Oil & Gas

Why implementation of 20% hike in freight cost is delayed – PEF

Nigerians should get ready to pay N195 per litre for petrol — Oil Marketers

Nigerians should get ready to pay N195 per litre for petrol — Oil Marketers Independent Petroleum Marketers Association of Nigeria, IPMAN, have urged Nigerians to get ready to buy petrol at N195 per litre as crude oil price continues to rise in the global market. Addressing journalists, weekend, in Abuja, Chief Executive Officer, Kankada Oil […]

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DPR promises to establish new Modular refineries in Nigeria

DPR promises to establish new Modular refineries in Nigeria By Eyo Nsima The Department of Petroleum Resources, DPR, has promised to grant approvals for the establishment of new Modular refineries in Nigeria.  The Director/CEO, DPR, Engr. Sarki Auwalu, who led members of the top management of the Department on a working visit to the Niger

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In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1% By Dr. MUDA YUSUF The Lagos Chamber of Commerce & Industry (LCCI) notes the improvement in quarterly output performance as real GDP growth rose by 0.11 percent in Q4-2020, compared to a 3.62 percent contraction in the preceding

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Tackle insecurity, infrastructure, poverty, corruption in Nigeria, PENGASSAN tells FG

Tackle insecurity, infrastructure, poverty, corruption in Nigeria, PENGASSAN tells FG By Alison Godswill The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has urged the Federal Government to tackle insecurity, infrastructure, poverty, and corruption in Nigeria. Speaking at the just concluded at the just-concluded National Executive Council of the association in Owerri, Imo State,

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NGA announces 2021 Industry Multilogue 2 

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

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COVID-19: Confirmed cases rise to 165,370 in Nigeria

COVID-19: Almost 110m people have been sickened by the virus

COVID-19: Almost 110m people have been sickened by the virus The Organisation of Petroleum Exporting Countries, OPEC, has observed that almost 110 million people have been sickened by the virus, while over 2.4 million have died, and millions of livelihoods destroyed, due to the Coronavirus pandemic. In his opening statement at the 11th IEA-IEF-OPEC Symposium on Energy Outlooks, 17

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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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