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OIL & GAS

OIL & GAS

Oil
COVER NEWSLETTER OIL & GAS

Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States ...
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COVER NEWSLETTER OIL & GAS

Petrol supply figures indicated that the amount of financial subsidy Nigeria currently absorbs to keep the pump price of petrol at N145 per litre instead of the expected ...
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Oil
COVER NEWSLETTER OIL & GAS

The InterContinental Exchange (ICE) has launched its first set of derivatives linked to the West African crude oil market. This is aimed at an industry that has called ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices were broadly flat on Friday with the market exposed to bullish and bearish sentiments as it clawed back some territory after falling by the most in ...
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COVER NEWSLETTER OIL & GAS

The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N2,05.14 in August ...
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OIL & GAS

Rivers State Governor, Nyesom Wike, will in two weeks meet with the top management of Shell Petroleum, Nigerian Ports Authority (NPA), Oil and Gas Free Zones Authority (OGFZA) ...
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OIL & GAS

Industry regulators, the Department of Petroleum Resources (DPR), and Petroleum Products Pricing Regulatory Agency (PPPRA), have deliberately withheld importation data for kerosene, as scarcity hits the market with ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices fell on Thursday, slipping back from four-month highs as investors focused on the risk that emerging market crises and trade disputes could dent demand even as ...
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Oil Markets
COVER NEWSLETTER OIL & GAS

Oil market focus is on current threats to the global oil supply. Forthcoming U.S. sanctions on Iran’s oil sector, coming into effect in November, are seen as the ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices rose on Wednesday after a report of falling crude inventories and the looming sanctions against Iran fueled expectations of a tightening market. Prices were also pushed ...
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COVER NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation (NNPC) has said it is considering going into a partnership with the China National Offshore Oil Corporation (CNOOC), to develop its expertise in ...
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Oil
NEWSLETTER OIL & GAS

Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in from November. Brent crude ...
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COVER NEWSLETTER OIL & GAS

U.S. rig count has stagnated since May. U.S. sanctions against Iran’s oil sector tighten market — FGE Washington to meet with Saudi, Russia to discuss oil policy. U.S.-China ...
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NUPENG
LABOUR OIL & GAS

The national leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has ordered its members operating in oil and gas service companies in Delta state to ...
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Crude Oil
NEWSLETTER OIL & GAS

Oil rose on Thursday, encouraged by a weaker dollar and evidence of strong U.S. fuel demand, though demand prospects remain clouded by the turmoil engulfing emerging markets and ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices fell about 1 percent on Wednesday after a U.S. Gulf storm weakened and moved away from oil-producing areas, and on mounting concerns about global trade disputes ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices rose on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. U.S. light crude jumped $1.60 a barrel from ...
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COVER LABOUR NEWSLETTER OIL & GAS

Oil giant ExxonMobil on Monday decried a blockade mounted by its former employees around its facilities in Nigeria. The oil firm said the activity threatens crude production and such “disruptions ...
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COVER NEWS NEWSLETTER OIL & GAS Uncategorized

THE China National Petroleum Corporation (CNPC) has assured Nigeria of its unflinching commitment towards securing funding for the financing and execution of the Ajaokuta-Kaduna-Kano (AKK) pipeline project. The ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply ...
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