OIL & GAS

OIL & GAS

Crude Oil
COVER NEWSLETTER OIL & GAS

Brent crude oil dropped 1 percent on Monday, June 25, as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets ...
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Crude Oil
OIL & GAS

The United States cut its crude oil imports from Nigeria by 62.08 per cent to 3.92 million barrels in March, the lowest monthly level since February 2016. The ...
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Baru
NEWSLETTER OIL & GAS

By the year 2019, Nigeria is not only aiming to end fuel importation but to becoming a net exporter of the product, the Group Managing Director of the ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil prices grew more than 1 percent on Friday, June 22,  as the Organization of the Petroleum Exporting Countries, OPEC, tried to agree a deal to increase output ...
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OPEC
COVER NEWSLETTER OIL & GAS

The Organization of the Petroleum Exporting Countries, OPEC, on Friday, June 22,  moved closer toward boosting oil output as its leader Saudi Arabia appeared to have persuaded arch-rival ...
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Latin American Nations Vye for Funds in the Surge of Oil Auctions
NEWSLETTER OIL & GAS

Venezuela has the ability to boost crude output by 1 million barrels per day (bpd) by end of the 2018 in its bid to recover lost production, although the oil ...
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NNPC
COVER OIL & GAS

Unbudgeted JV, subsidy cut 2017 oil earnings, says World Bank   Kachikwu outlines strategies to reposition Africa’s oil industry  OPEC meets Friday to decide crude oil output policy The Nigerian National Petroleum ...
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JOBS OIL & GAS

Nigerdock is West Africa’s leading indigenous upstream oil and gas services company focused on Oil and Gas construction and marine services including offshore fabrication, ship building and repair, ...
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Oil
OIL & GAS

Major Oil producer, Saudi Arabia is struggling to convince fellow OPEC members including Gulf allies on the need to raise oil output, sources familiar with the talks revealed, adding ...
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Oil Rig
NEWSLETTER OIL & GAS

Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including crude. China, which ...
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NIPC
OIL & GAS

There are indications that Iran might conditionally accept an oil production surge, which Saudi Arabia and Russia are pushing for from July to meet growing global demand, Iran’s ...
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COVER NEWSLETTER OIL & GAS

Oil prices dropped on Thursday, June 21, as crude exporters in OPEC appeared to be nearing a deal to increase production. Benchmark Brent crude LCOc1 fell $1.76 a ...
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NEWSLETTER OIL & GAS

OPEC Secretary-General Mohammad Barkindo said on Thursday he was confident that OPEC and its allies would have successful meetings this week, as the oil producer group holds discussions on whether ...
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Power generation
NEWSLETTER OIL & GAS POWER & ENERGY

The Transmission Company of Nigeria (TCN) on Tuesday in Lagos said gas supply to generating stations had built up gradually after the Nigeria National Petroleum Corporation (NNPC) restored ...
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COVER NEWSLETTER OIL & GAS

Oil prices soared on Wednesday,June 20, boosted by a drop in U.S. commercial crude inventories and the loss of storage capacity in Libya, with investors cautious ahead of ...
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Latin American Nations Vye for Funds in the Surge of Oil Auctions
NEWSLETTER OIL & GAS

Global oil demand is set to remain strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could absorb extra production ...
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Crude Oil
NEWSLETTER OIL & GAS

Libya has lost some 400,000 barrels per day (bpd) of oil production in recent days because of militant attacks at the Ras Lanuf and Es Sider ports, the ...
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COVER NEWSLETTER OIL & GAS

Oil slipped on Tuesday, June 19, as an escalating trade dispute between the United States and China unleashed sharp selloffs in many global markets. Brent crude futures LCOc1 ...
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Latin American Nations Vye for Funds in the Surge of Oil Auctions
NEWSLETTER OIL & GAS

Russia and Saudi Arabia are pushing OPEC and its allies to raise oil output steeply from July to meet growing demand and cover supply outages in Venezuela and ...
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OIL & GAS

Nigeria’s crude oil, second highest valued in 2017 OPEC reference basket The Minister of State for Petroleum, Dr. Ibe Kachikwu, has directed the Nigerian National Petroleum Corporation (NNPC) ...
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