Oil & Gas

April 6, 2018

Africa Update: OPEC celebrates Nigeria’s oil industry in new bulletin

The Organisation of Petroleum Exporting Countries (OPEC) has dedicated the March edition of OPEC bulletin to celebrate Nigeria’s oil and gas sector. OPEC said that Nigeria, […]
March 20, 2018

Nigeria Update: Refineries operate at loss, record N66.278b deficit

Nigeria’s three refineries – Port Harcourt Refining Company (PHRC)Kaduna Refining & Petrochemical Company Limited (KRPC), and Warri Refining & Petrochemical Company Limited (WRPC), recorded an operational […]
March 8, 2018

Nigeria Update: IMF says Nigeria’s economy still vulnerable to oil shocks

The International Monetary Fund (IMF), Wednesday, welcomed Nigeria’s exit from economic recession and lauded its strong buildup in foreign exchange reserves. The Fund said this in […]
March 8, 2018

World Update: Oil steadies after big fall, but soaring U.S. crude output still weighs

Oil prices steadied on Thursday, supported by healthy demand, after falling the previous day on the back of record U.S. crude production and rising inventories. Brent […]