OPEC eyes Namibia as African country plans oil production in 2030
After losing Angola and other key players, the Organization of Petroleum Exporting Countries (OPEC) has set its eyes on Namibia for possible ...
Tag: Rystad Energy
Oil and gas companies to spend $58 billion on well intervention in 2023 – Rystad
In a bid to promote drilling efficiency, oil and gas companies are projected to spend $58 billion on well intervention, ...
Nigeria’s potential crude oil reserves expected to fall by 6 billion barrels
The company expects potential reserves in Nigeria to fall further by 6 billion barrels.
Oil price slumps, US extends travel ban to Europe
Oil prices have slumped again on Thursday, following the declaration of a travel ban on European countries into the United States.
Further oil production cut required to keep oil price above $40 in 2020
New oil production cuts must be announced by the Organisation of OPEC+ to keep oil price above $40 per barrel.
Should Nigeria worry as unprofitable oil era looms?
A recent study report by Rystad Energy has suggested that many international oil exploration companies may soon be faced with huge ...
