OIL & GAS

OIL & GAS

COVER NEWSLETTER OIL & GAS

Oil prices on Thursday, July 20, retreated a day after a third consecutive weekly declines in U.S. crude supplies lifted prices to a six-week high. Traders weighed outcome ...
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NGA Seeks Gas Master Plan’s Review
NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation, NNPC, Financial and Operations Report for May 2017 released on Thursday, July 20, revealed that average national daily gas supply to the nation’s power ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil prices, on Wednesday, July 19, slumped after a surge in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. Brent ...
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COVER NEWSLETTER OIL & GAS

The Organization of the Petroleum Exporting Countries, OPEC has said its oil production jumped in June and forecast world demand for its crude will decline next year as ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil shot up on Tuesday, July 18,  as demand soaked up some of the surplus supplies from OPEC and the United States, however, traders said the market was trading in ...
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COVER NEWSLETTER OIL & GAS

Oil price on Monday, July 17, climbed above $49 a barrel, as a slowdown in the growth of rigs drilling in the United States eased concern that surging ...
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COVER NEWSLETTER OIL & GAS

  The Organization of the Petroleum Exporting Countries, OPEC’s compliance with production cuts fell in June to its lowest levels in six months as several members pumped much ...
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Oil Exploration Dangote
COVER NEWSLETTER OIL & GAS

Oil prices on Friday, July 14, soared in volatile trade as signs of strengthening demand was offset by still-high global stocks and concerns about economic growth. Benchmark Brent ...
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Oil Exploration Dangote
NEWSLETTER OIL & GAS

World largest oil exporter, Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to balance the rise in ...
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COVER NEWSLETTER OIL & GAS

Oil prices, on Thursday, July 13, crashed on worries about oversupply as the world’s energy watchdog warned that a long-awaited market rebalancing could be delayed due to weak ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil output of the Organization of the Petroleum Exporting Countries, OPEC, jumped in June by more than 300,000 barrels per day, (bpd) according to figures the exporter group ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil jumped above $48 a barrel on Wednesday, July 12, in response to a drop in U.S. fuel inventories and a cut in the U.S. government’s forecast for ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil prices slumped on Tuesday, July 11,  as global oversupply encouraged several banks cut their price forecasts. Benchmark Brent crude LCOc1 was down 30 cents at $46.58 a ...
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COVER NEWSLETTER OIL & GAS

Oil prices, on Monday, July 10,  rebounded some losses after a 3 percent fall in the previous session, however, markets remain under pressure from high drilling activity in ...
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Oil
COVER NEWSLETTER OIL & GAS

The rising world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries, OPEC, could push crude prices up to $60 a barrel before the ...
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COVER NEWSLETTER OIL & GAS

Oil prices dipped by more than 3 percent on Friday, July 7, after data showed U.S. production rose last week just as OPEC exports hit a 2017 high, ...
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NEWSLETTER OIL & GAS

  Indigenous oil company, Seplat Petroleum Development Company Plc , on Monday, July 3, confirmed that it has successfully extended its revolving credit facility by one year. The ...
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COVER NEWSLETTER OIL & GAS

Oil prices, on Monday, July 3, eased edged downwards for seven sessions in a row, as evidence of rising OPEC crude production snuffed out earlier gains. Brent crude ...
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COVER NEWSLETTER OIL & GAS

  Oil Prices on Friday, June 30,  were on track for their biggest weekly gain since mid-May, ending five weeks of losses with prices underpinned by a decline ...
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NNPC-oil-gas-workers
COVER NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation, NNPC, on Thursday, June 29,sealed a tripartite agreement in Abuja, in a bid to grow the nation’s crude oil reserves to 40 billion barrels ...
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