Nigeria loses N149bn to one-day oil workers strike
Nigeria may have lost about N148.8bn in oil revenue on Monday as a result of the industrial action embarked upon by the Organised Labour...
Modular refineries set sights on US crude to fill supply gap
Modular refineries in Nigeria are seeking a consistent supply of crude oil from the United States to address a supply gap, according to BusinessDay...
TotalEnergies, Staatsolie Move Towards FID for Suriname Block
TotalEnergies and Staatsolie Maatschappij Suriname N.V, the Suriname national oil company, said they have taken “several significant steps” towards a final investment decision (FID)...
RESCUE PLAN IN THE OIL AND GAS SECTOR
Undeniably, the oil and gas industry holds the key, at least in the short term, to Nigeria’s prosperity. The imperative to get Nigeria’s natural,...
Analysts Warn Against Rationalizing Reaction to OPEC+ Meeting
It is perhaps unwise to attempt to rationalize the market reaction to the various June 2 OPEC+ meetings, analysts at Standard Chartered Bank, including...
