Leaders in African energy risk management united in a webinar on Friday under the theme, ‘Navigating Risk: Increasing Threats in the African Energy Market Under COVID-19′ June 12, 2020/Africa Oil & Power Conference The ‘Navigating Risk: Increasing Threats in the African Energy Market Under COVID-19’ webinar, hosted by Africa Oil […]
Updates
SEC Settles with Three Defendants in Boiler Room Scheme
June 11, 2020/US SEC The Securities and Exchange Commission today announced that it has obtained final judgments by consent against three individuals charged for their roles in a $10 million boiler room scheme. The SEC’s complaint, filed on July 12, 2017, alleged that Ronald Hardy and Anthony Vassallo, through boiler […]
OPECplus Cuts Could Be Deeper for Longer
Culled—Proshare June 11, 2020 by NOVA Merchant Bank Key Highlights Compared to the planned Phase 1 OPEC+ production cut of 9.7mbpd, the group only achieved 8.03mbpd in May with compliance rate of 82%. Coordinated cut back occasioned by lower prices resulted in additional production decline of 3.04mbpd, resulting in total […]