The emergence of another Covid-19 variant is threatening the level that oil demand has managed to recover to, however Friday’s selloff was extreme, explained Rystad Energy’s senior oil markets analyst Louise Dickson
Exploration
Zenith Energy signs option agreement with Nigerian oil and gas company
Africa-focused production and development energy company Zenith Energy has entered into an option agreement with Noble Hill-Network Limited (NHNL), a private Nigerian oil and gas company
Eni collaborates with ELITE to launch sustainable energy programme
Eni has strengthened its commitment towards an equitable and inclusive energy transition by launching the ‘Basket Bond – Sustainable Energy’ programme in collaboration with ELITE that aims to accelerate the growth and development of the supply chain
Kinetiko Energy spuds third well on Korhaan project in South Africa
Australian gas explorer Kinetiko Energy, has spudded the third well on the Korhaan Project in southern Africa
Mozambique announces sixth licensing round
Mozambique has launched the sixth licensing round for 16 new areas in four distinct regions, five of which are located in the Rovuma Basin, seven in Angoche, two in the Zambezi Delta and two in Save, totalling more than 92,000 sq km