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Oil major Suffers $800m Hit, Revises Q1 Production Guidance

Oil major Suffers $800m Hit, Revises Q1 Production Guidance   Oil major, Shell, yesterday, trimmed its estimated oil and gas production for the first quarter of 2020, warning of major uncertainty over the value and demand for its fuels due to the growing coronavirus pandemic. Similarly the...

Nigeria’s Palm Oil Deficit Worth $800m

Nigeria’s Palm Oil Deficit Worth $800m     In the 1960s, Nigeria was one of the leading exporters of crude palm oil but has now lost the position to become a net importer to bridge a growing domestic demand gap. At the moment, the country has deficit of...