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Oil & Gas
Nigeria’s new policy on crude oil lifting will impact…
As Nigeria struggles to shore-up her revenue base because of falling oil prices, she is now being faced with…
Oil price slump: Service companies groan under pressure
The global prices of oil have fallen sharply over the past one year, resulting to significant reduction in the…
Shell abandons contentious Arctic exploration after poor…
Royal Dutch Shell has abandoned a contentious Arctic drilling campaign off the coast of Alaska and is preparing to…
Brass LNG: A re-awakening at wrong time?
Recently, the shareholders of the multibillion-dollar Brass Liquefied Natural Gas (LNG) project, Nigerian National…
Ghana Gas Company increases capacity to process more gas
The Ghana Gas Company says it is upgrading its infrastructure to enhance the capacity to receive all the gas from…
Nigeria’s oil exports under threat from theft…
Nigeria's latest effort to combat theft could imperil its oil income lifeline, compounding the damage the crude…
South Africa sees around 19.5 tcf of recoverable gas…
South Africa's recoverable gas reserves from both onshore shale and offshore gas fields was seen at around 19.5…
Shell abandons Arctic search for oil
Royal Dutch Shell says it has abandoned its Arctic search for oil after failing to find enough crude.
In a…
US oil producers seek end to export ban
As the financial screws tighten on the US oil industry, the search for ways to relieve the pressure has become…
Nigeria loses $8m to drop in crude oil prices in one…
Nigeria lost some $8.65 million to drop in average price of crude from $61.27 per barrel in June to $56.76 in…
Making elephant dance: How to drive economy by…
If each resource nation was a living cell, the national oil company would be the nucleus. NOCs are that important.…