OPEC Raises World Oil Demand for 2023 in Latest MOMR
According to the latest issue of the Monthly Oil Market Report published by OPEC on Tuesday, the organisation has increased its estimate of the growth in global oil demand for...
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Nigeria Boosts Oil Output as OPEC January Output Drops
According to OPEC's most recent Monthly Oil Market Report (MOMR), which was released on Tuesday, crude oil production from all 13 OPEC members fell by 49,000 barrels per day (bpd)...
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2nd OPEC-AFRICA ENERGY DIALOGUE HELD WITH APPO IN PARTICIPATION
Leading energy partners from the African continent gathered in Cairo on February 12, 2023, for the second annual High-Level Meeting of the OPEC-Africa Energy Dialogue. OPEC hosted the second meeting...
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Algeria Regains Spot as Spain’s Largest Natural Gas Supplier
According to Enagas, Algeria restored its position as Spain's top natural gas supplier in January by meeting 25% of the nation's monthly demand. The Maghred-Europe pipeline was shut down in...
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BP Declares Force Majeure on Turkey’s Azeri Crude Loadings from Ceyhan Port
Following the terrible earthquake that struck southern Turkey and northern Syria earlier this week, BP Azerbaijan has imposed force majeure on loadings of Azeri crude from the Turkish port of...
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Libya’s Oil Minister Says Oil and Gas Output will Increase by End of 2023
In a meeting with the Dutch ambassador to Libya on Sunday, the Libyan Minister of Oil and Gas, Mohammed Oun affirmed that the oil and gas production rates will be...
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Musings on Marble – 6/02/2023
RAISING COMMITTED STAFF A group of entrepreneurs were talking about the high rate of mobility amongst skilled workers. They felt that the skilled workers were getting quite arrogant and...
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Nigeria’s NNPC Ltd & Daewoo Sign Contract To Fix Kaduna Refinery
The Kaduna Refinery & Petrochemical Company (KRPC) Limited will be renovated, according to a deal that the Nigerian National Petroleum Company Limited yesterday signed with Daewoo Engineering & Construction Nigeria...
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Libyan Oil Ministry Rejects $8 Billion Gas Deal with Italy’s Eni
The massive $8 billion agreement that the Italian energy giant signed this weekend with the Libyan National Oil Corporation (NOC) has been rejected by Libya's oil ministry, which claims that...
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Nigeria’s NNPC Ltd Completes Contract Termination with Addax; Takes over Assets
At the "Final Close-Out of the Addax Transfer, Settlement and Exit Agreement" conducted at the NNPC Ltd’s Towers in Abuja, Nigeria, the Nigerian National Petroleum Company Ltd (NNPCL) terminated the...
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