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Oil & Gas
OPEC hard stance: the morning after
The hard stance of OPEC not to curb crude oil output in the face of plummeting prices comes off as a grand…
Made-in-Nigeria OEM Manufacturing underway for the Oil…
As government revenues decline on the back of falling crude oil prices, efforts are underway in the oil and gas to…
Oil hits new 4-year low as glut looms
Brent crude fell to a fresh four-year low under $70 a barrel after OPEC decided not to cut output, a move investors…
Dwindling crude oil price may upset push for Asia LNG…
The falling crude oil prices look set to delay a push by Asian buyers of liquefied natural gas (LNG) for a pricing…
Vitol buys 1LNG cargo from Nigeria, Korea Gas picks 6 in…
Trading house Vitol has purchased a single liquefied natural gas (LNG) cargo offered by Nigeria’s Bonny Island…
NLNG restates commitment to increased domestic cooking…
Nigeria Liquefied Natural Gas (NLNG) Limited has affirmed its commitment to providing the nation with sufficient…
Countdown: 24 hours to OPEC crunch meeting
Tomorrow, Organisation of Petroleum Producing Countries (OPEC) will its 166th (Ordinary) meeting in what many see…
Ahead of OPEC Meeting Tomorrow: Possible Scenarios
As oil ministers from OPEC’s 12 member states prepare to fly into Vienna this week, they face their biggest…
Ghana looking towards coal for energy sustainability
Coal has been fuelling the world’s energy demands for about two centuries now and it is no coincidence that it…
Statoil to keep up exploration spending despite falling…
Norwegian energy group Statoil will keep exploration drilling high in 2015 and plans to approve a new project this…
Crude oil to fall to $60 without OPEC cut
Analysts believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it…
Venezuela ships first crude mixed with Algerian oil to…
Venezuela is sending its first shipment of crude mixed with Algerian light oil to China, according to state oil…