Browsing Category
Oil & Gas
TNP pipeline carrying Bonny Light crude shut down
Nigeria's Trans Niger Pipeline, one of two major pipelines that carries the Bonny Light crude grade for export, was…
Oil surges to 8-month high on supply disruptions…
Oil prices jumped to the highest level in eight months on Wednesday due to ongoing supply disruptions in Nigeria…
Crude oil pushes above $52 a barrel
Oil prices set fresh highs for 2016, rising to more than $52 on Wednesday as traders watched bloated inventories…
IEA forecast global gas demand decline despite lower gas…
The International Energy Association has released its medium-term report forecasting that global gas demand will…
Nigerian chaos leaves refiners cold and oil unsold amid…
Refineries from India to the United States are backing away from buying Nigerian oil amid heightened uncertainty…
Oil price inches higher on tight supply
A larger than expected drawndown in US crude inventories is boosting oil prices Wednesday with the benchmark Brent…
Senate Probes Chevron’s $10 Billion Gas Project
A Nigerian Senate committee has asked Chevron Nigeria Ltd. to explain why a gas-to-liquids joint venture with the…
What Ogoni cleanup is all about
When Vice President Yemi Osinbajo flagged off the current cleanup of Ogoni land, some commentators were busy…
Shell wont attempt to fix bombed pipeline
Royal Dutch Shell Plc said it won’t attempt to repair a key pipeline in Nigeria for now after militants attacked it…
Oil hits 2016 high on ebbing supply, softer dollar
Oil prices hit their highest in eight months on Tuesday, buoyed by the dollar nearing one-month lows and by falling…
Groups say five oil states’ budgets are secret documents
Some non-governmental organisations (NGOs) say the 2016 budgets of five oil states in the Niger Delta have been…
Senate grills Chevron Nigeria for $7.4bn Gas-to-Liquid…
The Senate has commenced investigation into the inflation of the contract sum of the Escravos Gas-To Liquid Project…