Oil & Gas

Yemisi Izuora    The Nigeria-focused firm Eland is set to double its oil production to about 17, 000 barrels a day in 2019. George Maxwell, the firm’s chief executive, said:…

Yemisi Izuora Oil prices were on Wednesday pulled down by economic growth concerns that darkened the outlook for fuel consumption, but supported by voluntary supply cuts led by producer club…

Yemisi Izuora  Themis, an Africa-focussed power company based in Morocco, has announced a new partnership with Kingline Development Nigeria Limited (Kingline) to develop a 550 megawatts, MW, natural gas-fired power…

Yemisi Izuora Oilserv Group has commissioned a new corporate office complex sited in the premises of the registered base in Port Harcourt, Rivers State, Nigeria. The magnificent edifice, which was…

 Yemisi Izuora  The Nigerian National Petroleum Corporation (NNPC) has assured that the Oil Industry would attain the 2.3 million barrel per day production volume-target for the 2019 budget, assuring that measures have…

Yemisi Izuora  Oil prices nosedived on Wednesday, retreating from a four-month high, as concerns that trade talks between the United States and China have stalled, stoking fears over the outlook…

Yemisi Izuora  Vitol has maintained its position as the world’s largest oil trader, after reporting higher traded volumes last year on Tuesday. The firm also said it expected oil demand…

 Yemisi Izuora  The Kolmani River-II Well which spud-in was flagged off last month by President Muhammadu Buhari is progressing satisfactorily, with drilling so far of 6,700 feet, the Group Managing…

..May Extend Cut To 2nd Half Of 2019 Yemisi Izuora  Oil prices hovered just below 2019 highs early on Tuesday, supported by ongoing supply cuts led by Organization of Petroleum…