Extractive 360
INTERNATIONAL NEWS
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347Senegal Launches First Offshore License Round
Petrosen, the national oil company of Senegal, launched the country’s first ever offshore licensing round at the MSGBC Basin Summit & Exhibition...
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438Australia Becomes World’s Largest LNG Exporter
Australia has become the largest exporter of LNG on an annualized basis with an estimated 77.514 million tonnes shipped from the country’s...
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431Africa, Brazil Leading Offshore Upstream Investment In 2020
Rystad Energy says it expects total upstream investments next year to decrease by around 4%, with shale set to experience a steep...
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572Total Plans Hub For New Offshore Angola Blocks
Total has signed agreements covering new and existing blocks offshore Angola. One involves acquiring operated interests in two blocks in the Kwanza...
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431Equatorial Guinea Foresees Surge In Oil, Gas Investments
Equatorial Guinea’s Ministry of Mines and Hydrocarbons says it expects $1.2 billion of investments in the country’s hydrocarbon sector in 2020. Pledges...
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433More License Rounds In Prospect Offshore Africa
Licensing round activity looks set to continue next year in a number of offshore regions, according to data/analytics company GlobalData. Its report,...
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429Oil Prices Surf U.S.-China Trade Thaw To 3-Month Highs
Oil prices remained atop three-month peaks on Thursday, extending a robust streak that began a week ago as thawing trade relations between...
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531
Oil Rises As OPEC Weighs Deeper Output Cuts
Oil prices edged higher on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in...
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586Petrobras Budgets $75.7bn Capex In 5-year Strategic Plan
Petrobras board has approved the company’s five-year Strategic Plan for 2020-2024. Forecast capex during this period is $75.7 billion, of which 85percent...
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568
Petrobras On Track To Become World’s largest Oil Producer
Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest...