Unplanned supply losses from Iran and Venezuela could effectively double the intended cutback of 800,000 barrels a day.
Source: Offshore
OPEC's Unplanned Supply Losses Could Double Its Cut
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The cyber attack on Saipem hit servers based in the Middle East, India, Aberdeen and Italy.
Source: Offshore
Saipem Reveals Extent of Cyber Attack
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Oil traded below $52 a barrel after U.S. crude inventories slid less than expected and added to concerns that the OPEC+ coalition’s output cuts won’t be enough to avert a supply glut.
Source: Offshore
Oil Stays Below
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Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in crude inventories.
Source: Offshore
Saudi Arabia Plans to Slash Exports to US
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Premier Oil is considering a bid for a package of North Sea oil and gas assets put on the block by Chevron.
Source: Offshore
Premier Oil Eyes Bid for Chevron's North Sea Assets
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A successful implementation of the African Continental Free Trade Area (AfCFTA) agreement cannot be achieved without the “people dimension,” ensuring that the integration process does not lead to widening inequalities or exclusion, the AEC Forum observed
Source: African Review
AEC pushes for an inclusive African Continental Free-Trade Agreement
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4G Capital, a fintech company, has announced the launch of NxtGen
Source: African Review
4G Capital launches Nxtgen for Africa’s banking industry
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Africa Finance Corporation (AFC), one of the leading infrastructure development finance institutions in Africa, has announced the official opening of the Bel Air mine in Guinea-Conakry, a high-grade bauxite mine
Source: African Review
Alpha Conde officially opens Bel Air Mine in Guinea
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Africa’s social startup studio Janngo has announced the launch of Jexport, its turnkey import-export platform
Source: African Review
Janngo launches import-export platform in Côte d'Ivoire
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The UK’s OGA is continuing to make more and more data openly available to help revitalize exploration of oil and gas in the UKCS.
Source: Offshore
OGA Releases More Data to Help UKCS Exploration
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