Tuesday, 5 November 2019
West Africa crude offers continue rise on margins, freight
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Lagos — Improved margins and freight rates have boosted price offers for both heavy and sweet West African crude oil as at Friday, November ...
South Africa’s PetroSA eyes Russia for $359 million farmout deal
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Cape Town/Moscow — South Africa’s national oil company PetroSA and Russia’s state geological company Rosgeologia are in talks to finalize a ...
Monday, 4 November 2019
OPEC daily basket oil price closes at $60.19 per barrel
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Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $60.19 a barrel on Friday, compared with $60.52 the previous day, acc...
Kosmos Energy finds oil off Equatorial Guinea -oil ministry
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Cape Town — U.S. oil company Kosmos Energy has made an oil discovery at its S-5 well offshore of Equatorial Guinea, hitting 39 metres of net...
Sunday, 3 November 2019
A renewable-as-baseload strategy can fix Nigeria’s power sector
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Lagos — Wale Yusuff, Managing Director of Wärtsilä Nigeria, says it is time to question the suitability of a traditional approach to power g...
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