AEC salutes Barkindo for his reappointment, roles at OPEC Business Hilights Jul 3, 2019 The African Energy Chamber (AEC) Tuesday salutes the re-appointment of Nigerian Mohammed Barkindo as Secretary General of OPEC and…
10 developments that will shape Africa’s energy sector in 2019 Business Hilights Jan 22, 2019 After a year of rebound and recovery, Africa’s old and new hydrocarbons markets seem to have opportunity to further entrench the…
Oil rises on expected OPEC cuts, as markets wary on trade woes Business Hilights Nov 20, 2018 Global oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply toward…
Oil prices on the rise again after Saudi announced December supply cut Business Hilights Nov 13, 2018 Global oil prices rose by about one percent on Monday after top exporter, Saudi Arabia announced a cut in supply for December…
Global oil prices rise on tightening market, more rise still expected Business Hilights Sep 25, 2018 Oil prices rose on Monday as U.S. markets tightened just weeks ahead of Washington’s plan to impose new sanctions against Iran,…
FG rolls over crude-for-products swap deals till December as under-recovery surges Business Hilights Jun 25, 2018 …Seals $3bn fresh industry deal in Vienna At a time under-recovery payments (subsidy) are rising on a daily basis, the Federal…
Crude oil prices gain on lower U.S. crude inventories, Libyan disruption Business Hilights Jun 21, 2018 As OPEC executives continue their meeting in Vienna Austria today, crude oil prices recovered some day-earlier losses in Asia on…
FG seeks remodeling of APPO structure to allow non member invest in Africa Business Hilights Jun 13, 2018 Vice President Yemi Osinbajo has called on African countries to workout modalities for restructuring the current operational style…
Oil prices in sustained dropping spree after rally, OPEC supply decision Business Hilights Jun 1, 2018 Oil prices dipped on Thursday, after sharp gains in the previous session, weighed down by a surprise increase in U.S. crude oil…
Fears over Saudi Arabia, Russia possible glut draw down oil price Business Hilights May 31, 2018 Oil prices inched down on Wednesday amid concerns that Saudi Arabia and Russia will pump more crude in the second half of the year…