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Oil & Gas
Africa Centre for Energy Policy questions Ghana’s gas…
The Africa Centre for Energy Policy (ACEP) is raising issues against the Sankofa gas project agreement, stating it…
ExxonMobil completes $246 million gas project in…
ExxonMobil has completed a $246 million drilling program at the Turrum field in Bass Strait aimed at unlocking…
Iran can boost oil output days after sanctions end
Iran can boost oil production in one week after international sanctions are lifted, and OPEC’s refusal to…
34 ships with petroleum products, foods expected in…
Thirty-four ships laden with petroleum products, food items and other goods are expected at the Lagos ports between…
Job cuts, Q2 earnings reveal impact of low crude oil…
There has been no respite for crude oil prices as the slide continues. The recent slide is for a fifth straight…
Nigeria refineries have been working but at abysmal low…
The announcement that Nigeria local refineries have commenced operation is a welcome development but what the…
World Bank approves $700 million for offshore gas…
The World Bank approved $700 million in investment guarantees for an offshore gas project in Ghana that will help…
US crude in biggest monthly fall since 2008
US crude posted its biggest monthly drop since the 2008 financial crisis after a string of losses in July triggered…
Niger cuts oil price for Chinese Joint-venture refinery
Niger has agreed a 15 percent cut in the price of oil sold by China National Petroleum Corp (CNPC) to their…
Oil crash exposes Nigeria’s marginal global trade…
Crash in oil price has exposed Nigeria’s little influence in the international trade circle as non-oil exports fail…
President Buhari plans to split state NNPC into two…
President Muhammadu Buhari plans to split the state-owned Nigerian National Petroleum Corporation (NNPC) into two…
Lagos gridlock: NUPENG backs plans to expand tanker…
National Union of Petroleum and Natural Gas Workers (NUPENG) has described as a welcome development the planned…