Oil & Gas

IEA's Birol sees US playing larger role in meeting oil demand

FatihFatih Birol, executive director of International Energy Agency (IEA) said that the US would meet about two-thirds of global oil demand in about five years, signalling that the US producers would continue to fill the gap left by production cuts from OPEC producers and Russia

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Sonangol investigates Isabel dos Santos over allegations of "misappropriation of funds"

isabeldossantosSonangol, Angola's state oil company, has announced an investigation into "possible misappropriation" of funds by Isabel dos Santos, the daughter of the former president

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DNV GL introduces Phast software to predict behaviour of toxic clouds

PhastDNV GL has introduced new software for process hazard analysis, Phast, to provide a new dispersion model for increasing accuracy in predicting movement of certain toxic clouds

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New oil and gas training centre for West Africa opens in Ghana

The ribbon is cut at the opening of the new oil and gas training centre in Takoradi. (Image Source: Rigworld)

A new training centre for the West African oil and gas industry, valued at US$8.5mn, has opened in Takoradi, Ghana

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Isabel dos Santos dismissed by Angola President as national oil company chair

sonangolJoao Lourenco, President of Angola, has dismissed Isabel dos Santos from her position as chair of Sonangol, the West African country’s national oil company

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