March 9, 2022/United Capital Research The Nigerian National Petroleum Company (NNPCL) Limited announced its intention to acquire power plants owned by the federal government under its Nigerian Integrated Power Project (NIPP). The Bureau of Public Enterprises (BPE) announced its intention to sell 100.0% of power generation companies from the NIPP. […]

March 8, 2022/OilPrice.com Chart of the Week – Spot gas prices in Europe have reached unprecedented levels on fears that sanctions against Russia, accounting for 40% of total imports, might leave the continent’s natural gas demand without supply.  – Europe’s benchmark spot contract, the Dutch TTF, hit an all-time high […]

March 8, 2022/United Capital Research Last week, OPEC and OPEC + members held their joint technical and ministerial meeting. The monthly meetings were held amid strong recovery in global demand, tightening markets and undersupply owing to disrupted Russian oil sales amid the intensifying conflict between Russia and Ukraine, and increased […]