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Oil & Gas
Babs Omotowa appointed Shell VP at The Hague
Outgoing Managing Director and Chief Executive Officer of NLNG, Babs Omotowa, has been appointed by Shell…
Oil steady in choppy trade, Brent set for biggest weekly…
Crude prices steadied in choppy trading on Friday, with Brent on track to its largest weekly drop in six months, as…
Oil prices bounce on Nigeria attacks, but weekly decline…
Crude prices bounced back on Friday from two-month lows hit in the previous session, but benchmark Brent was in…
Qua Iboe loadings delayed by up to five days –…
Exports of Nigeria's largest crude oil stream of Qua Iboe have been pushed back by as much as five days, with…
In fresh blow to the economy, Nigeria’s oil workers…
In further blow to the economy, Nigerian oil workers are walking away from their posts Thursday despite reports…
Shell lifts force majeure on Bonny Light exports
Royal Dutch Shell's Nigerian division lifted a force majeure on exports of Bonny Light crude oil on Thursday, the…
Stakeholders in oil/gas industry express concern over…
Stakeholders in the Nigerian oil and gas industry have raised concerned about the seemly insensitivity of…
Chevron approves $37bn Kazakhstan oilfield expansion
A $36.8bn expansion of the Tengiz oilfield in Kazakhstan, the largest investment by private sector oil companies…
Forex scarcity for petroleum products’ importation…
Despite the naira free-float policy by the federal government, previously fixed at around Naira 197, foreign…
Panama Canal expansion opens more opportunities in LNG…
The successful completion of the $5.4 billion Panama Canal expansion project, which will reduce travel time and…
Akwa Ibom wants end to gas flaring as clean up begins
Akwa Ibom State government wants gas flaring to be put to an end, as hopes of cleaning the oil region get brighter.…
Oil falls to $49 on economic concerns, ample supply
Oil fell below $50 a barrel on Tuesday as concern about a potential slowdown in economic growth that would sap…