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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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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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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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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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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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, 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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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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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 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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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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