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Exploration

The global LNG industry is about to face its first seasonal demand contraction since 2012, with demand in summer 2020 expected to fall 2.7 per cent or three million tonnes (Mt) y-o-y, said research and consultancy group Wood Mackenzie

Nigeria’s Bonga crude oil export terminal has started routine maintenance, Reuters reported quoting an email from Shell Nigeria Exploration and Production Company (SNEPCO), the operator of the Bonga field

Lagos, Nigeria’s commercial state and former federal capital, has reduced its 2020 budget by 14.7 per cent to US$2.40bn as revenue dipped due to the COVID-19 pandemic

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