Tag: News Analysis
Browse our exclusive articles!
Nigeria loses Petroleum products worth N15.71bn to vandalism in 2020
Petroleum products worth N15.71bn were lost last year, according to the Nigerian National Petroleum Corporation.
Data obtained from the NNPC showed that petroleum products worth...
All local refineries must be fixed before increasing fuel pricing, NLC insists
The Nigeria Labour Congress says it has listed key issues that should be addressed before the Nigerian National Petroleum Corporation will adjust the pump...
Nigeria say rig count plunged by 55.34% in Q1 ‘21
By Udeme Akpan
THE rig count of Nigeria has dropped by 55.34 per cent in the first quarter, January–March, 2021 to 19, according to data...
How Global Energy Transition Can Doom Africa’s Oil Producers
By Alex Kimani
When it comes to the final frontier for big oil discoveries, it’s not the Guyana-Suriname basin where supergiants like ExxonMobil (NYSE:XOM), Hess...
Rangebound oil prices leave funds on sidelines: Kemp
Portfolio managers increased their exposure to petroleum slightly last week, focusing mainly on Brent, but positions remained rangebound as OPEC+ production discipline was offset...
