Energy
JP Morgan sees OPEC cutting output by 1.2 million barrels
JP Morgan has said that the Organisation of Petroleum Exporting Countries (OPEC) might have to cut its crude output by…
Experts advise govt to create special fund for oil exploration
Nigeria’s oil reserves remain stagnated at 36.18 billion barrels of crude oil reserves despite a target of 40 billion barrels…
OPEC, allies mull 1.4 million bpd cuts as crude prices plunge
The Organization of Petroleum Exporting Countries (OPEC) and the non-OPEC allies are discussing potentially cutting oil production by as much…
India crude imports from Nigeria, others hit 874,000bpd
India’s imports from Nigeria and other African countries jumped in October to 874,000 barrels per day, their highest level in three…
IEA predicts oil glut in 2019
The global oil market is to experience a glut throughout 2019, as heightened exploratory activities lead to increased output in…
Demand side of electricity on the backburner despite its importance
Demand and supply remains the yin yang of an industry, one cannot work without the other, they are opposite and…
