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Oil & Gas
Saudi Arabia targets $2trn oil IPO
Saudi deputy crown prince Mohammed Bin Salman confirmed the Kingdom is looking at a listing of less than 5 per cent…
Vitol, says oil price has bottomed out
Oil markets are signaling that prices have bottomed out even as growth in demand for crude is forecast to slow this…
Oil maintains price rally
Brent oil is trading up Friday morning at $45.03 per barrel, setting crude futures on course for solid weekly…
Trans-Forcados pipeline may not be back in operation…
Minister of State for Petroleum, Ibe Kachikwu, Wednesday said the Trans-Forcados pipeline might not be back in…
Oil stays above $45/bbl as market steadies
Brent Crude is trading at 45.72 $/bbl this morning after capping gains from yesterday when it reached five months…
Trans-Forcados pipeline may not be back in operation…
The Minister of State for Petroleum, Ibe Kachikwu, yesterday said the Trans-Forcados pipeline may not be back in…
Saudi moves in on first foreign loan in 25 years as oil…
Saudi Arabia is reported to be close to securing a $10bn (£6.9bn) loan deal from international banks as it tries to…
Cautious optimism greets NNPC’s proposed partnership for…
Analysts say NNPC’s move to engage investors as joint venture technical partners for the rehabilitation and…
Cooperate to be more influential on government policy,…
Industry bodies within the oil and gas sector have been called upon to cooperate so as to be more influential on…
Every oil boom period has been met by widespread…
Every oil boom period has been met by widespread profligacy in the country according to said Prof. Pat Utomi…
PETAN, others urge Nigeria to resume sustainable…
Oil and gas industry operators have expressed fears that Nigeria may not be able to meet up in the event of an…
Doha stalemate: The morning after
Oil producers that supply almost half the world’s crude gathered in Doha on April 17 to negotiate a production…