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Oil & Gas
Oriental Energy takes full operational control of Ebok…
Oriental Energy Resources Limited (Oriental), the 60 percent equity owner of the Ebok and Okwok assets, offshore…
Refineries: Nigeria’s $100m annual process…
The N20 billion ($100m) annual investment in the Nigeria's oil and gas process chemical industry is in recession.…
Crude futures fall after IEA warns glut will persist…
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at…
Oil slides to new seven-year low as IEA warns of worse…
Crude oil prices hit fresh seven-year lows on Friday as the International Energy Agency (IEA) warned global…
OPEC oil production accelerates in November
Oil production from OPEC countries accelerated in November as an increase in Iraqi output offset a decline from…
Oil price hits fresh post 2009 lows as glut grows
Oil prices resumed their slide on Tuesday; with U.S. crude falling below $37 per barrel for the first time since…
De-risking fuel Subsidy; before the pack fall
Popular opinion is building on the total removal of fuel subsidy by Nigeria’s new government led by President…
Oil extends decline below $40
Oil extended losses below $40 a barrel amid speculation a record global glut will be prolonged as OPEC effectively…
Shell seeks $7 billion credit facility ahead of BG deal
Royal Dutch Shell is seeking to secure a $7 billion credit facility in North America as back-up for its $70 billion…
OPEC meeting ends in acrimony
OPEC will stick with its policy of not constraining output and has all but abandoned its official production target…
RasGas continues to evolve with changing trends in LNG
Despite some recent turbulence, the global business environment for liquefied natural gas (LNG) remains strong, and…
NNPC to privatise pipelines to end JV cash call…
Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to raise funds from international…