Browsing Category
Oil & Gas
Petrol scarcity bites harder in Lagos, Kano, Port…
Many parts of the country continue to experience scarcity of premium motor spirit (PMS) otherwise known as petrol.…
Long queues as fear of fuel scarcity hits Lagos
Economic activities in Lagos and environs are threatened as the various fuel depots are said to be drying up of…
Total sells interest in Angola block to Sonangol
French major To¬tal has announced that it has sold its 15percent interest in Block 15/06, offshore Angola, to…
BP to market Jet Fuel in India
BP, Europe’s second-biggest oil company, has applied for a license to market aviation fuel in India as it aims to…
Saudi Arabia’s January oil output drops to 9.767 million…
Top oil exporter Saudi Arabia produced 9.767 million bar¬rels per day of crude oil in January 2014, down from 9.819…
Oil hovers near $100 on hopes of US recovery
Oil hovered near $100 a barrel on Monday February 10, 2013 on hopes that the U.S. economic recovery can be…
India’s import of Nigeria crude oil to reach 116.8 m…
India’s import of Nigeria crude oil is projected to grow by 26 percent to reach 116.8 million barrels in 2014 all…
Our success a product of creativity, long term…
Taofik Adegbite is the chief executive officer of Marine Platforms. In this interview with OLUSOLA BELLO he…
AfricInvest Group completes investment in Broron Oil…
In a bid to build a strong Nigerian and ultimately African brand by systematically developing capacity and…
Reconciling alleged unremitted oil revenue
The recent revelation from the Nigerian National Petroleum Corporation (NNPC) that it spent the…
Who is afraid of privatisation of refineries?
The Federal Government budgeted about N971billion for subsidy on Premium Motor Spirit (PMS) otherwise called petrol…
PIB will not solve problem of gas supply to power…
The Petroleum Industry bill will not solve the problem of gas supply to the power sector. This is because the…