15th OPEC and non-OPEC Ministerial Meeting concludes with a renewed commitment to market stability By Eyo Nsima The 15th Meeting of OPEC and non-OPEC Ministers took place via videoconference on Thursday, 1 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime […]
ENVIRONMENT: YEAC names Dr. Tamuno Environment Hero Dr. Igbiks Tamuno, the immediate past Commissioner for Environment has been described as an “Environmental Hero” by Youths and Environmental Advocacy Centre (YEAC) and Platform for the Coordination of Niger Delta Artisanal Refiners for Modular Refineries for being sacked in the middle of an ongoing press conference on
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Dangote empowers 16,000 rural women in all Kwara LG Aliko Dangote Foundation (ADF), on Wednesday, empowered a total of 16,000 women in all the 16 local governments area of Kwara State. Each of the 16 thousand rural women was given the sum of N10,000 each, to help boost their petty trade and also start
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NCC open to innovations, strategic collaboration for Human Capital Development – Danbatta The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has emphasized that the Commission will always be open to ideas, innovations, and meaningful collaboration with strategic institutions for the development of human capacity in Nigeria.
OPEC daily basket price stood at $63.07 a barrel Wednesday, 31 March 2021, compared with $63.37 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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Local Content: We invest to promote FG Policies, Projects – Wabote The Nigerian Content Development and Monitoring Board (NCDMB) has said that it only partners with strategic policies and projects that are promoted by the Federal Government and would not invest in oil and gas businesses that have competitive private players. The Executive Secretary
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Global oil demand in 2021 is revised slightly to stand at 5.6 mb/d By HE Mohammad Sanusi Barkindo One year ago, we were on the precipice of heading into the dark month of April 2020. It would be a harrowing month for the oil industry, with economies in lockdown, oil demand dropping by
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Oil price to drop as OPEC output rises By Eyo Nsima There are indications that oil prices might drop further as huge Iranian oil enters the volatile international market. According to Oilprice.com, “A large increase in Iranian oil production pushed overall OPEC oil output higher in March compared to February, the monthly Reuters survey found
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OPEC Daily Basket – March 30, 2021 OPEC daily basket price stood at $63.37 a barrel Tuesday, 30 March 2021, compared with $62.86 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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COVID-19: Confirmed cases now 162,641 in Nigeria The confirmed cases of Coronavirus pandemic have increased to 162,641 in Nigeria, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 29th of March 2021, 48 new confirmed cases and 1 death were recorded in Nigeria. To date, 162641 cases have been confirmed,
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