Oil & Gas

Latest data show that total OECD oil stocks fell further by 20 mb month-on-month in August

OIL MARKET: DoC partners are determined to play their part and provide that effective policy support

OIL MARKET: DoC partners are determined to play their part and provide that effective policy support   By Mohammad Sanusi Barkindo   It is a great pleasure to participate in the 11th IEA-IEF-OPEC Symposium on Energy Outlooks. The last edition of the symposium took place on 19 February 2020. It would be something of an understatement to […]

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NGA announces 2021 Industry Multilogue 2

…President IGU, CEO NLNG, others confirm attendance. The Nigerian Gas Association (NGA) is announcing its Industry Multilogues 2, the 12th biennial International Conference themed “POWERING FORWARD: ENABLING NIGERIA’S INDUSTRIALISATION VIA GAS” slated to hold on Thursday, February 25 and Friday, February 26, 2021, to further discuss pertinent issues towards the actualization of a Gas-powered economy.

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OPEC, Non-OPEC and Oil Market Stability

COVID-19: How oil demand dropped by 9-10mb/d in 2020, to rebound by 5-6mb/d in 2021 — OPEC

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

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

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 million barrels per day this year. This was contained in a statement obtained by The

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Morocco: Africa’s first Super Energy Service firm in gets $965,000 grant to boosts AfDB’s Sustainable Energy Fund for Africa (SEFA)

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,

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

OPINION: Driving Deal-Making in Mozambique Post-COVID-19

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,

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Sahara Group leverages transformative innovative innovation for sustainable performance

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

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Axxela attracts higher ratings for new initiatives, diversification

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

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