Oil & Gas

November 1, 2018

Africa Update: OPEC output peaked in October

The Organisation of Petroleum Exporting Countries (OPEC) got record output last month, a Reuters survey found, as higher supplies led by the United Arab Emirates and […]
October 23, 2018

Nigeria Update: NNPC, others silent over United States court’s $6.59 billion gas contract fine

The Ministry of Petroleum Resources, the Department of Petroleum Resources (DPR), and the Nigerian National Petroleum Corporation (NNPC), are yet to take a position after a […]
October 19, 2018

Nigeria Update: Oil firm advocates integrated economy, reduces gas flaring by 90%

Managing Director, Chevron Nigeria Limited, Jeff Ewing, has said that Nigeria must urgently take advantage of opportunities for investment in the gas sector to transit from […]
October 12, 2018

Africa Update: OPEC slashes growth forecast for global oil demand

The Organisation of Petroleum Exporting Countries (OPEC) has slashed its forecast of global demand growth for oil in 2019 for a third straight month on Thursday, […]