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Oil & Gas
Warri Refinery gets 90-day ultimatum to start operations
Ibe Kachikwu, group managing director, Nigerian National Petroleum Corporation (NNPC), yesterday, gave a 90-day…
Oil may test $30 again this year: Trader
U.S. crude rallied for a third consecutive day Monday, posting its best three-day gain in 25 years, but traders may…
West Africa crude exports to Asia seen falling to…
West African crude oil exports to Asia are set to fall to 1.68 million barrels per day (bpd) in September, their…
NNPC to eradicate oil theft in eight months
to deploy drones to monitor movement of oil bearing vessels
Playing marginal fields game in tough times
Following the slide in oil prices, the question of marginal fields and how to develop them has become an issue…
Changes in NNPC signal quick oil sector reforms
Appointed only last month, Ibe Kachikwu has made dramatic changes at the state oil company. The NNPC GMD said that…
Oil falls back below $49 as glut, China concerns weigh
Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by a supply…
Ghana oil proceeds hit $3bn amidst doubts over fiscal…
Ghana has earned $3 billion from oil since the beginning of commercial production in April 2011. According to the…
Government to unveil Energy investment vehicle in…
Mexico plans to launch in September a new low-tax investment vehicle aimed at tapping markets to fund energy…
PENGASSAN wants IOCs to reconcile debts, taxes with…
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is asking international oil companies…
Shell says gas supplies to Nigeria LNG reduced on…
Shell on Friday said gas supplies to Nigeria's LNG export terminal on Bonny Island had been reduced due to the…