Crude Oil Scam Brokers
Friday, 3 May 2019
Chevron sells remaining South Africa’s downstream assets for $1 billion
OpeOluwani Akintayo Lagos — U.S oil major, Chevron has finally sold its remaining assets in South Africa for $1 billion, exiting the country’s downstream sector. After a one-year drag, the company’s board has approved the sale of its downstream assets for a total of $1 Billion to a firm controlled by oil trader, Glencore. Chevron […] More »
Former BP, Equinor executive to lead African Energy Chamber in Angola
*Mr. Pugliese will lead the chamber’s activities in Angola and support the Chambers’ partners in unlocking value in Angola’s multi-billion-dollar oil and gas market Johannesburg, South Africa — The African Energy Chamber is pleased to announce that it has appointed Mr. Sergio Pugliese as President for Angola, effective May 1st, 2019. In this role, Mr. […] More »
Italy court rejects appeals against oil-gas permits granted Global Petroleum
Rome — An Italian regional court has thrown out an appeal by local municipalities against oil and gas exploration permits granted to Australia’s Global Petroleum Limited, according to a ruling seen by Reuters. The ruling said the municipalities had claimed Global Petroleum had made four different requests to carry out seismic exploration in the Adriatic […] More »
Trump administration to relax offshore safety rules sparked by 2010 Gulf oil spill
Trump administration to relax offshore safety rules sparked by 2010 Gulf oil. The Trump administration will unveil on Thursday its final More »
Thursday, 2 May 2019
Elumelu’s Transcorp Power Consortium wins bid for Afam Power
OpeOluwani Akintayo Lagos — Transcorp Power Consortium promoted by the Nigerian businessman, Tony Elumelu, has won the bid for Afam Power Plc. The National Council on Privatisation, NCP on Tuesday, declared the firm winner after it emerged the most preferred financial bidder. Chairman of the technical committee of the NCP, M.K. Ahmed, said Transcorp Consortium […] More »
Wednesday, 1 May 2019
W. Africa Crude-Awards for Indian tenders awaited, Nigerian offered high
W. Africa Crude-Awards for Indian tenders awaited, Nigerian offered high. Spot trading was muted on Tuesday as market participants awaited More »
Poll pushes average oil price forecast 2% higher in 2019
Poll pushes average oil price forecast 2% higher in 2019. A monthly survey of 31 economists and analysts forecast Brent crude would average $68.57 More »
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