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Oil & Gas
Carbon emission reduction: Govts, organisations endorse…
About 40 influential international and business organisations, including governments on Monday in Paris, called for…
Oil prices slide on China worries, supply glut
Crude oil futures fell on Friday, bringing losses this month to close to 9 percent, as disappointing Chinese data…
Petrol volume in depots near zero level –…
The fuel situation in Nigeria may become more critical after next week if the National Assembly does not approve…
NLNG, BGT commission four new hi-tech LNG vessels
The Nigeria LNG Limited (NLNG), through its subsidiary, Bonny Gas Transport Limited (BGT), has commissioned four…
Nigeria’s January crude oil exports to reach…
Total exports of Nigerian crude oil are expected to rise by nearly 10 percent to a three-month high in January,…
Hedge funds’ oil shorts reach peak for the year
Hedge funds’ bets against the oil price have risen to the highest level this year ahead of next week’s Opec…
Yanaty: Court reserves judgment in alleged N1.8bn…
Court of Appeal, Abuja, on Tuesday, reserved judgment in the case involving Yanaty Petrochemical Limited, an oil…
Insolvency looms in Nigeria’s oil, gas sector
Falling oil prices are affecting projects and companies in the oil and gas sector. There are a number of reasons…
Oil slides back lower after spike on Saudi statement
Oil prices fell on Monday, releasing fleeting gains made after the Saudi Arabian cabinet reiterated its commitment…
Nigeria re-affirms commitment to forum of gas exporting…
Nigeria has assured the Gas Exporting Countries Forum (GECF) of its continuous support as it struggles to surmount…
Africa oil boom fades as $50 crude shuts door on…
On the brink of a boom,” was the banner on PricewaterhouseCoopers LLP’s review of Africa’s oil industry 16 months…
Oil trades near three-month low as excess supply takes…
Brent crude oil futures traded near three-month lows on Friday as the pressure of a persistent supply glut quashed…