Oil Stays Near $56
Oil traded near $56 a barrel as investors weighed a U.S. crude-stockpile surge that threatens to undermine OPEC’s bid to avert a glut against a drop in fuel inventories.
Source: Offshore
Oil Stays Near
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Colorado Passes Bill Threatening 100,000+ Jobs
The Colorado State Senate Transportation and Energy Committee passes a bill which the American Petroleum Institute says ‘threatens hundreds of thousands of jobs’.
Source: Offshore
Colorado Passes Bill Threatening 100,000+ Jobs
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Permian Still Booming Despite Hurdles
The Permian’s oil pipeline network is expected to grow 60-70 percent in the next five years.
Source: Offshore
Permian Still Booming Despite Hurdles
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Alberta Drillers Unfazed by Crude Glut
Some drillers are moving ahead in Canada’s oil sands despite depressed prices last year and resulting production cuts.
Source: Offshore
Alberta Drillers Unfazed by Crude Glut
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US to Export More Oil, Liquids than Saudi Arabia in 2019
The U.S. is poised to export more oil and liquids than Saudi Arabia by year-end, according to Rystad Energy.
Source: Offshore
US to Export More Oil, Liquids than Saudi Arabia in 2019
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Paxful and Bitmart form JV to help Africa’s unbanked population
Paxful, a peer-to-peer Bitcoin marketplace, has announced integration onto BitMart, global digital asset trading platform in the cryptocurrency market, aiming to increase liquidity and scalability
Source: African Review
Paxful and Bitmart form JV to help Africa’s unbanked population
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Jumeme starts construction of solar mini-grid project in Tanzania
RP Global, an independent renewable energy developer and majority shareholder of Jumeme Rural Power Supply Ltd, has announced that construction of the first phase of its ambitious solar-hybrid mini-grid project in Tanzania was in progress
Source: African Review
Jumeme starts construction of solar mini-grid project in Tanzania
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Innovation crucial to create jobs in Africa, says Songwe
Africa needs to innovate in order to create sufficient jobs for its growing youthful population, according to Vera Songwe, executive secretary of Economic Commission for Africa (ECA)
Source: African Review
Innovation crucial to create jobs in Africa, says Songwe
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IOG Rejects RockRose Proposal
IOG confirms that it received and ‘promptly rejected’ an unsolicited pre-conditional proposal from RockRose Energy for a possible cash offer for the entire issued share capital of the company.
Source: Offshore
IOG Rejects RockRose Proposal
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ExxonMobil Ups Earnings Projection
The bullish outlook stems in part from successes in South America and the Permian Basin.
Source: Offshore
ExxonMobil Ups Earnings Projection
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