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Oil & Gas
W. Africa Crude-Focus turns West as China stays out of…
Buyers in Europe and the United States were the primary hope for sellers of Angolan crude oil this week as Chinese…
Frontier Oil calls for better deals for indigenous gas…
The federal government has been called upon to immediately engage the indigenous gas companies on ways of boosting…
Oil steadies after strong gains on Nigeria supply…
Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets,…
NNPC invites 7 firms to bid after cancellation of crude…
The Nigerian National Petroleum Corporation (NNPC) has invited seven firms to bid, following the cancellation of…
Nigeria’s crude oil exports to hit annual high in…
Nigeria plans to export a total of at least 2.04 million barrels per day (bpd) of crude oil in October, the highest…
Oil slides to 6-year low as commodities tumble
Oil plummeted more than 6 per cent to levels last seen during the financial crisis and a broad index of commodity…
NNPC invites 7 firms to bid after cancellation of crude…
The Nigerian National Petroleum Corporation (NNPC) has invited seven firms to bid, following the cancellation of…
‘Non passage of PIB is stalling sector from moving…
The Petroleum Industry Bill (PIB) has dealt a devastating blow on operators in the Nigerian petroleum industry,…
Norway’s oil minister says crude price at $40…
Crude at $40 a barrel is unsustainable and prices will have to rise as supply drops out of the market, according to…
Brent crude falls below $45 for first time since 2009
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing…
One million barrels daily crude production at risk
As NNPC, JV partners fail to implement 2013 business plan
BEN EGUZOZIE hits 3,200 LNG cargo exports by Q2 2015
The Nigeria Liquefied Natural Gas company (NLNG), Bonny Island, Rivers State, has shipped 3,200 liquefied natural…