Oil & Gas

Regulator sensitizes Sokoto residents on safe handling of cooking gas

DPR sensitizes Sokoto residents on the safe handling of cooking gas

DPR sensitizes Sokoto residents on the safe handling of cooking gas       THE Department of Petroleum Resources (DPR), has called on users and sellers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, to strictly adhere to safety rules in the light of the harmattan season.   Mr. Musa Zarumai-Tambuwal, the DPR […]

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Algeria Leads Africa as OPEC+ Approves 188,000 bpd Output Increase to Support Oil Market Stability

OIL MARKET: 13th OPEC and non-OPEC Ministerial Meeting to reconvene on January 5, 2021

  OIL MARKET: 13th OPEC and non-OPEC Ministerial Meeting to reconvene on January 5, 2021   The 13th OPEC and non-OPEC Ministerial Meeting has been adjourned until tomorrow, Tuesday, January 5, 2021. The meeting, which will resume at 15:30 (Vienna time) tomorrow would enable the Organisation of Petr9oleum Exporting Countries, OPEC and others to find

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ANGOLA: Total  begins production from Zinia phase 2, developing Block 17

Total-led consortium signs exploration, production agreement in Egypt

Total-led consortium signs exploration, production agreement in Egypt An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) has signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean

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

Oil Market: We expect a rebound in the second half of 2021, but it could take a couple of years to hit pre-COVID levels

Oil Market: We expect a rebound in the second half of 2021, but it could take a couple of years to hit pre-COVID levels By HE Mohammad Sanusi Barkindo     Let me wish you and all our colleagues a happy new year, and congratulate you all for your hard work in 2020.  You deserve

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