Goldman Sachs Sees Oil Price Hitting $90 A Barrel
Yemisi Izuora Goldman Sachs has predicted a strong rebound in global oil demand anticipating it could push Brent crude oil prices above its year-end forecast of $90 per barrel. The…
Oil & Gas
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Oil Prices Edge Lower After Sustained Rally
Yemisi Izuora Oil prices crashed on Tuesday, taking a breather from a sustained rally driven by strong demand in the United States the world’s biggest consumer of oil and its…
Professionals Considers New Technologies As Key To Scaling Up Crude Production
Yemisi Izuora Adoption of new technologies have been identified as one of the options Nigeria should encourage to sustain and scale up its crude oil production. To this end the…
Morocco To Establish A Public Firm To Drive Nigeria’s Gas Infrastructure
Yemisi Izuora The Government of Morocco is in the process of creating a public company to manage a project involving the supply of natural gas from Nigeria through a pipeline…
Brent Price Jump Above $85 After S/Arabia Cautions On Supply
Yemisi Izuora Oil climbed $85 a barrel after Saudi Arabia said that the Organization of Petroleum Exporting Countries, OPEC+ alliance should maintain its cautious approach to managing global crude supplies…
Firm Expands Footprint In Downstream Oil And Gas Sector
Yemisi Izuora Quest Oil & Engineering Services Limited, and owners of Ascon Oil Company has announced its reinvigorated strategy for the downstream sector. Following the acquisition of Ascon Oil Company…
Energy Transition: Nations To Witness Economic Disruption, Security Challenges – Kyari
Yemisi Izuora The Group Managing Director and Chief Executive Officer, GMD/CEO of the Nigerian National Petroleum Corporation, NNPC Ltd, Mallam Mele Kyari, has cautioned that developing economies might likely witness…
Instead Of Reduction Shell Is Increasing Emission By 2030- Report
Yemisi Izuora Oil giant Shell is moving toward contravening a Court order to reduce emission by 45 per cent by 2030 as new report shows the company likely increasing emissions…
Shell Considers Significant Offshore Vessel Contract For Fields Development In Nigeria
Uchenna Izuora Royal Dutch oil giant Shell is planning to award a significant contract in Nigeria that could involve the supply of up to 14 offshore vessels chartered on a…
Our members’ funds trapped in scrapped petroleum agencies – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has cried out, alleging that funds of its members are trapped in the recently-scrapped agencies in the Ministry of Petroleum Resources. IPMAN…
