OPINION/EDITORIAL

Okomu Oil Palm: Less Than Effervescent Outlook

July 31, 2019/Cordros Report Q2-19 Update: OKOMUOIL’s earnings result showed that the company’s EPS declined by 38.4% in Q2-19, similar to Q1-19 when EPS was 71.0% lower than the corresponding period of the prior year. The decline in EPS was on account of a material decline in CPO prices, and […]

Oil Markets On Edge Ahead Of Big Week

July 30, 2019/OilPrice.com –    U.S. exports of LNG hit a new record high at 4.7 billion cubic feet per day in May 2019. The U.S. is now the world’s third largest LNG exporter. –    Four new LNG trains with a combined capacity of 2.4 Bcf/d have come online since November […]

Seplat Grows H1 Profit by 15% to $121 Million

July 30, 2019/SEPLAT Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and gas company listed on both the Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE), has recorded a rise of 15 per cent in its half-year profit before deferred tax. In its […]