Azerbaijan is Thinking to develop Non-Oil Sector Against Oil drop impact Pursuing the policy of developing the non-oil sector in order to ensure economic growth of the country, as well as the recent reduction of energy exports income due to the prolonged oil prices fall on the world market result in the fact that Azerbaijan…
Stakeholders Decry Huge impact due to Slump in Oil price Reports Nigeria Guardian Online MORE stakeholders in Nigeria’s maritime sector have continued to lament the negative impact of the drop in price of crude oil in the international market. Specifically, they are complaining of their inability to sustain existing wage bills. Indeed, due to the…
North Sea Oil Sector faces perfect Storm, predicts 10,000 job loses, Experts advocate Tax Cuts Evidently as lower crude prices persists, banks may no longer provide credit. Producers in the North Sea, ranging from giants such as Royal Dutch Shell and Total to smaller players such as EnQuest and Ithaca Energy are contending with the…
MX Oil announces directorate change and Starts Drilling on Aje 5 Offshore Nigeria MX Oil plc, the AIM quoted oil and gas investment company, is pleased to announce the appointment of Mr Nigel Bruce McKim as Non-executive Director with immediate effect. Nigel will replace Patrick Mendoza, who is stepping down from the Board to pursue…