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Oil & Gas
Petrol prices increase first time in 8 months to N146 in…
The average price paid by Nigerians for the Premium Motor Spirit (PMS) or petrol, as it is popularly called…
Oil prices set to soar on Iran, Venezuela crises
Paris-based International Energy Agency, a global energy think warns that global oil market could tighten leading…
US now world’s biggest crude oil producer
The United States has surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer based on…
Time ticks for Nigeria as oil demand seen peaking 15…
Nigeria faces a bleaker future should oil demand peak 15 years earlier than previous forecasts that estimated it…
Will Mozambique become the next Nigeria?
International media organisations reported that at least 80 people have been killed in northern Mozambique since…
Unusual bid from BP stirs up Nigerian crude grades
Bidding interest from oil major, BP, seeking for an unusually large number of cargoes, stirred up interest in…
What NLNG can learn from PetroChina’s plans to grow…
Despite Nigeria Liquefied Natural Gas (NLNG) giant strides, there is still much to learn as China’s largest oil and…
Novatek’s performance shows legroom for independents in…
Novatek, Russia’s largest independent natural gas producer has surpassed state-run Gazprom PJSC, the world’s…
Oil prices may hit $100 as US sanctions on Iran loom
Iran will in November come under the burden United States of America’s sanctions on its financial, energy and…
Nigeria’s 9% active oil rig count improvement faces…
Nigeria’s active oil rig count grew marginally by 9 percent but investors will not be in a hurry to make new final…
Asian market now next growth frontier for Nigeria,…
A market analysis by Fitch Ratings, a leading global ratings agency has found that growing gas demand from Asia,…
Nigerian firm wins maiden Shell Global innovation…
A Nigerian plastic-recycling company has won the maiden Shell Outstanding Achievement Prize in the 2018 Shell…