Liquids output from African producers including Nigeria and Angola is set to be slashed in half by 2030 due to drastic exploration cutbacks and governments need to offer improved fiscal terms to boost investment, according to Wood Mackenzie. The research consultancy forecasts upstream investment in sub-Saharan Africa will be cut by $100 billion over the … Continue reading Mozambique plans 6th licensing round / Africa ‘stepping on gas’ as liquids lose pace