Tag: Guyana

Equatorial Guinea takes bold action to aid explorers

The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P companies amid industry downturn; major U.S. upstream firms to benefit include Kosmos Energy, VAALCO Energy and more; the measure reflects broader efforts to drive global investment into Equatorial Guinea in line with its 2020 Year of Investment campaign, which will host the Africa Oil & Investment Forum & Exhibition in Malabo on November 25-26, 2020. In a decisive show of support t

Global Growth: Modest Pickup to 2.5% in 2020 amid Mounting Debt and Slowing Productivity Growth

The World Bank Group
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Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the Wor