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Oil & Gas
NNPC, IOCs’ bleak earnings signify more troubles ahead
The recent financial results released by the Nigerian National Petroleum Corporation and some global oil majors…
Does application of local content in West Africa hurt…
The concern that local content application may mitigate value creation and competitiveness in the economy is why it…
BG posts $2.3 billion earnings
BG Group ended the year on top with its total earnings coming in at $2.3 billion, a significant improvement from a…
Mozambique to speed up with $15 billion LNG project as a…
Mozambique is racing to tap gas from one of the biggest discoveries in decades as a global glut looms. After making…
Lagos offshore oil field targets March for production
The Aje shallow-water field offshore Lagos is now expected to reach first oil at the end of March 2016 as against…
Iran restarts relationships with European oil clients
Iran will start sending 300,000 barrels a day of crude to Europe 54 percent of the total it shipped before…
Stakeholders want FG to stop exporting crude oil
As the dwindling fortune of Nigeria continues with the falling oil prices at the international market, stakeholders…
2016 International Petroleum Week to focus on…
International Petroleum (IP) Week organised by the Energy Institute (EI), will hold from February 9 – 11, at the…
Oil renews slide as production cuts prove elusive
Oil prices fell on both sides of the Atlantic on Tuesday, with US crude dipping below $30 a barrel, as a deal…
Modest exploration, production activities projected for…
Despite the low oil price regime, West African sub-region may witness modest in 2016 in the area of exploration and…
Upstream projects deferred in Nigeria, Angola, others as…
Many upstream projects across the world have been deferred as low crude oil price persists. According to a report…
Nigeria’s energy policy – shadows versus vistas
Hearing Nigeria’s energy policy makers’ talk, you would think everything was going well for the country in the…