OIL & GAS

OIL & GAS

COVER NEWSLETTER OIL & GAS

Oil prices soared higher on Tuesday, September 19, trading close to five-month highs after key Middle Eastern producers showed they continued to comply with output cuts under an ...
Comments Off on Oil Jumps to Five-month High at $55.54/barrel
COVER OIL & GAS

Oil prices moved close to $56 on Monday, remaining near multi-month highs reached late last week. The number of US rigs drilling for new production fell and refineries ...
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OIL & GAS

Vice-President Yemi Osinbajo has said the profitability of Nigeria’s oil is gradually declining. Speaking during the second national council on Niger Delta meeting held in Akure, Osinbajo said ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
NEWSLETTER OIL & GAS

Profits on gasoil and jet fuel in Asia could keep climbing after marking their highest in nearly two years this month, driven as demand outpaces supply hit by a string ...
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COVER NEWSLETTER OIL & GAS

Oil prices ease on Tuesday, September 12, as Hurricane Irma’s dampening effect on demand offset refinery restarts in the wake of Hurricane Harvey. International benchmark Brent crude LCOc1 ...
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NEWSLETTER OIL & GAS

Royal Dutch Shell and Shoreline Energy International, an indigenous firm with interests in power & energy, infrastructure & engineering, investments & trading, as well as telecommunications has sealed ...
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COVER NEWSLETTER OIL & GAS

Oil prices were mixed on Monday, September 11, with Hurricane Irma’s continued pounding Florida raising demand fears, while U.S. refinery restarts and Saudi cut extension talks gave upward ...
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OIL & GAS

The Nigerian National Petroleum Corporation (NNPC) is planning to allocate 80 percent of crude lifting deal to NNPC Trading, an arm of the corporation which evolved from the merger ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil prices steadied on Friday, September 8, after almost a week of sharp rises as Hurricane Irma, one of the most powerful storms in a century, drove towards ...
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NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation, NNPC, and its upstream joint venture partner, ExxonMobil, are making plans to expand existing operational portfolio to boost ol production capacity. Group Managing Director ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil industry survey released last week revealed Nigeria and some West African nation’s crude oil exports to Asia particularly India and China are expected to reach a seven-month ...
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COVER OIL & GAS

Oil markets on Friday saw Brent crude supported by  Saudi Arabia hoping to cut October supplies, while United States crude was curbed by refinery-outages due to  Hurricane-Harvey damages, ...
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COVER OIL & GAS

Brig. Gen. Paul Boroh, the Special Adviser to President Muhammadu Buhari on Niger Delta, says the Federal Government will soon introduce a programme that will end gas flaring ...
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Oil
COVER NEWSLETTER OIL & GAS

Brent oil prices strengthened on Thursday, September 7, hovering near 3-1/2-month highs as U.S. refiners restarting after Tropical Storm Harvey increased their crude processing and the U.S. dollar declined. ...
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COVER OIL & GAS SHIPPING & PORT SERVICES

Twenty six ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Sept. 7 to Sept. ...
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COVER OIL & GAS

Oil prices rose on Wednesday and remained so on Thursday due to the closure of refineries as a result of Hurricane Harvey, which knocked out refineries, pipelines, and ...
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Capital Market COVER OIL & GAS

Oando Plc is set to hold its annual general meeting (AGM) on September 11 in Uyo, the Akwa Ibom state capital, after it got a nod from the Securities ...
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COVER NEWSLETTER OIL & GAS

Oil prices jumped on Wednesday, September 6, as strong global refining margins and the reopening of U.S. Gulf Coast refineries provided a more bullish outlook after sharp drops ...
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NEWSLETTER OIL & GAS

Oil Giant, Total plans to restart the 225,500 barrel per day (bpd) Port Arthur, Texas, refinery “soon,” Gulf Coast market sources said at the weekend. No date has ...
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COVER NEWSLETTER OIL & GAS

Crude oil prices, on Tuesday, September 5, surged and gasoline fell about 3 percent on Tuesday as the gradual restart of refineries in the U.S. Gulf that were ...
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