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Oil & Gas
NLNG to rely on alternative supply sources
The Nigerian Liquefied Natural Gas Limited has said it is relying on alternative sources of gas supply to…
Shell unit declares force majeure on gas supplies to…
Shell Petroleum Development Company has declared force majeure (FM) on gas supplies to the Nigeria Liquefied…
Mapping a sustainable future for West Africa’s oil, gas…
Most forecasts for oil prices in recent times have been long on the irrationality of expecting a quick…
Overcoming oil, gas sector challenges hinged on…
Nigeria heavily relies on revenue derived from the oil and gas sector. Currently, oil and gas provide the…
Sound bites from SPE-NAICE 2016 conference
The 40th edition of Society of Petroleum Engineers, Nigeria Annual International Conference and…
Oil traders see glimmer of profit in hoarding crude at…
Oil traders once again believe it is worth heading crude oil out to sea. The market structure for Brent…
Barkindo: Oil above $100 per barrel was ‘abnormal,’
Oil’s climb above $100 per barrel before prices crashed in 2014 was driven by “abnormal” conditions that…
NNPC moves to bolster domestic LPG consumption
The Nigerian National Petroleum Corporation (NNPC) said its partnering some Spanish companies in the area of…
Experts recommend ‘virtual pipelines’ drones as power…
Experts are proposing the use of drones and virtual pipelines as measures to deal with the constraints of gas to…
Major marketers lament negative impact of deregulation
Major marketers of petroleum products in Akwa Ibom State have lamented the negative impact of the deregulation in…
Major marketers lament impact of deregulation
Major marketers of petroleum products in Akwa Ibom State have lamented the negative impact of the deregulation in…
Oil sees overnight gains, trades at $43.96
Brent oil is trading higher at $43.96 per barrel Friday after a substantial rally of almost two dollars a barrel…