Where is the oil market heading?

nakhleToday’s oil price crisis is not an oil market story but a global economy story, delegates at a Gastech webinar heard

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Energy demand set to fall amid COVID-19 crisis, says IEA

zachary theodore guADzpF9pDI unsplashThe COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year set to dwarf the impact of the 2008 financial crisis and result in a record annual decline in carbon emissions of almost eight per cent

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Seplat Petroleum records US$105.8mn loss in Q1 2020

seplatNigerian oil and gas company Seplat Petroleum has reported a loss of US$ 105.8mn in its unaudited Q1’20 result

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Sparrows receives UKAS accreditation for global inspection services

SparrowsSparrows Group has enhanced its reputation for inspection services with a United Kingdom Accreditation Service (UKAS) accreditation

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LCCI commends Nigerian government’s decision on petroleum product price

bola petrol priceThe Lagos Chamber of Commerce and Industry (LCCI) has commended the decision of the Nigerian government to allow market forces determine the price at which petroleum products are sold in the country

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