Sonatrach and Lukoil sign cooperation MoU
Algeria’s Sonatrach and Russian company Lukoil have signed a memorandum of understanding (MoU)
E&P
Oil output dropped despite OPEC cuts
Oil prices fell on Monday as the market realised demand does not rebound as quick as supply needs to balance or even to keep storage from filling, despite the OPEC+ cuts
Shell dividend cut ‘sensible and prudent’, says WoodMac
Anglo-Dutch supermajor Shell has slashed its dividend by 66 per cent, the first time the company has cut cash distributions to shareholders since World War II
Q1 oil industry results reaffirm industry instability, says GlobalData
Following the release of Q1 results from several oil and gas companies, Ella Benson Easton, thematic analyst at data and analytics company GlobalData, has offered her view
Sierra Leone awards offshore petroleum concessions
The Government of Sierra Leone has awarded offshore exploration concessions to two companies following the conclusion of the Fourth Offshore Petroleum Licensing Round on 28 February
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