Category: Oil & Gas

MOMBASA, Kenya (Reuters) - Kenya exported its first crude oil on Monday, amid pointed speeches by local leaders asking the government to stick to its

NEW YORK (Capital Markets in AfricaA) – Oil prices will rise over the next few months as global inventories shrink, before declining in 2020 as trade-

LONDON (Reuters) - OPEC’s share of the global oil market has sunk to 30%, the lowest in years, as a result of supply restraint and involuntary losses

MOSCOW (Reuters) - Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helpi

(Bloomberg) -- A looming U.S. sanctions deadline is threatening to clobber Venezuela’s dwindling oil-rig fleet and hamper energy production in the nat

Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to mo

LONDON (Reuters) - African states like Chad and Cameroon are shaping up to be big winners from new rules to cut sulfur emissions from ships, providing

Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675mn which will make the Geneva-based trading

Bloomberg/London Russia’s contaminated oil crisis isn’t over yet — at least not for the traders trying to find a home for the cargoes they