Industry Headlines News for East & South Africa


Results 21 articles shown

Oil Crosses $70 Threshold in London as Worldwide Glut Dwindles
Thursday, January 11, 2018 Oil briefly topped $70 a barrel in London for the first time in three years.

OPEC's Cheer Over 2018 Oil Rally Tinged By Shale Worries
Tuesday, January 09, 2018 Oil's price rally this year to its highest since May 2015 may seem a source of glee for OPEC.

Investors Sense Opportunities In Big Oil - But Mind The Gap
Friday, January 05, 2018 Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks.

Rig Trends: Offshore Rig Fleet Poised for Comeback, but More Time is Needed
Thursday, January 04, 2018 Most of the 2018 indicators are positive, and should they shake out as predicted, the second-half of next year could finally be the start of a true recovery.

Why I Returned to the Oilfield...
Thursday, January 04, 2018 Oil and gas workers detail their journeys exiting - and coming back - to the industry.

Oil, Gas Outlook: M&A, Asset Development Key to Future Growth
Wednesday, January 03, 2018 Argo Consulting's Alan Free discusses where the silver lining may be for oil and gas in 2018.

2018 Outlook: Survey Reveals Industry's Outlook on Oil Prices, Jobs
Tuesday, January 02, 2018 Rigzone readers share their outlooks on some of the most pertinent issues affecting the oil and gas industry.

Moody's Sees Oil Prices At $40-$60 Per Barrel This Year
Tuesday, January 02, 2018 Moody's Investors Service expects oil prices in the range of $40 to $60 per barrel in 2018.

Top 5 Articles by Rigzone Staff in 2017
Friday, December 29, 2017 Rigzone reveals some of its most-read articles written by staff in 2017.

Top Rigzone-Staff Picks for 2017
Thursday, December 28, 2017 Rigzone's editors highlight articles they've particularly enjoyed writing in 2017.

Five Oil Signals to Watch as 2018 Pits OPEC Against Shale
Thursday, December 28, 2017 Oil traders are going to have their work cut out for them in 2018.

Global Conventional Discoveries Hit Record Low
Friday, December 22, 2017 Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent.

BLOG: Wrapping Up a Year of Oil Price Predictions
Thursday, December 21, 2017 Volatility is the name of the game for oil prices, and in this end-of-year wrap-up, Rigzone shows the ups and downs that were present in this year’s predictions.

Official: South Sudan Owes Sudan $1.3B From 2012 Oil Deal
Tuesday, December 05, 2017 South Sudan still owes neighbouring Sudan $1.3 billion from a 2012 deal that ended a dispute over oil payments.

Industry Consultant: There's Still Oil to Find in East Africa
Thursday, March 16, 2017 There is still oil to discover in East Africa, suggests PetroMall consultant Mike Rego.

Pirates Demand Ransom For Tanker Seized Off Somalia
Wednesday, March 15, 2017 Pirates off the coast of Somalia, who hijacked an oil tanker with 8 Sri Lankan crew on board, are demanding a ransom for the release of the vessel, the EU Naval Force says.

Somali Pirates Hijack First Commercial Ship Since 2012
Tuesday, March 14, 2017 Pirates hijack an oil tanker with 8 Sri Lankan crew onboard, a Somali official says.

Future Giant Discoveries Could be Lurking Offshore South Africa
Thursday, February 23, 2017 Future giant discoveries may be lurking in the Outeniqua Basin offshore South Africa, according to Anongporn Intawong, a team leader geologist at Spectrum.

Somali President Appoints Oil Firm Executive As PM
Thursday, February 23, 2017 Somalia's newly elected president appoints the country director of British firm Soma Oil and Gas as the new prime minister.

Unite: Government Must Create Sustainable Future for Scottish Oil Sector
Friday, February 17, 2017 UK union Unite calls on the Scottish and Westminster governments to get together and develop a sustainable future for the Scottish oil and gas industry.

Ideal Employer Survey: Africa's Top 10 Companies
Tuesday, February 07, 2017 As Africa's energy demand rises, the continent's refiners increasingly focus on cutting sulfur from fuels. Meanwhile, its stable of E&P firms faces challenges to growth.