Moody’s downgraded Gabon’s sovereign debt rating for the second time in 12 months to Caa1, citing liquidity pressures which are making debt repayment tougher
Source: African Review
Moody's downgrades Gabon on debt repayment worries
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Abu Dhabi Fund for Development (ADFD) has approved a US$10.89mn concessionary loan to develop a 33kV rural electrification project at Kalongo in Uganda
Source: African Review
ADFD grants US.89mn for a rural electrification project in Uganda
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The President’s office of Djibouti said in a statement that investments in infrastructure projects had not been affected by its decision to terminate a contract for the Doraleh Container Terminal (DCT)
Source: African Review
Djibouti says investments unaffected by DCT termination
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Oil production in Uganda is likely to start in 2021 at the earliest, China’s CNOOC said, giving a later date than the government’s 2020 target.
Source: Offshore
China's CNOOC Sees Ugandan Oil Production Starting In 2021
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TransCanada’s Columbia Gas Transmission (TCO) unit says it is working on a section of the Leach Xpress natural gas pipeline downstream of a pipe blast in West Virginia last week.
Source: Offshore
TransCanada Working On Leach Xpress Natgas Pipe After W. Va. Blast
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Phillips 66 says it plans to spend up to $1.5 billion on the expansion of its natural gas liquids project.
Source: Offshore
Phillips 66 To Expand Texas Natural Gas Liquids Project
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The Venezuelan government has appointed a new chief financial officer for PDVSA.
Source: Offshore
Venezuela Appoints Bank Exec Medina As Oil Company CFO
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Trump pushes the case for lower oil prices a week before the cartel meets to set production policy.
Source: Offshore
Trump Renews Twitter Assault on OPEC
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A new report by PwC identifies challenges the industry will face if there’s a supply crunch and offers ways for companies to develop future plans.
Source: Offshore
Companies Must Develop Resilient Strategies to Deal with Sector Volatility
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Rigzone highlights some of the upcoming challenges for oil and gas firms in the Permian.
Source: Offshore
'Clear Challenge' in Permian Relates to Shortage of Available Takeaway
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