Blog

As the year draws to a close (yes, we're nearly there), we want to take a moment to thank you for allowing us to be an important part of your daily life. It’s our privilege to serve you - a responsibility we take very seriously.

Nigeria produces only high value, low sulphur content, light crude oils - Bonny Light, Brass Blend, Escravos Light, Forcados Blend, Qua-Iboe Light. Others include Antan Blend, Bonny Medium, IMA, Odudu Blend, Pennington Light, Ukpokiti. 

Shell Screen London…There is no such thing! The “Shell Screen” is an old Joker Broker myth based on a very thin application of truth. There is no “Shell Screen Company” in London run by Lloyds of London or the NNPC or anyone else. The “Shell Screen” doesn’t exist, it is a complete MYTH.

The new norm in the oil and gas terrain is a regime of significant commodity price volatility, affecting many businesses across different industry sectors and across the entire energy chain. 

'Dated Brent' is a market term for physical cargoes of crude oil in the North Sea that have been assigned specific dates when they will be loaded onto a Tanker.

Most of the people we are communicating with expect the Seller to show that he is selling to others. They want some verifiable proof of that fact.  Those Buyers because they are financially capable of buying, want to work with a Seller that is known to be capable of selling. In many cases they want to start here – who are we dealing with?

Those who wish to buy and sell Nigerian crude oil must demonstrate their commitment to the oil industry through allocation of adequate resources of capital, equipment and manpower to the general business of prospecting, exploration and production of crude oil.

Nigeria has reached their OPEC quota and can not sell new contracts for crude oil without exceeding its OPEC quota. Regardless, Nigeria has been doing so for many years. It is a very private marketplace.