Equatorial Guinea Minister Implores Companies: ‘Take Charge of Your Industry’
In a public webinar, Equatorial Guinea minister updates on COVID-19, global oil markets.
Read the latest Archives of oil, gas and energy news.
In a public webinar, Equatorial Guinea minister updates on COVID-19, global oil markets.
Texas hesitant to push forward on production cuts without coordinated effort and legal clarifications.
The global pandemic is set to drag Africa economies into recession, with oil and gas producers hardest hit.
The regulatory agency held a meeting Tuesday to discuss joining OPEC+ in regulated cuts.
Up to 20 million barrels of oil per day could come off the market in combined efforts.
Mexico is the lone holdout in a global deal to save the oil and gas industry. US set to see production decline.
The gas-condensate project offshore Mauritania and Senegal is set to be delayed until the first half of 2023.
The OPEC+ group will cut 10 million barrels of oil per day, but Mexico is yet to come on board. A G20 meeting will determine if other producers are willing to reduce output.
The Government of Nigeria is watching developments in the oil and gas industry with keen interest.
Hon. Puot Kang pledged to join the OPEC negotiations, with hopes of reaching a favorable agreement.