Oil and Gas

NNPC records N30.8bn loss in April

The national oil company, the Nigerian National Petroleum Corporation incurred a loss of N30.81bn in April 2020, representing a continuatoio…

Only 11% of Shell’s oil polluted Ogoniland undergoing HYPREP clean-up, says Friends of the Earth

UNEP identified 21 impacted areas in Ogoniland Godwin Uyi Ojo, executive director of Environmental Rights Action/ Friends of the Earth,…

Focus on OPEC as vaccine hopes fuel market optimism

The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and expectations…

SEPLAT taps top banker, accountant Onwuka, as finance chief, ED

Banker was GMD of acquired Diamond Bank in heyday Seplat Petroleum Development Company Plc, the dual Nigerian Stock Exchange and…

Nigeria Oil and Gas: Impact of Oil Price Volatility and COVID-19

By Tina Blazquez-Lopez, BCLP Counsel in Dubai Nigeria is the largest oil producer in Africa and the sixth-largest oil-producing country in…

Oil prices fall as demand outlook worsens in US

Oil prices fell early on Friday amid surging new coronavirus infections in the United States, which had market participants worried…

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