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Oil & Gas
Gas marketers advocates end to N1.7trn kerosene subsidy…
Stakeholders in Nigeria’s Liquefied Petroleum sector, the Nigeria Liquefied Petroleum Gas Association (NLPGA), have…
Oil declines after OPEC decides to maintain current…
Oil dropped after OPEC signaled it would maintain current production levels that are near records.
The…
OPEC fails to agree production ceiling after Iran…
OPEC members failed to agree an oil production ceiling on Friday at a meeting that ended in acrimony, after Iran…
OPEC divided over oil output cuts
OPEC is expected to stick with its strategy of not cutting oil production when its ministers meet in Vienna on…
Dwindling oil prices: World Bank supports Nigeria on…
As the fall in global oil prices bites harder on Nigeria's economy, Rachid Benmassoud, World Bank country director…
NLNG under pressure to fund NDDC
Pressure is being mounted on the Nigeria Liquefied Natural Gas (NLNG) located in Bonny Island, Rivers State, to…
OPEC November oil output rises, led by Iraq, Saudi…
OPEC oil output has risen in November from the previous month, a Reuter’s survey found, led by a rebound in Iraqi…
Oil extends decline after worst month since July as OPEC…
Oil extended losses after its biggest monthly decline since July as OPEC showed few signs of slowing its production…
Looking ahead to this week’s OPEC meeting
It is a cautious week as Organization of the Petroleum Exporting Countries (OPEC) members, other oil producers…
Iran whets investors’ appetite with $30 billion oil…
Iran is targeting about $30 billion in investment by offering 70 oil and natural gas projects to international…
PetroChina sells $2.4 billion assets to meet profit…
PetroChina has announced plans to sell pipeline stakes for $2.4 billion as the nation’s biggest oil and gas…
UN rewards SPDC JV Afam VI Power plant for carbon…
Afam VI Power Plant in Rivers State has been recognised and rewarded by the United Nations for reducing carbon…