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Oil & Gas
NAICE will provide world-class opportunities for…
The 2015 edition of Nigeria Annual International Conference and Exhibition (NAICE) organised by Society of…
Downstream price war: West African crude benefits
In the wake of the slide in oil prices, the Saudis initiated an aggressive pricing strategy to retain market share…
World Bank projects crude oil to average $57 per barrel…
The World Bank has revised upward its 2015 crude oil price forecast to $57/barrel from $53/b in April, with demand…
Sterling sees acquisition opportunities amid low oil…
Africa-focused junior oil and gas firm Sterling Energy said that it intends to take advantage of the low oil price…
Oil falls to lowest since March
Brent and US crude futures settled at their lowest since March and posted their fourth straight weekly decline as…
Oil supply outpaces demand faster in 2nd quarter
The gap between world oil production and consumption grew even wider in the second quarter, adding to the largest…
NEMA hands over relief materials to victims of oil spill…
The National Emergency Management Agency (NEMA) in the South-South, has handed over relief materials to Delta…
PENGASSAN queries NNPC’s failure to fund JV operations…
Workers in the oil and gas industry have raised concern over the continued inability of the Federal Government…
2015 energy prices to be 39% lower than 2014
The World Bank has said that commodity prices are expected to remain weak in 2015, despite a slight rebound in oil…
Iranian oil makes a comeback
Iranian oil has made a comeback following the landmark nuclear energy deal with world powers. Tehran and major…
Experts brainstorm on Nigeria’s petroleum industry…
Experts gathered for a policy roundtable under the aegis of Centre for Petroleum Information (CPI) recently in…
ExxonMobil, Chevron, Total opt out of Mexico’s historic…
Exxon Mobil, Chevron and Total have opted out of Mexico’s historic oil auction because the fields are too small.…