Nigeria, others to spend $105b on oil, gas decommissioning
APRNEWS - Nigeria and other oil producing countries across the world will expend about $105b on decommissioning in the next 10 years.
APRNEWS - Nigeria and other oil producing countries across the world will expend about $105b on decommissioning in the next 10 years.
REUTERS - U.S. stocks opened higher on Thursday, recovering from a selloff a day earlier as higher oil prices and merger activity helped offset fears of a Sino-U.S. trade war.
REUTERS - With oil price recovery taking hold, several U.S. oil and gas companies entered 2018 with a compelling plan - sell undeveloped or less essential fields and invest the money to boost returns from their sweetest, most productive spots.
APRNEWS - “Financing oil and gas in a cyclical industry means that a long term view on the underlying growth prospects of the recipient or project is necessary.
APRNEWS - Kenya’s president, Uhuru Kenyatta flagged off a pilot scheme to export crude oil via Mombasa as part of efforts to capitalize on the country’s oil reserves.
BUSINESSLIVE- Oil prices fell more than $2 per barrel Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest since 2014. Brent crude futures fell $2.35, or 3 percent, to settle at $76.44 a barrel. The global benchmark lost about 2.7 percent this week, its largest weekly drop since early April. The contract hit its highest since late 2014 at $80.50 last week.
APRNEWS - Africa’s second-largest crude producer, Angola, is cutting tax rates on development of marginal oil fields, a new feat, Joao Lourenco, the country’s president, is trying, in order to slow down the decline of oil production.
STANTEC - For nearly a century, millions of Canadians have relied on Imperial Oil’s Dartmouth refinery to heat homes, fuel cars, ships, airplanes, and maintain roads. It’s our job to keep it running.
AFP - An oil tanker that caught fire after colliding with a freighter off China's east coast is at risk of exploding, Chinese state media reported Monday, as authorities struggled to find its 32 missing crew and contain oil spewing from the blazing wreck.
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