Tag: crude oil
NNPC/Aiteo Joint Venture launches new crude oil grade into the international...
...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,...
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...
…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...
…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...
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...
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
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
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
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%...