Tag: crude oil

SAT, JAN 13 2024-theGBJournal|African Export-Import Bank (Afreximbank) announced on Friday that it has made an initial disbursement of US$2.25 billion has been made. It...

...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...

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...

…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...

…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...

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...

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...

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

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...

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%...