The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, on Wednesday said that the anticipated public listing of the company’s shares at the stock market as provided for in the Petroleum Industry Act (PIA) will start soon.

Kyari told international oil and gas players participating at the ongoing 2024 CERAWEEK in Houston, United States that NNPC would become a quoted company in line with the PIA, adding that at maturity, some of the national oil company’s shares would be divested.… Read the rest

Standard Chartered, one of the leading financial institutions, has projected that global oil demand is poised to reach an all-time high in May, according to their latest analysis. This forecast comes amidst ongoing geopolitical tensions and supply constraints in the energy markets.

The bank’s analysts have revised their previous estimates, anticipating a surge in oil consumption to unprecedented levels during May.… Read the rest