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A service for energy industry professionals · Wednesday, January 27, 2021 · 535,095,088 Articles · 3+ Million Readers
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Kenya Shale Oil Newswire

  • Published on Dec 27, 2020

    Nigeria’s duty-free export to US shrinks to $351.73m

    Ife Ogunfuwa Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September. According to the latest African Growth and Opportunity Act policy trade statistics, exports …

    Source: Punch - Neutral
  • Published on Nov 12, 2020

    BUSINESS MAVERICK: Peak oil demand behind us as pandemic accelerates energy transition, says PwC

    Pump jacks of the Inglewood Oil reserve function amid the coronavirus pandemic in Los Angeles, California. US crude oil prices went negative on 20 April as demand disappeared due to lockdown measures. (EPA-EFE / Etienne Laurent) If international …

    Source: Daily Maverick - Neutral
  • Published on Oct 23, 2020

    Nigeria’s duty-free export to US shrinks to $300.48m

    Ife Ogunfuwa  Nigeria’s export to the United States under a duty-free policy declined in the first eight months of 2020, recording $300.48m from January to August. According to the latest African Growth and Opportunity Act policy trade statistics, exports …

    Source: Punch - Neutral
  • Published on Oct 4, 2020

    Nigeria’s exports to US fall by 85% in H1

    Ife Ogunfuwa Nigeria’s export to the United States under the African Growth and Opportunity Act policy declined in the first half of 2020 to $244.1m. According to the latest AGOA trade statistics, exports to the US under the duty-free policy fell by 85 per …

    Source: Punch - Neutral
  • Published on May 6, 2020

    Oil industry revival remains hostage to Covid-19 pandemic

    Tuesday, May 5, 2020 22:02 By GEORGE WACHIRA   For the oil industry, April was certainly the lowest point in recent years as the sector experienced a major collapse of oil demands. This has caused unplanned oil production cut-backs as storage tanks filled …

    Source: Business Daily - Neutral
  • Published on Apr 26, 2020

    How much further can we go as oil sell-off continues?

    Sunday, April 26, 2020 21:45 By KEVIN NG'ANG'A | Last week saw US crude futures for May delivery plunge below zero. FILE PHOTO | NMG  Last week saw US crude futures for May delivery plunge below zero for the first time ever, June futures dove 43 …

    Source: Business Daily - Neutral
  • Published on Apr 21, 2020

    Oil prices now at mercy of new virus, not supply

    Tuesday, April 21, 2020 22:00 By GEORGE WACHIRA An oil economist recently opined that oil prices could go negative. FILE PHOTO | NMG  An oil economist recently opined that oil prices could go negative. What he meant was that oil production and refining …

    Source: Business Daily - Neutral
  • Published on Apr 16, 2020

    How oil logistics firm plans to ride out Covid-19 storm

    Thursday, April 16, 2020 21:54 By ELIZABETH KIVUVA The troubles of the global oil industry have faced have been aggravated by the Covid-19 pandemic, with oil prices declining and markets experiencing turbulence. Low demand due to restrictions on …

    Source: Business Daily - Neutral
  • Published on Mar 31, 2020

    How Covid-19 is pushing down global prices of oil

    Tuesday, March 31, 2020 21:28 By GEORGE WACHIRA   Two months ago in this column, I analysed potential impacts of the Coronavirus disease on global oil demand and prices. At the time, the total global coronavirus cases were about 17,000 and 300 deaths, with …

    Source: Business Daily - Neutral
  • Published on Mar 17, 2020

    Why oil price wars are not sustainable

    Wednesday, March 18, 2020 0:01 By GEORGE WACHIRA We should enjoy the lower prices as long as they last. FILE PHOTO \ NMG  Earlier this month, Saudi Arabia increased oil production while also discounting its export oil prices. Brent oil price instantly …

    Source: Business Daily - Neutral
  • Published on Mar 10, 2020

    Coronavirus continues to reduce global oil demands and prices

    Wednesday, March 11, 2020 0:01 By GEORGE WACHIRA Let us enjoy the unfolding low oil prices while they last. FILE PHOTO | NMG  When I wrote about coronavirus in this column six weeks ago, it was about an impending threat to the global economy whose impact …

    Source: Business Daily - Neutral
  • Published on Jan 1, 2020

    Key issues that will shape oil sector in 2020 in 2020

    Wednesday, January 1, 2020 12:19 By GEORGE WACHIRA   Globally, the year 2019 was defined by fairly stable oil prices in the $55-65 per barrel range sustained by oil over-supply across the world. This is despite supply/demand uncertainties caused by …

    Source: Business Daily - Neutral
  • Published on Nov 26, 2019

    Why it isn’t easy to finalise oil and gas investment deals

    Tuesday, November 26, 2019 22:00 By GEORGE WACHIRA An oil rig in Turkana. FILE PHOTO | NMG  I have come to learn and appreciate that with oil and gas projects it is never a done deal until a Final Investment Decision (FID) is penned and ink dried. Prior to …

    Source: Business Daily - Neutral
  • Published on Sep 4, 2019

    Why oil prices have defied geopolitics

    Tuesday, September 3, 2019 22:56 By GEORGE WACHIRA   Crude oil prices have continued to defy negative global supply/demand influences to remain at a persistently low price of around $60 per barrel. Low is here relative when compared with above $100 …

    Source: Business Daily - Neutral
  • Published on Apr 15, 2020

    SPYING ON CHINA: THE IN-COMING CLASS CAPTAIN

    ‘’ On December 26th 1991, the Soviet Union died and something new was born, something utterly new – *a unipolar world dominated by a single superpower unchecked by any rival and with decisive reach in every corner of the globe. “This is staggering …

    Source: The News Chronicle - Neutral
  • Published on Apr 14, 2020

    Coronavirus Has Created Economic Openings for China in Africa Interest

    The global north is in lockdown. Europe and the United States are handling thousands of deaths every day. China and India are in lockdown. Iran is in shambles. Compared to these, Africa seems relatively untouched so far by COVID-19. But the pandemic’s …

    Source: Shanghai News.net - Neutral
  • Published on Feb 3, 2017

    Analysts warn of tough times ahead in Kenya, citing poor weather

    A pastoralist and his son helplessly looks at his starved sheep succumbing to hunger pangs in Kibish area as drought continues to hit parts of Turkana CountyKenyans should brace themselves for tough times as prices of key consumer goods are expected to …

    Source: The Standard - Uncategorized
  • Published on Jan 10, 2017

    Analysts warn of tough times ahead in Kenya, citing poor weather

    A pastoralist and his son helplessly looks at his starved sheep succumbing to hunger pangs in Kibish area as drought continues to hit parts of Turkana County Kenyans should brace themselves for tough times as prices of key consumer goods are expected to …

    Source: The Standard - Uncategorized
  • Published on Mar 29, 2020

    DAVID NDII - Thoughts on a Pandemic, Geoeconomics and Africa's Urban Sociology - The Elephant

    The global coronavirus pandemic has triggered worldwide panic as the numbers of victims explode and economies implode, as physical movement and social interactions wither in lockdowns, as apocalyptic projections of its destructive reach soar, and as …

    Source: The Africa News.net - Neutral
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