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

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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...

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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

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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

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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

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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%...