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Oil & Gas
Rigs rebound shows Shale boom resilience
US oil drilling increased for the first time after 29 weeks of declines signifying that US oil production may start…
Fuel queues build up as PPMC, banks cut credit to…
A mounting build up of petrol queues across the country has been traced to the insistence of the Pipeline Products…
PPPRA, LPG marketers on collision course over proposed…
Petroleum Products Pricing Agency (PPPRA) and marketers of Liquefied Petroleum Gas (LPG), otherwise called cooking…
Stakeholders caution government over APC recommendation…
The Federal Government has been cautioned against the suggestion by the ruling party, All Progressives Congress…
Nigeria LNG clarifies role in dry-dock project
Nigeria Lequified Natural Gas (NLNG) has clarified it role in relation to the $1.5 billion dockyard to be sited in…
OPEC oil output hits three-year high in June on Iraq
OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi…
Saudi Arabia to cut August medium, heavy crude oil…
Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in…
‘NLNG should not take N300Bn heavy vessel repair yard to…
– Rivers entrepreneurs and investors group
The plan by the Nigeria Liquefied Natural Gas (NLNG) Company to build a…
Fighting market share: Nigeria slashes crude oil prices
The Nigerian National Petroleum Corporation (NNPC) has reduced the prices of Nigeria’s crude oil grades, Bonny…
DPR gets new new helmsman
The Federal Govern- ment has appointed Mordecai Danteni Baba Ladan as the new di- rector for the Department of…
NLNG Train 7 project can attract $10bn FDI – PENGASSA
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGAS- SAN) has urged the board of the Nigerian…
Shell extends Caverton helicopter contract for 2 years
Caverton Offshore Support Group plc (COSG), a provider of marine, aviation and logistics services to local and…