Home Tags Crude oil

Tag: crude oil

NNPC/Aiteo Joint Venture launches new crude oil grade into the international...

0
...Commences Shipment of two 950,000 barrels cargoes ...Two cargoes of 950,000 barrels each of the Nembe Crude Oil grade have since been exported to France...

Quick Take| Nigeria’s crude oil production can’t breach the OPEC+ quota,...

0
TUE, 30 AUG, 2022-theGBJournal| Unsurprisingly, the oil sector maintained its contraction for the ninth consecutive quarter in line with the lingering production challenges exacerbated...

Shell’s sizeable oil discovery in Namibia means huge opportunity for economic...

0
…The global oil major has announced a significant oil discovery in the offshore Graff-1 well in Namibia, reaffirming the hydrocarbon potential of Namibia MON 07...

Following Nigeria’s Example: Developing marginal fields is more important than ever...

0
…Marginal field development has also allowed indigenous companies to step out from oil majors’ shadow and thrive By NJ Ayuk MON 13 DEC, 2021-theGBJournal- Nigerian energy-industry...

Cordros Research forecasts 6% crude oil demand growth in 2021, oil...

0
bY Audrey Lotechukwu MON 28 JUNE, 2021-theGBJournal- Cordros Research says they remain optimistic that global demand will maintain its rebound, albeit below pre-pandemic levels, forecasting...

IEA urges OPEC and its allies to ‘’open the taps’’ to...

0
SAT 12 JUNE, 2021-theGBJournal- The International Energy Agency (IEA) Friday-(Oil Market Report - June 2021) said global oil demand is set to return to...

Trident Energy kicks off drilling campaign in Equatorial Guinea

0
The Sapphire Driller rig – owned by Vantage Driller – has arrived in Equatorial Guinea and will commence drilling operations of the first part...

OPEC cuts oil demand forecast as Bonny Light averages $53.66/b

0
SAT 13 FEB, 2021-theGBJournal-OPEC expects oil demand to rise by 5.8 million barrels per day (bpd) this year, down by around 100,000 bpd from...

Cordros estimates Nigeria’s GDP will contract by 6.91% y/y in Q4-20

0
SAT, 24 OCT, 2020-theGBJournal- Cordros Research now estimates that Nigeria’s GDP will contract by 6.91% y/y in Q4-20, translating to negative growth of 4.15%...