COVID-19: How oil demand dropped by 9-10mb/d in 2020, to rebound by 5-6mb/d in 2021 — OPEC The Organisation of Petroleum Exporting Countries, OPEC, has provided details of the outbreak of Coronavirus pandemic culminated in oil demand contracting by 9-10 million barrels per day in 2020. The Organisation is also looking forward to market rebound by 5-6 […]
The Organisation of Petroleum Exporting Countries, OPEC, has provided details of the outbreak of Coronavirus pandemic culminated in oil demand contracting by 9-10 million barrels per day in 2020. The Organisation is also looking forward to market rebound by 5-6 million barrels per day this year. This was contained in a statement obtained by The
OPEC Daily Basket – February 17, 2021 OPEC daily basket price stood at $63.04 a barrel Wednesday, 17 February 2021, compared with $62.48 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
OPEC Daily Basket – February 17, 2021 Read More »
No Increase in Fuel Price in February – NNPC In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February 2021. This was disclosed in a press release by
No Increase in Fuel Price in February – NNPC Read More »
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy Service Company (ESCO) initiative in Africa. “This support from the African Development Bank will enable the operationalization of the new SIE as a Super ESCO,
By Grace Goodrich Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas megaprojects to drive in-country value generation and retention. While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique,
OPINION: Driving Deal-Making in Mozambique Post-COVID-19 Read More »
Energy Conglomerate, Sahara Group has released its 2019 Sustainability Report which reflects its commitment to achieving its corporate goals and creating shared value for stakeholders through economic development, protection of the environment and building a sustainable society. Tagged ‘Transformative Innovation’, the report highlights how Sahara continues to leverage innovation and technology in achieving its corporate
Sahara Group leverages transformative innovative innovation for sustainable performance Read More »
Axxela Limited, a company with dual-listing of debt securities on the Nigerian Stock Exchange (NSE) and the FMDQ markets has attracted favourable national scale issuer ratings of BBB+(NG) and A2(NG) in the long term and short term by Global Credit Ratings, GCR. The GCR report obtained by The Daily, https://thedaily-ng.com, stated: “Axxela’s ratings reflect its
Axxela attracts higher ratings for new initiatives, diversification Read More »
By Eyo Nsima The Lagos State Government has partnered with MASTERMINDER Oil & Gas Limited, an accredited Lagos State Safety Commission’s Safety Consultant, targeted at finding lasting solution to frequent truck accidents in Lagos and its environs. In a statement obtained by The Daily, www.thedaily-ng.com, Managing Director, MASTERMINDER Oil & Gas Limited, Mr. Ademola Ademoroti,
By Alison Godswill Despite its leading role globally, the Australian LNG exports were $36.2 billion, down 25.5% from the 2019 record of $48.6 billion in 2020. In its latest report, obtained by The Daily, www.thedaily-ng.com, EnergyQuest, stated: “According to the Australian Bureau of Statistics (ABS) the total value of 2020 Australian LNG exports was $36.2
How Australian 2020 LNG export revenue down 25% to $36.2bn Read More »
