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The Future of Screen printed Literature in Electronic digital Years of age.

The Future of Screen printed Literature in Electronic digital Years of age. Through the hundreds of years, screen printed literature have withstood to be the unquestionable medium of…

Exxon says is in Advanced talks with Italian Major Eni to acquire stake in Mozambique Gas Feilds

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Exxon Mobil Corp. is in advanced negotiations with Eni SpA over acquiring a minority stake in natural-gas discoveries off Mozambique, according to two people with knowledge of the…

South Africa Energy Industry workers’ Strike Likely to affect Oil Refineries—Expert

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South African energy workers plan to strike from Thursday over wages, potentially affecting crude oil refineries and fuel depots, the Chemical, Energy, Paper, Printing, Wood and Allied Workers…

Is OPEC a Toothless Organisation attracting world attention without Impact on the Oil Market?

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By Anas Alhajji… The Organization of the Petroleum Exporting Countries is dead. Saudi Arabia killed it. Now, OPEC is just a toothless zombie, attracting attention, but without having…

Here is How the Looming fall in Oil Demand Could Trigger Another Market Slump

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By Gaurav Sharma… Towards the middle of the current trading year, a glut ridden oil market had started showing some signs of rebalancing. Decline in US oil production…

Ghana announce Deficit in Oil Earnings, The Saturated Market is Hurting the Once Hopeful Producer

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Ghana’s crude oil revenues will be 1.4 billion cedis this year, lower than a previous estimate of 2 billion cedis, the finance minister said in a budget review….

New ‘Panama papers’ Expose Oil Companies and Gov’t Officials in Misuse of Corporate and Political power in Africa

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Nearly four months after the initial release of the Panama Papers, investigations into the use of offshore accounts to channel illegal funds have now revealed a large-scale network…

Tanzania adopts ‘Bulk Procurement System’ to Guide Downstream Operation of Gas Industry

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The government of Tanzania has adopted bulk procurement system for the importation of liquefied petroleum gas (LPG) in the country, effective from September this year The new system…

Oil and Development: Can Oil Revenues Transform the Poor Economies of Africa’s New and Old Producers?

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Critics point out that ordinary people have not benefited from oil and gas exploitation in many African states. Billions of dollars in revenue have had little positive impact…

Nigeria Sets Special Fund Worth $100 million to Revamp its Oil Price hit Sector

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Nigeria’s government has launched a special fund worth US$100 million to take care of securing the credit that the oil industry of the country needs. Called a Nigerian…