Oil & Gas

January 26, 2018

World Update: Oil rises towards $80 on US crude inventory drop, weaker dollar

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the […]
January 23, 2018

Nigeria Update: Nigeria loses N1.74 trillion to absence of petroleum law

  Nigeria lost N1.74trillion to the absence of the Petroleum Industry Governance Bill (PIGB) in 2013, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). NEITI […]
January 16, 2018

Nigeria Update: Nigeria’s crude oil production hit 2.057mbpd in December

Nigeria’s crude oil production, including condensate hit 2.057 million barrels per day (bpd) in the month of December 2017. This is higher than the 1.93 million […]
January 11, 2018

Africa Update: Shipments of West African oil to China set to surge to a record

LONDON, Jan 10 (Reuters) – Shipments of West African oil to China are set to surge to a record in January, boosting overall fixtures heading east […]