Angola: Cabinet auctions off 55 oil blocks in 2019

Angola: Cabinet auctions off 55 oil blocks in 2019

Angola’s National Oil and Gas Agency (ANPG) is expected to auction 55 onshore and offshore oil blocks this year, the minister of Mineral Resources and Oil announced on Friday in Luanda. Advertisements

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Mozambique Oil & Gas: Anadarko working to sell 2 MTPA of LNG ahead of FID

Mozambique Oil & Gas: Anadarko working to sell 2 MTPA of LNG ahead of FID

Anadarko is making progress with the development of the vast gas resources discovered in its offshore block in Mozambique and is working on executing a sale contract for 2 MTPA of LNG a year prior to making the final investment decision.

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Global Industry: Oil May Never Return To The Triple-Digits

Global Industry: Oil May Never Return To The Triple-Digits

Despite the wild ride of oil prices in 2018—in which gains earlier in the year were wiped out in massive sell-offs in the fourth quarter—energy and banking professionals expect Brent Crude oil prices not to deviate too much from current levels in the next five years.

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Global Industry: What’s In Store For OPEC In 2019?

Global Industry: What’s In Store For OPEC In 2019?

OPEC has come through some turbulent times in the last few years as oil prices fell to decade lows. It has implemented production cuts, has rallied Russia to climb onboard the production cut train, has weathered the rise of US shale to never-before-seen highs, has extended those production cuts, has lifted production to quell a nervous market post-Iranian sanctions, and then has managed to pull a rabbit out of a hat by agreeing to yet…

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Mozambique: Anadarko promotes road safety as it readies communities for construction phase in Palma

Mozambique: Anadarko promotes road safety as it readies communities for construction phase in Palma

The Mozambique LNG Project, led by Anadarko, in partnership with the District Government of Palma and INATTER, has recently launched a road safety campaign in the district of Palma in Cabo Delgado.

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Global Oil & Gas: 2019, A Pivotal Year For OPEC

Global Oil & Gas: 2019, A Pivotal Year For OPEC

OPEC’s rollercoaster ride in Vienna highlights the growing divide within the oil cartel. Many oil analysts and financial gurus have fallen for the oldest media trick in the world, and a growing rift in the organization shows a new era is coming.

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