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Oil & Gas
Crude surplus could extend into 2016
Crude oil prices could drop even further, down to $20 a barrel, as supply gluts are exceeding expectation, says…
Oil above $37 as U.S. supply tightens, still near…
Oil edged further above $38 a barrel before retreating as it remained within sight of an 11-year low reached last…
Brent traders said market was quiet with many…
Crude gained support from the latest snapshot of U.S. supplies on Wednesday. Crude inventories, which were expected…
Oil sector divestments: Host communities must get…
The Nigerian government has been advised to ensure that divestment in the oil sector does not create future crisis…
FG to involve EFCC, DSS in prosecution of pipeline…
Managing director, Petroleum Products and Marketing Company (PPMC), Esther Nnamdi-Ogbue, says the Federal…
Kaduna Refinery begins petrol production of 3.2m litres…
With Nigerians still grappling with the problem of petrol scarcity, the general expectation that long queues at…
Moving the Power Sector Forward: 5
Electricity Distribution Companies: Challenges and way forward
Electricity Distribution Companies (Discos)…
Fuel scarcity: Kachikwu orders for special supply of…
As Nigerian travellers continue to grapple with the hardship occasioned by shortages in the supply of petrol, Ibe…
NNPC awards crude lifting contracts to 21 oil firms
Nigerian National Petroleum Corporation (NNPC) on Thursday announced that 21 companies had entered into various…
NNPC tops losers’ chart as refineries record zero…
Tough times for Nigeria’s troubled oil and gas sector are showing no signs of easing off as the Nigerian National…
Petrol will not sell for N97 per litre – Kachikwu
Ibe Kachikwu, minister of state for petroleum resources and group managing director, Nigerian National Petroleum…
OPEC Secy-Gen says low oil price will not continue
Global crude oil prices at seven-year lows will not continue and could swing upwards in as little as a year, OPEC…