Credit rating agency Moody’s has said in a report that the severity of the credit impact of lower oil prices on oil- and gas-producing sovereigns will vary from country to country, driving divergence in their creditworthiness
The Ministry of Mines and Hydrocarbons (MMH) of the Republic of Equatorial Guinea has decided on the waiving of its fees for services companies in the country
According to an impact analysis from Rystad Energy, exploration and production (E&P) companies are likely to reduce project sanctioning by up to US$131bn, or about 68 per cent y-o-y, as they batten down the hatches to weather the storm
Patrick Pouyanné, chairman and CEO of Total, addressed the Group’s employees on 19 March to mobilise them in the face of the challenges ahead
Nigerian central government would not borrow US$22.7bn for the time being, as it streamlines its finances in the midst of depleting revenues brought out by the fall in oil prices
