil prices poised for slide as tensions cool, says Rystad Energy
Rystad Energy continues to see a downward risk to prices, with further pressure on OPEC to implement even deeper production cuts in order to keep Brent oil prices around US$60 per barrel through 2020
Angola’s ANPG awards three blocks in 2019 bid round
ANPG, the National Agency of Petroleum, Gas and Biofuels of Angola, has announced the winners of three concession awards from its 2019 bid round for hydrocarbon blocks in the Namibe and Benguela Basins