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.
Industry
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
Hydrogen to be a significant part of the energy mix by 2030: DNV GL research
Half senior oil and gas professionals expect hydrogen to become an important part of the energy mix by 2030, according to a new report published by DNV GL, the technical advisor to the sector
Bureau Veritas Group sees a rise in remote inspection
Bureau Veritas has seen a considerable rise in the request for remote inspection after the COVID-19 outbreak