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Oil & Gas
Leveraging on research and development capacity to drive…
The issue of plummeting oil price and its serious implications for government revenue pose serious challenge to the…
PEF allays fear of threat to fuel supply
Petroleum Equalisation Fund has said that its adoptions of the Treasury Single Account (TSA) platform has helped it…
More trouble for Nigeria’s oil sector as pipeline…
Nigerian oil industry has suffered a major blow following the explosion that rocked a gas pipeline in Obotim, Nsit…
FG engages stakeholders to resolve aviation fuel…
Federal Government of Nigeria is engaging stakeholders involved with the procurement and distribution of aviation…
NNPC gets marching order on exploration of oil in…
President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation (NNPC) to fast-track its…
Worries of market glut shadow oil market again
Oil prices are slightly down Monday amid worries that a global glut and refined product will continue to weigh on…
Brent oil at $45.90 after big fall on fears of glut
Brent is lower $45.90 per barrel Friday morning following big falls in yesterday’s session as investor’s reassessed…
Russian firm to build 7,000bpd refinery in Calabar
A Russian firm, Safinet Group, has expressed its desire to establish a 7,000 barrels per day (bpd) capacity…
Reps halt $400m loan for upgrade of refineries
Leadership of the House of Representatives on Wednesday halted ongoing process for the acquisition of $400 million…
Aje FPSO prepares for first crude oil lift offshore…
Commissioning of the FPSO Front Puffin at the deepwater Aje oil field offshore Nigeria has been completed,…
Low oil prices, return of insurgency and Nigerian…
Crude oil prices have fallen dramatically over the past two years, from over $100 per barrel to less than $30 in…
Scaling up gas utilisation prospects hinge on incentive…
Nigeria is the lowest user of fertilizer per square meter in the world and equally ranks lowest in per capita usage…