The 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
Industry
Seplat Petroleum records US$105.8mn loss in Q1 2020
Nigerian oil and gas company Seplat Petroleum has reported a loss of US$ 105.8mn in its unaudited Q1’20 result
Sparrows receives UKAS accreditation for global inspection services
Sparrows Group has enhanced its reputation for inspection services with a United Kingdom Accreditation Service (UKAS) accreditation
LCCI commends Nigerian government’s decision on petroleum product price
The 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
Looking back at the week where oil prices hit negative
In a dramatic week for oil prices, with prices hitting negative territory for the first time in history and sending millions of barrels of oil into storage, market analysts have reflected on what this price slump might mean for the oil industry in the weeks and months ahead
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