DMEA Week 19 2020
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Issue 449 14•May•2020 Week 19
Iraq’s new government
Iraq’s parliament has approved a new government, which will have to find solutions to the country’s growing economic crisis.
African fuel price cuts
Drivers in all Malawi, Zimbabwe and Tanzania are paying less for gasoline and diesel, even as they drive less.
Aramco profits dip
Saudi Aramco suffered a 25% decline in net profits in the first quarter as a result of the price crash.
Nigerian LNG takes next step
Nigerian LNG has issued a $4bn EPC contract for Train 7, paving the way for construction to begin.