Musings on Marble – 6/06/22
A CRACK IN THE WALL About three decades ago when I was building my first house, it looked to me like the most important project in the world. I...
Read More 
OPEC Considers Massive Increase in Oil Production from July
According to tweets from Amena Bakr, Chief OPEC Correspondent at Energy Intelligence, the OPEC Joint Ministerial Monitoring Committee is suggesting an increase in output of 648,000 barrels per day, which...
Read More 
Russia and Saudi Arabia Indicate that OPEC+ is Still Going Strong
Despite a report in the Wall Street Journal yesterday that the OPEC+ alliance was considering suspending Russia from the agreement, details of a meeting between Russian Foreign Minister Sergey Lavrov and...
Read More 
OPEC Rumoured to Be Considering Suspending Russia from Production Agreement
According to the Wall Street Journal, which cited OPEC delegates, some OPEC nations are considering suspending Russia from the OPEC+ accord, which caps the amount of crude oil each member...
Read More 
Brent Reached $120 per Barrel on Monday
At 3:41 p.m. in Abuja, Nigeria (30th May 2022), the Brent Crude July contract was trading at $120.02, up 0.52% on the day. Brent Crude is at its highest level...
Read More 
Musings On Marble – 29/05/2022
CAN YOU CROSS THAT LANE? In the present cosmopolitan world, everyone is grappling with one issue or another and we all keep learning to carry our own crosses. Many times,...
Read More 
Oil and Gas Investment to Rise by 20% In 2022 – Rystad Energy
Global oil and gas investment is set to rise by 20% this year, according to Rystad Energy, with growth driven by soaring oil prices and large amounts of money flowing...
Read More 
Nigeria’s immediate past Minister of State Petroleum Resources and former NNPC GMD, Dr Ibe Kachikwu, Speaks at the Nigerian Promotion Day for Africa Oil Week 2022
The Chairman of AfricEnergy and ambassador for Africa Oil Week, His Excellency Dr Emmanuel Ibe Kachikwu, spoke at the Nigeria National Upstream Planning Meeting hosted by the AOW in anticipation...
Read More 
Saudi Arabia’s Oil Exports Increased by 123% In March
Saudi Arabia's oil exports increased by 123%, or $16.7 billion, in March 2022 as compared to the same month the previous year, according to the country's General Authority for Statistics....
Read More 
Energy Crisis Shouldn’t Lead to Over-Reliance on Fossil Fuels – IEA
The International Energy Agency (IEA) has dismissed the usefulness of fossil fuels for the umpteenth time. Fatih Birol, the IEA's Executive Director, stated that the present energy crisis and record...
Read More