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Oil & Gas
Marginal oil producers need to produce crude oil at…
Nigerian oil firms, especially marginal field operators, need to keep the production cost of its crude oil at…
Oil Bulls have some comfort on the way: Citi
While oil bears go “wild” at crude’s retreat to $40 a barrel, there’s some comfort on the way for the bulls,…
US crude drops below $40 a barrel
US crude hovered near the $40 a barrel mark early on Tuesday, while the global benchmark Brent was at three-month…
Deepening investment in Virtual Pipeline to tackle…
Nigeria currently produces an estimated 7 billion scf per day and account for an estimated 182 trillion scf of gas…
Prospects for Sub-Saharan Africa as oil, gas projects…
About 43 crude oil and natural gas projects set to come on stream in Sub-Saharan Africa by 2025, with a potential…
Dangote refinery to resolve fuel supply challenges in…
Governor Akinwunmi Ambode on Tuesday expressed optimism that the Africa’s largest single oil refinery being…
Nigeria’s aviation fuel price up 100% as Ghana reduces…
While the government of Ghana has promised to reduce the cost of aviation fuel by 20 percent, domestic airlines in…
FG gives 105 days for GSHL to present business plan on…
Following Monday’s signing of the modified agreement between the Federal Government and Global Steel Holdings…
Asian bookings of West African crude to slip lower in…
Cargoes of West African crude oil sailing east are on track to fall in August on fierce competition, shaky demand…
Buhari says Nigeria to convert gas for easy export
Nigeria’s President Buhari on Tuesday, disclosed that the Government is considering the possibility of using modern…
Uganda picks Nigerian, Australian firms for oil…
Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting…
Oil down 3 pct on worry over OPEC output, U.S. rig count
Oil prices fell more than 3 percent on Monday, with U.S. crude hitting April lows, weighed by a survey showing…