OIL & GAS

OIL & GAS

Illustration of three oil rigs in the desert
COVER NEWSLETTER OIL & GAS

  Oil prices on Thursday, February 23, leaped after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

  Global oil prices on Wednesday, February 22, crashed as the U.S. dollar in which payments for crude are made, rose but they traded broadly at multi-week highs ...
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Forte oil
COVER NEWSLETTER OIL & GAS

  The Nigerian Stock Exchange, NSE, has listed an underwritten N9billion bond for Forte Oil as part of the planned N50 billion bond issuance programme for the energy ...
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oil
COVER NEWSLETTER OIL & GAS

  Oil prices edged higher on Tuesday, February 21, as investors held onto their bullish positions, betting on the supply to tighten as major oil producers cut their ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil prices, on Monday, February 20, surged but the gains were capped as investors gauged whether an increase in U.S. drilling rigs and record stockpiles would undermine efforts ...
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Dr.-Andrew-Yakubu
COVER OIL & GAS

Former managing director of the Nigerian National Petroleum Corporation, Mr. Andrew Yakubu, whose ‘gift’ of  $9.7million and  £74,000 was hidden in a house in Sabon Tasha in Kaduna city, ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

  Oil prices on Friday, February 17, took a downward path as high crude stocks surpassed output cuts of the Organization of Petroleum Exporting Countries, OPEC, Brent crude ...
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UN
NEWSLETTER OIL & GAS

The operator of Otakikpo Marginal field in OML 11, Green Energy International Limited (GEIL), has been given the “Technical Allowable Rate” of 8,350 bpd from the four strings ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil prices steadied on Thursday, February 16 as record crude and gasoline inventories in the United States dragged on prices. Brent crude was up 10 cents at $55.85 ...
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Illustration of three oil rigs in the desert
COVER NEWSLETTER OIL & GAS

Oil prices on Wednesday, February 15, slumped over concerns that the Organization of Petroleum Exporting Countries producers would not be able to maintain their high compliance so far ...
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oil
COVER NEWSLETTER OIL & GAS

Oil surged on Tuesday, February 14, buoyed by an OPEC-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have contained them ...
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oil
COVER NEWSLETTER OIL & GAS

    Oil prices on Monday, February 13, slumped by more than 1 percent after an OPEC report showed that high compliance with last year’s landmark production- cut ...
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Oil
COVER NEWSLETTER OIL & GAS

The Organization of petroleum Exporting Countries, OPEC cut its crude oil production by 890,000 bpd from December to average 32.14 million bpd in January, the cartel said in ...
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Illustration of three oil rigs in the desert
COVER NEWSLETTER OIL & GAS

  Oil prices, on Friday, February 10, soared by about $1 after reports that members of the Organization of Petroleum Exporting Countries, OPEC, delivered more than 90 percent ...
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Forte oil
NEWSLETTER OIL & GAS

  FMDQ OTC Securities Exchange (‘FMDQ’ or ‘the OTC Exchange’) has admitted Forte oil N9billion Bond (Series 1 under a ₦50.00bn Medium-Term Bond Programme) on the exchange. This ...
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oil
COVER NEWSLETTER OIL & GAS

  Oil prices soared on Thursday, February 9, buoyed by an unexpected draw in U.S. gasoline inventories, although bloated crude supplies meant that fuel markets remain under pressure. ...
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Oil
COVER NEWSLETTER OIL & GAS

  Oil prices steadied on Tuesday, February 7, as lower production by the Organization of Petroleum Exporting Countries, OPEC and other exporters balanced growing evidence of a revival ...
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Illustration of three oil rigs in the desert
COVER NEWSLETTER OIL & GAS

  Oil prices jumped on Monday, February 6, with traders shifting money into crude futures as the dollar dropped in value. International Brent crude futures were trading at ...
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oil
COVER NEWSLETTER OIL & GAS

  Oil prices, on Friday, February 3, saw a rebound after the United States announced sanctions related to Iran’s ballistic missile test, and on signs big oil producers ...
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nnpc
COVER NEWSLETTER OIL & GAS

  The Nigerian National Petroleum Corporation, NNPC, has opened bids from 128 companies that indicated interest for 2017 Direct Sale Direct Purchase (DSDP) or crude/product swap which it ...
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