OIL & GAS

OIL & GAS

Oil
NEWSLETTER OIL & GAS

Oil fell from its 2019 high of almost $67 a barrel on Tuesday as concerns about the progress of U.S.-China trade talks and slowing economic growth countered lower ...
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Crude Oil
COVER NEWSLETTER OIL & GAS

Crude oil rose for a fifth day yesterday, on track for its strongest first quarter in eight years, thanks to a growing belief among investors that the Organisation ...
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Oil
NEWSLETTER OIL & GAS

Indian Oil Corp, the country’s top refiner, has signed its first annual deal to buy up to 3 million tons or 60,000 barrels per day of U.S. oil, ...
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PPPRA
COVER NEWSLETTER OIL & GAS

In order to ease some burden on travellers during the rescheduled elections, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to reduce pump price ...
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Oil
NEWSLETTER OIL & GAS

Brent crude oil climbed above $65 a barrel to its highest this year as OPEC-led supply cuts and this week’s announcement of a higher than expected cut by ...
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Oil
NEWSLETTER OIL & GAS

Oil prices inched up on Thursday, buoyed by hopes that potential progress in the latest Sino-U.S. tariff talks would improve the global economic outlook. U.S. West Texas Intermediate ...
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Oil
OIL & GAS

Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in December, figures from the ...
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Crude Oil
COVER OIL & GAS

Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in December, figures from the ...
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crude oil
COVER NEWSLETTER OIL & GAS

Crude oil price rose yesterday to $63 per barrel after top exporter, Saudi Arabia, said it would cut crude exports and deliver an even deeper cut to its ...
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Total
INTERNATIONAL OIL & GAS

One of the big players in the oil and gas industry in Africa, Total, has commissioned a lubricant blending factory in Tanzania. The plant was launched on Friday, ...
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NEWSLETTER OIL & GAS

There are allegations that ExxonMobil may have resorted to anti-labour practices aimed at drastically excluding Nigerians from core activities in the company. Sources alleged that the intention was ...
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NNPC
COVER NEWSLETTER OIL & GAS

Exactly seven months after the Minister of State for Petroleum, Dr. Ibe Kachikwu, directed the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) ...
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Oil
NEWSLETTER OIL & GAS

Nigeria produced less crude oil in January 2019 that it did in December 2018 by 82,644 barrels per day (bd), current production records obtained from the Ministry of ...
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COVER NEWSLETTER OIL & GAS

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, has said the exporting group is not in the business of fixing oil prices. ...
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Oil Market
NEWSLETTER OIL & GAS

The energy minister of the United Arab Emirates (UAE) said on Monday, that supply and demand in the oil market should balance out in the first quarter of ...
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INTERNATIONAL NEWSLETTER OIL & GAS

There is a fair price for a barrel of oil and OPEC and its non-OPEC partners are close to achieving it through their deal to cut production, according ...
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First Bank
BANKING & FINANCE OIL & GAS

The Chief Executive Officer of First Bank Nigeria (FBN) Limited, Adesola Adeduntan said the bank will continue to assist operators in the oil and gas sector with the ...
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NEWSLETTER OIL & GAS SHIPPING & PORT SERVICES

Nigerians may experience scarcity of Liquefied Petroleum Gas (LPG), better known as cooking gas, following the detention of NLNG Limited’s vessel by the Nigerian Maritime Administration and Safety ...
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Crude Oil
COVER NEWSLETTER OIL & GAS

Oil prices fell by more than 1 percent on Monday as U.S. drilling activity picked up, even as a refinery fire in the U.S. state of Illinois resulted ...
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NEWSLETTER OIL & GAS

No fewer than ten persons have been confirmed dead and many injured over a petrol tanker explosion in Amawbia axis of the state capital, Awka . The inferno ...
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