Oil prices rise on OPEC+ production cuts
Oil prices climbed on Monday 8 June following the agreement of OPEC and its non-OPEC allies to extend the 9.7mn bpd production cut in June for another month
Industry
‘Oil and gas companies are pushing for sustainable practices’
Oil and gas companies that implement concrete measures to reduce their environmental impact are best placed to succeed in the coming years, said data and analytics company GlobalData
Nigeria launches bid round for 57 marginal fields
Nigerian government has announced a 2020 oil licensing bid as it puts on offer 57 marginal oil fields
Energy leaders share insight on future of Kenya’s oil and gas transition
The oil and gas industry in Kenya is in a state of transition, as its major oil and gas development in Turkana has been put on hold, with Tullow Oil submitting a notice of force majeure to the Kenyan Ministry of Petroleum and Mining, citing complications from COVID-19
Nigeria adheres to its OPEC quota cut: Minister
As the Organisation of Petroleum Exporting Countries (OPEC) firms up the international price of crude with the recent cut in production, Timipre Sylva, junior minister, Petroleum Resources Nigeria, has reiterated that Nigeria is complying with its own share of the cut
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