Oil & Gas

June 19, 2018

World Update: Crude oil prices to decline to $68 a barrel in 2019

The United States’ Energy Information Administration (EIA) forecasts that Brent crude oil prices will average $71 per barrel in 2018 and $68 a barrel in 2019. […]
May 4, 2018

Nigeria Update: High oil prices boost IOCs, indigenous firms earning in Q1

As crude oil prices continue to soar, International Oil Companies (IOCs), and indigenous firms in Nigeria recorded significant profit during the first quarter of 2018. Sharply […]
May 4, 2018

Nigeria Update: Amid increase in oil prices, Oando posts N4.2b PAT in Q1 2018

Indigenious oil company, Oando PLC has registered yet another win with the publication of N4.2 billion profit-after-tax (PAT) in its Q1 2018 results, despite the ongoing […]
April 17, 2018

Nigeria Update: Nigeria’s Brent crude crosses $72 mark, production hits 1.81mbpd

Nigeria’s Bonny Light crude oil price touched it’s highest since 2014 at the weekend, supported by Organisation of the Petroleum Exporting Countries (OPEC) led production cuts, […]