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What is the outcome for the Nigerian economy this year?

Nigeria has long benefited from strong energy resources but in recent years the worldwide recession, US-China trade tensions and lack of reforms has hindered the economy. However as the new year starts there are signs that this year will not be much easier - with further uncertainty over oil prices, growing escalations and climate issues [...]

The role of Gas in powering Africa’s economy and future

Africa is significantly under-developed compared to other parts of the globe and this has resulted in stilted economies. However there is a resurgence and great growth, particularly in the energy sector and for oil and gas. Gas-fired power generation promises to unleash development and open African countries up to each other for more trade and [...]

Operational costs in the oil and gas industry have fallen thanks to the UK

As this article shows operational production costs in the oil and gas industry worldwide have come down in recent years. Among offshore regions the UK has assisted with cost cutting methods which are helping businesses save money. With oil prices showing their characteristic volatility every chance to reduce costs is welcome. Changing rotation cycles, closing [...]